Secure Savings FAB

Features
1. Two Policy term
options (15 and 20
years)
2. Guaranteed
Additions at maturity
3 Life Insurance
Cover

4. Maturity Benefit
5. Reduced Paid up
6. Minimum Annual
Premium
Rs 18,000 for 15
years Policy term
Rs 12,000 for 20
years Policy term
7. Age at entry
3 years for 15 years
policy term
0 years for 20 years
policy term
8. Maximum age at
Entry 55 years for 15
years policy term 50
years for 20 years
policy term
9. Option of
Attaching 2 riders

10. Tax Benefits on

Premiums &
Benefits

Advantages
Choose any policy term as per your
convenience. Range of choices for the
customer
Ensures upto 10% of all cumulative
premiums is paid at maturity
Higher of base sum assured plus guaranteed
additions on premiums paid or 10 times
Annualized premium or 105% of
premiums paid till date of death
100% Sum Assured + Guaranteed additions
The policy goes into paid up status
automatically if nto reinstated or surrendered
Affordable premiums

Benefits
Customer can choose the policy
term depending on their
convenience
Additional income to supplement
the returns available at maturity
An amount higher of the three
will be paid out as life insured
benefit.
Lump Sum amount available at
maturity
Customer can continue with the
policy in case of any financial pro
Can be pitched to most income
groups

Open to big customer base

Can be pitched as a plan suitable

for children. Money available at
maturity can be used for the
childs education

Open to customers at a higher entry age

Can be pitched as a pension plan.

Returns will be available at a time
when needed most

Two riders can be attached additionally for

increased benefits: Hospi Cash rider and
Premium Waiver Rider

Customer can enhance protection

against hospital expenses or
premiums to be waived incase of
death of policy holder
One can save tax up to 33,000
every year till the date of maturity

Tax benefits on premiums paid (up to

100000) and benefits received under section
80 C and section 10(10D) of the Income Tax
Act, 1961

FOR INTERNAL CIRCULATION ONLY