The savings plans are also designed in a way that the premiums help you save enough by the time plan matures, so that you have enough
savings after the policy term to meet any needs.
Not exact matches
Unlike permanent life insurance
policies,
term life ends
after a specified number of years and does not feature any sort of
savings or investment component.
You may surrender your
policy after the completion of a lock - in period as specified in the
terms and conditions of your
policy by submission of a duly filled and signed Surrender Request Form, your
savings bank account details, a cancelled cheque leaf from the account and self - attested copy of KYC documents at the nearest branch location.
SBI Life Smart Income Protect is a participating
savings plan which provides regular annual payouts
after the
policy term along with insurance cover during the
policy term.
Kotak Assured
Savings Plan Benefits are provided in the form of bonus i.e. an additional sum that a policyholder will receive during the
policy term or
after maturity.
ICICI Pru
Savings Suraksha Benefits are provided in the form of bonus i.e. an additional sum that a policyholder will receive during the
policy term or
after maturity.
Bharti AXA Life Secure
Savings Benefits are provided in the form of bonus i.e. an additional sum that a policyholder will receive during the
policy term or
after maturity.