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  • Premium - Minimum 10000 & count in multiples of 5000


  • Age Limit - 0 to 60 Year (for 0-18 years proposer detail is compulsory)


  • Term - 10 to 20 years as per choice


  • Maturity Age Limit - 70 Years


  • Sum Assured - 5Xannualised premium or ( 0.5*annualized premium*policy term) whichever is higher


    • Funds Offered:- Equity Index Fund II,Pure Stock Fund,Bond Fund

    Premium Allocation - 30% of first years premium. For next years onward 97 % premium.

    Maturity Benifit - Fund value

    Death Benefit - Sum assured + fund value

    Flexibility - After depositing 3 installments, if you are unable to deposit further installments then
    1. You can surrender the policy without any surrender charges.
    2. You can make partial withdrawal ( 125% of annual premium must be maintained).
    3. Your policy will continue for full term ( Subject to condition (2) above.)
    4. The policy can be revived anytime after it has lapsed provided three yearly premiums have been paid.


    Tax Benefit - Tax benefit under section 80C and 10( 10)D

    Note:- illustration form must be attached with every proposal form.

Difference between CUG & New Family Gain:-

Sr. No. Features Capital Unit Gain New Family Gain
1 Allocation for First Year 95% of first premium 30% of first premium
2 Allocation for Second Year onwards 95% 97%
3 Death Benefit Sum Assured Or Fund Value Whichever Is More Sum Assured + Fund Value
4 Initial Mgmt. Charges 5% lived at the rate of on First Premium For 20 Years. No intial management Charges are Leived
5 Partial Withdrawal Partial Withdrawal is allowed after paying premium for 3 Years and completion of 3rd year.150% of the first year Premium should be Maintained to keep policy inforce. Partial Withdrawal is allowed after paying premium for 3 Years and completion of 3rd year.125% of the first year Premium should be Maintained to keep policy inforce.
6 Surrender Charges Applicable After 3 Years Not Applicable ( after 3 Years) value of the unit will be paid in case of surrender.
7 Fund Option Equity Growth Fund Is There Pure Stock fund & Equity index fund II.
8 Term 20 Years 10 to 20 Years As Per Choice
9 Sum assured 10 times of 1st year Premium 5Xannualised premium or ( 0.5*annualized premium*policy term) whichever is higher.

 
  
 
 
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