Star Union Dai ichi Money Back Plan Review
Star Union Dai ichi Money Back Plan is offered by the SUD Life Insurance Company. Money Back Plan means the insured gets a percentage of sum assured at regular period of intervals. Some of the plans offer the bulge sum amount at the end of the policy term. This SUD Guaranteed Money Back Plan also provides the maturity sum assured, on the death of insured. This SUD Life Money Back Plan offers the money for important/special occasions such as starting a business, a family vacation, even owning that dream house, saving for your children’s education, developing their career, and planning for their wedding. It is an endowment plan that has a benefit of liquidity. So, buy this Star Union Dai ichi Money Back Plan to avail benefits.
There is an advantage of choosing your premium. The premium will be calculated based on the Age, Premium Payment Mode, Policy Term, Basic Sum Assured.
SUD Life Guaranteed Money Back Plan is a Traditional Money Back Plan and also a Protection with Savings Plan. It is a limited premium payment. Every year, it gives guaranteed additions on maturity. On the death of insured, the nominee will get the sum assured and other guaranteed additional benefits. The policyholder can also save tax as per the premiums paid and the income received in installments are extant tax laws. For information about Tax on Insurance Polices refer www.taxqueries.in.
SUD Life Insurance Money Back Plan Eligibility Criteria
The customers who wanted to buy this policy should know the eligibility criteria. These details are very useful for the customers to know the entry age, sum assured, policy terms, coverage term, and other details of SUD Money Back Plan. The following table provides brief details regarding the Star Union Dai ichi Money Back Plan.
| Minimum Entry Age of Life Assured | 13 years. |
| Maximum Entry Age of Life Assured | 50 years. |
| Policy Term | 10, 15, 20 years. |
| Premium Paying Term | 10 years. |
| Mode of Premium Payment | Monthly, Quarterly, half-yearly, yearly.
Monthly is allowed through SI/ECS only. |
| Maximum Age at Maturity of the Life Assured | For 10 years Policy Term, the age is 60 years.
For 15 years Policy Term, the age is 65 years. For 20 years Policy Term, the age is 70 years. |
| Sum Assured | Minimum: Rs. 3,00,000/-.
Maximum: Rs. 10,00,00,000/- or Rs. 1 Crore. |
SUD Life Guaranteed Money Back Policy Details
To overcome the unforeseen future circumstances, SUD provides the maximum guarantee to your family members life without any complications. It gives financial security to your child’s education, starting any new business and for any other Plannings if you are in financially low at some conditions. This SUD Life Insurance Guaranteed Money Back Plan is a traditional money back plan. Star Union Dai ichi Money Back Plan offers the excellent salient features and benefits for the insurer. Following are the features and advantages of the SUD Money Back Plan.
SUD Money Back Features
- For every year, five years guaranteed money back of 200% of annualized premium.
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Every year, the guaranteed additions of up to 6% of annualized premium.
- High Sum Assured Rebate is applicable.
- At the end of the policy term, the guaranteed lump sum will be given to the policyholder.
- Financial support will be paid to your family in case of any unfortunate loss of life.
SUD Life Money Back Benefits
Survival Benefit
Star Union Dai ichi Money Back Plan provides the 200% of annualized premium that will be paid on survival up to the policy anniversaries. Depend on the policy term, the survival benefits were varies.
| Policy Term (in years) | Policy Anniversaries |
| 10 | 5th |
| 15 | 5th, 10th |
| 20 | 5th, 10th, 15th |
Maturity Benefit
At the end of the policy term, the insured will get the basic Sum Assured along with Guaranteed Additional benefits.
Death Benefit
The nominee will receive the sum assured with guaranteed additions for the premiums paid. After this, the policy will be terminated.
SUD Insurance Guaranteed Money Back Plan Forms
SUD Money Back Plan requires the Proposal Form while buying the Star Union Dai ichi Life Insurance Money Back Policy Offline. The customers may know the details using the product Boucher, policy document, etc. Required forms and documents to know the full details of Star Union Dai ichi Money Back Plan are available below.
SUD Life Guaranteed Money Back Plan Brochure.
SUD Life Guaranteed Money Back Policy Document.
Star Union Dai-ichi Guaranteed Money Back Plan Premium Rates.
SUD Life Contact Details
For any queries call to the SUD Life Insurance Customer care. (Or) Visit the nearest branch of SUD Life Insurance.
Contact Details
The Toll-Free Numbers are 1800 200 8833, 022 39546 300, 022 39546 200.
The official website of SUD Life Insurance is www.sudlife.in.
SUD Life Insurance mail id is customercare@sudlife.in.
Star Union Dai ichi Money Back Plan Related Posts
Here we are providing related posts of the Star Union Dai ichi Money Back Plan. Click the below links, if you want to know the details about the Online Payment, Recruitment, Claim Forms, Policy Status, Login.