Star Union Dai ichi Term Insurance Review
Star Union Dai ichi Term Insurance is a plan offered by the Star Union Dai ichi Life Insurance Company. Star Union Life Insurance Term Plan is designed for the group. The Group Term Plans of SUD cover the life of groups of people. It provides a profusion of features and benefits with its term plan that is meant to provide a good ray of hope, a financial umbrella, for your family after your unexpected death. The SUD Life Insurance Term Plan makes your presence to your family even after your death. The plan stops if the Insured Live longer than the term Insurance. There is no maturity benefit for the insured. There is a renewable option for this term plan, but it depends on the plan opted by the insured. It is a simple plan that policy benefits are given to the nominee chosen by the insured. Star Union Dai ichi Term Insurance covers the rider benefits also.
Along with SUD Term Insurance Plan, Star Union Dai ichi Life Insurance offers the Group products such as Credit Life Plans, Group Accidental Benefit Rider, Retirement plans, withdrawn products. Group Products can be as diverse as account holders of a bank or depositors, members of a cooperative society or even an association, employees of an organization. Group life insurance is a cost effective way securing peace of mind for insured and their family members.
Star Union Dai ichi Term Insurance Policy Details
Star Union Dai ichi Life Insurance provides various benefits for the SUD Term Insurance Policy. The benefits are for the insured person and to their family members or for the nominee chosen by the insured. Following are the Star Union Dai ichi Term Insurance Policy benefits.
SUD Term Insurance Benefits
The Star Union Dai ichi Term Insurance benefits are
- Death Benefit.
- Maturity Benefit.
- Tax Benefit.
Death Benefit: If the insured had died within the policy period, then the sum assured will be payable to their family members or nominee chosen by the policyholder.
Maturity Benefit: No maturity benefit applicable to this term insurance plan.
Tax Benefit: You can get tax benefit on Star Union Dai ichi Term Insurance plan for premiums paid under Section 10(10D) as per IT (Income Tax) Act for the death benefit received by the insured family members. For more information regarding Tax Benefits, visit www.taxqueries.in.
SUD Life Insurance Term Plans
SUD Life Insurance Company provides the best and all types of Star Union Dai ichi Term Insurance Plans. They give the additional coverages, benefits and other details in the SUD Term Insurance Policies. The benefits are covered as per the plan opted. So please refer the Star Union Dai ichi Term Insurance Plans which are given below.
List of Star Union Dai ichi Term Insurance Plans
- Group Term Insurance Scheme in lieu of EDLI.
- Group Term Insurance Plus.
- Pradhan Mantri Jeevan Jyoti Bima Yojana.
Overview of SUD Term Insurance Plans
Below, we are giving the brief details about each and every Star Union Dai ichi Term Insurance Plan.
SUD Life Group Term Insurance Scheme in lieu of EDLI is a plan only for the employees that covers under the employee provident fund. This plan is also for the business people. The main advantage for the employees through this plan is there is no need to pay the premium. The minimum age to take this policy is 18 years. The Sum assured is from the range of Rs. 1,32,000 lacs to Rs. 10,00,000 lacs. For more benefits and coverages of this plan, refer the below link.
SUD Life Group Term Insurance Scheme in lieu of EDLI
SUD Life Group Term Insurance Plus is a plan that gives the financial protection to the insured when the rates are more competitive. This policy is taken from the age of 18 to 79 years for all employee groups. For non-employee groups, the maximum age is 64 years. The minimum size of employee group is 10 members. Otherwise 50 members for a non-employee group. For more information regarding this plan, click the below link.
SUD Life Group Term Insurance Plus
SUD Pradhan Mantri Jeevan Jyoti Bima Yojana is a plan that gives the life cover of Rs. 2 Lakhs to your family. This plan is for the members who have savings account in banks. The affordable premium per annum is Rs. 330. This policy is taken from the age of 18 to 55 years. The maximum maturity age is 55 years. For more information about this plan, click the below link.
SUD Pradhan Mantri Jeevan Jyoti Bima Yojana Plan
Star Union Dai ichi Life Insurance Contact Details
For any queries call to the Star Union Dai ichi Life Insurance Customer care. (Or) Visit the nearest branch of SUD Life Insurance.
The Toll-Free Numbers are 1800 200 8833, 022 39546 300, 022 39546 200.
The official website of Star Union Dai ichi Life Insurance is www.sudlife.in.
SUD Life Insurance mail id is email@example.com.
Corporate Office Address
Star Union Dai ichi Life Insurance Company Limited,
11th and 16th Floor,
IT park, Sector 30 A,
Opp. Vashi Railway Station,
Navi Mumbai -400703.
SUD Life Insurance Related Posts
Here, we are providing the related posts of the SUD Life Insurance. Click the below links, if you want to know the details about the Star Union Dai ichi Insurance Login, SUD Life Insurance Online Renewal, SUD Term Insurance Online Payment, Star Union Dai ichi Term Insurance Claim Procedure and Claim Forms, and SUD Life Insurance Recruitment.