1For 2 consecutive claim-free years by using No Claim Bonus & No Claim Bonus Super (optional cover). Incremental increase every year is applicable on base Sum Insured. If a claim is made in any particular year, accrued No Claim Bonus & Claim Bonus Super will be reduced at the same rate at which it is accrued. No Claim Bonus Super is an optional cover available on payment of additional premium.
^Additional benefit is a percentage of the Annualized Premium & is added to the Guaranteed additions. Additional Benefit for Single Premium policies will be 0.5%.
**Guaranteed Benefits shown for entry age 35 years, under Income + Lumpsum option, Premium payment term 10 years with Policy term 20 years & Annualized Premium of Rs. 1 lakh, where Annualized Premium shall be the premium payable in a year chosen by the policyholder, excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any.
***The Annuity rates are subject to changes. Annuity amount is calculated at 55 years of age, for a Male Life on 10 Lacs Purchase Price for Life Annuity Return of Purchase Price option, Annuity amount would vary as per age.