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All You Need To Know

ELIGIBILITY

Parameters Single/Joint Life Minimum Maximum
Age at entry
(last birthday)
Single Life 0 years2 40 years
Joint Life 18 years 803 years
Age at maturity
(last birthday)
Single Life 18 years 50 years
Joint Life 28 years 90 years6
Single Premium (SP) For both Joint and Single Life Rs.25,0004 No limit, subject to underwriting5
Policy Term Single Life 10 years 50 minus Age at Entry
Joint Life 90 minus Age at Entry6
Sum Assured Single Life 1.25 x Single Premium 10 x Single Premium
Sum Assured​​​​​​​7 Joint Life 10 x Single Premium