AI Plan Summary*
Instant synthesis of official IRDAI public disclosures & underwriting wordings.
Terminal Illness Built-in
Provides 100% payout up to ₹1 Crore on diagnosis of a terminal illness with life expectancy <6 months.
Disability Premium Waiver
All future policy premiums are waived off if the policyholder suffers total permanent disability, keeping life cover 100% active.
12-Month Premium Delay
Pause or delay premium payments for 12 months during financial transitions, career breaks, or maternity.
Coverage & Payout Options
Death benefit options, terminal illness 100% payout, and entry terms.
Lump Sum, 10-Yr Regular Monthly Income, or Increasing Monthly Income (10% hike/yr)
100% Sum Assured paid immediately upon medical certification of life expectancy < 6 months at zero extra premium
Option to add +50% cover on marriage and +25% on birth of children without fresh medical underwriting
Tax deduction up to ₹1.5 Lakh/yr under Section 80C + 100% Tax-Free death benefit for nominee under Section 10(10D)
Riders & Add-on Benefits
Critical illness protection, accidental covers, and premium waivers.
Riders available upon consultation with advisor.
Claim Settlement Track Record
Official IRDAI public disclosures on claim settlement metrics.
22,840 Claims.
Express claim payout within 1 business day for eligible policies.
Well above the mandatory IRDAI minimum threshold of 1.50.
Exclusions
Standard non-payable clauses per IRDAI term regulations.
Summary
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