AI Plan Summary*
Instant synthesis of official IRDAI public disclosures & underwriting wordings.
Terminal Illness Built-in
Provides 100% accelerated payout up to ₹1 Crore on diagnosis of a terminal illness with life expectancy <6 months.
Smart Exit Benefit
Option to exit the policy at age 60 and get 100% of all paid premiums back, without paying extra for ROP variants.
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 accelerator, 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 (NL-37) on claim settlement metrics.
Percentage of individual death claims honored (IRDAI Annual Report).
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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