BSE-NSE-web Portlet

Smart Growth Plan

  • Features
  • Eligibility Criteria

Life Protection with Market linked returns - Life cover to support your family’s financial requirement in times of need along with opportunity to build a corpus through market linked returns.

Choice of regular and limited premium paying terms - You have the flexibility to pay premiums for a limited period or till the end of policy term.

Flexibility to manage your investment based on your risk appetite - You can stay in complete control of your investments with the flexibility to choose from 6 investment fund offerings that allow you to invest your money as per your risk-return appetite.

Boost your fund value with Loyalty Additions as a reward for staying committed for a longer term.

Get tax benefits of Sec 80C and Sec 10(10D)

  1. Deduction under section 80C: The premiums that you pay may be eligible for deduction under section 80C of the Income Tax Act, 1961. For the Financial Year 2018 – 19 deductions can be claimed under Section 80CCE up to Rs. 1,50,000 for the total payments, contributions made under Sections 80C, 80CCC and 80CCD.

  2. Tax-free benefits under section 10(10D): The benefits received under the plan are exempted from Income Tax under section 10(10D) of the Income Tax Act, 1961.

Note :- You are advised to consult your tax advisor for details. Please note that tax laws may change from time to time.




Age at entry 1 month# Option 1 - Prime – 55 years
Option 2 - Plus – 45 years
Age at maturity 18 years Option 1 - Prime – 70 years
Option 2 - Plus – 60 years
Policy Term 10 / 15 / 20 / 25 years
Premium Paying Term (PPT) Policy Term 10 & 15 - 5 years
For all Policy Terms - 10/15/20 years
Premium amount PPT 5 years - Rs. 50,000 annually
PPT 10 /15 /20 years – Rs. 35,000 annually
No Limit
Premium Payment Frequency Annual

All ages are as per last birthday

#Only Parent or Legal guardian can be the Policy holder, in case where Life Assured is a minor