Eligibility and Features for Guaranteed Income Plans

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Eligibility

Guaranteed Income Plan is designed for salaried people who fall in the age bracket of 18-60 and policy term for them extends from 10 yrs to 30 yrs.

Features

  • It is a variant of Life Insurance plan that offers regular income for a specified term varying from 10-30 years.
  • Offers vested reversionary bonus along with terminal bonus, if any, at the time of maturity
  • Provides death benefits as well as maturity benefits
  • Provides tax-benefits
  • Policy term varies from 10-30 years

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