Star Union Dai-ichi Assured Income Plan – The Star Union Dai-Ichi Life Assured Income Plan is a fantastic insurance policy that lets you make a lot of money in a short amount of time. With the help of this plan, you can meet the needs you have now and in the future. For a financially secure lifestyle, you can earn additional income in addition to your monthly salary. policyholders of the Star Union Dai-ichi Assured Income Plan receive financial security and protection for the long term. The policyholders or their beneficiaries regularly receive tax-free guaranteed annual income, and the benefits in general contribute to the policyholders’ sense of security.
Looking to retire comfortably and have enough money left over to enjoy your golden years? Then you need to consider the Star Union Dai-ichi Assured Income Plan 2024. This retirement plan offers retirees a guaranteed income for the rest of their lives, no matter what happens in the stock market. Plus, there are no penalties or taxes associated with this plan, so you can rest assured that your income will be consistent and reliable. So what are you waiting for? Sign up today and start building your retirement fund!
Star Union Dai-ichi Assured Income Plan 2024
With this plan, you won’t have to pay taxes on the money you make each year! With this arrangement, you and your relatives can be protected as the arrangement will give you broad life cover. Your dependents will receive the protection they need to effectively manage all of their financial needs in the event of a sudden calamity, such as death or permanent disability. After a mishap, they won’t have to give up on their dreams and goals because they don’t have enough money.
If you’re looking for a long-term financial solution, the Star Union Dai-ichi Assured Income Plan 2024 may be the right choice for you. This plan provides you with consistent and reliable income, while also protecting you from unforeseen financial difficulties. Plus, it’s backed by a team of experts who are dedicated to helping you achieve your financial goals. so why wait? Contact us today to learn more!
Star Union Dai-ichi Assured Income Plan 2024 Details
| Name Of Article | Star Union Dai-ichi Assured Income Plan 2024 |
| Star Union Dai-ichi Assured Income Plan 2024 | Click Here |
| Category | Insurance |
| Official Website | Click Also |
Eligibility: Who is the target market for the Star Union Dai-Ichi Life Assured Income Plan?
In most cases, insurance companies require applicants to satisfy a number of eligibility requirements, such as age. To receive the Star Union Dai-Ichi Life Assured Income Plan’s benefits, you must meet the following requirements:
| Minimum age at entry | 8 years |
| Maximum age at entry | 55 years |
| Minimum age at maturity | Information not provided |
| Maximum age at maturity | 75 years |
Sum Assured and Premium Range What you get and what it costs?
Are you looking for a sum assured or premium range policy? Do you want to know what you’re getting and what it costs? In this blog post, we will outline the differences between these two types of policies, and explain which one is right for you.
At a reasonable cost, the Star Union Dai-Ichi Life Assured Income Scheme provides an impressive sum assured. The plan provides a lump sum immediately following the insured’s death or permanent disability.
| Minimum annual payout | Rs.24,000 |
| Maximum annual payout | Rs.50,00,000 |
| Payout period | 10, 15, 20, or 25 years |
| Premium payment mode | Once a year, once in 6 months, once in 3 months, and once a month |
| Premium payment term | 10 years or 15 years |
| Premium | This will depend on the entry age of the policyholder and policy period. |
| Deferment period | 0 or 5 years |
What the Star Union Dai-Ichi Life Assured Income Plan covers?
When you’re looking to make a permanent retirement plan, the Star Union Dai-Ichi Life Assured Income Plan should be at the top of your list. This plan covers a wide range of benefits, from medical insurance to life insurance. Plus, you’ll be able to take advantage of a number of savings and investment options that will help you build your retirement fund. In this article, we’ll provide you with all the information you need to decide whether this plan is right for you. So read on to find out more!
At a reasonable cost, the Star Union Dai-Ichi Life Assured Income Plan provides an impressive sum assured. The plan provides a lump sum immediately following the insured’s death or permanent disability.
| Type of benefit | Features of the benefit |
| Guaranteed annual payout: Survival benefit or annual payout | Depending on your deferment period, your annual payout will begin when your premium payment period or deferment period ends. If the policy is in effect, this plan will guarantee your annual payout. |
| Guaranteed benefit after maturity of policy: Maturity benefit | The policyholder will receive the guaranteed maturity benefit if the insured lives to the end of the policy period and all premiums are paid on time. One will receive a guaranteed maturity benefit equal to ten times the annualized premium for a ten-year premium-paying term. As a guaranteed maturity benefit, you will receive 15 times your annualized premium for a 15-year premium-paying term. |
| Death benefit | Either a death benefit in the form of a lump sum or a death sum assured, or the nominee will receive scheduled annual payouts over a period of 10, 15, 20, or 25 years, or the nominee will receive additional annual payouts. From the policy anniversary following the primary income earner’s death until the beginning of the scheduled annual payouts, this payment period will begin. Riders/Add-On Plans – Additional coverage under the Star Union Dai-Ichi Life Assured Income Plan |
There are currently no riders for this plan. You will be able to add the SUD Life Accidental Death and Total and Permanent Disability Benefit Rider – Traditional rider to this insurance plan once it is added.
Exclusions: What is not covered by the Star Union Dai-Ichi Life Assured Income scheme?
The coverage provided by this plan will be void if the policyholder takes their own life within one year of the beginning of the risk covered by this policy. Only 80% of the premiums paid up until the policyholder’s death will be paid to the nominee. The nominee will receive the surrender value, or 80% of the premiums paid up to the date of death, in the event that the policyholder takes their own life within one year of the policy’s renewal.
Other Key Features Free-look Period, Surrender Values, Grace Period, etc.
If you’re a property investor, you’ll know that there are a lot of important factors to take into account when purchasing or selling a property. One of the key features you’ll want to be familiar with is the free-look period. What is it, and what are the benefits? In this post, we’ll explains everything you need to know about free-look periods, and help you decide if they’re right for you.
In addition to the main advantages of the Star Union Dai-Ichi Life Assured Income scheme, you can take advantage of great features that will help you get great returns.
| Grace period | You have a 30-day grace period to make up the difference if you don’t pay your premiums by the due date. |
| Survival benefit | You will receive a survival benefit with a lower paid-up amount if you finish paying all premiums and survive the policy period. |
| Free-look period | Under this plan, you will have 15 days to review the terms and features of your policy. You will have access to a 30-day trial period if you purchase the plan through remote marketing. You have 30 days to return your policy if you are dissatisfied with the terms. |
| Policy revival | After two years have passed since the first unpaid premium, your expired insurance policy can be reinstated or revived. Sending the company a request for revival or reinstatement is one way to accomplish this. |
| Assignment | You can assign under this plan in accordance with Section 38 of the Insurance Act of 1938. |
| Nomination | Section 39 of the Insurance Act of 1938 states that you can designate another individual to receive benefits from your policy. |
Additional advantages: How to save money with the Star Union Dai-Ichi Life Assured Income scheme
- Your expired insurance policy can be renewed online.
- This plan’s grievance resolution procedure is very user-friendly and straightforward.
- Premiums can be paid in person or online.
- Simply fill out the form on this company’s website to request a meeting with a life insurance advisor.
- On the company’s official website, you can see the fund NAV for your plan.
Why should you purchase the Star Union Dai-Ichi Life Insurance Assured Income scheme?
Today, many people are looking for life insurance that provides them with some form of assured income. That’s why the Star Union Dai-Ichi Life Insurance Assured Income scheme is such a great option. It offers policyholders a fixed monthly income, regardless of how long they live. Plus, the scheme is extremely affordable – you won’t have to spend a fortune to get the protection you need. If you’re interested in learning more about this life insurance option, read on for more information.
Star Union Dai-Ichi Life Insurance is a well-known life insurance company that is committed to providing solutions of the highest possible quality. You can rely on this organization to quickly settle your claims. Take advantage of Star Union Dai-Ichi Life Insurance’s Assured Income scheme for excellent support if you want your loved ones to be financially secure. This plan will provide you with affordable savings and good life insurance.
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