SUD Life Group Term Insurance Plus is an annually renewable group term assurance plan that helps you to provide life cover to your group members in a cost-effective way and secure their peace of mind
*Premiums paid by the master policyholder are tax deductible as business expense (section 37 of Income Tax Act, 1961) and are not taxable as a perquisite in the hands of the member. Premiums paid by the insured members are eligible for tax rebates (section 80C of the Income Tax Act, 1961) and benefits are exempted from income-tax in the hands of beneficiaries (section 10(10D) of Income Tax Act, 1961). Tax benefits are subject to change in tax laws from time to time. Prevailing benefits would be applicable as per the prevailing laws. Please consult your tax advisor for details.
* subject to Board approved underwriting policy.
# Subject to provisions of the Employees’ Deposit Linked Insurance Scheme, 1976
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Registered with IRDAI as Life Insurance Company, Registration No. 142.
Registered Office : 11th Floor, Vishwaroop I.T . Park, Plot No. 34, 35 & 38, Sector: 30A of IIP, Vashi, Navi Mumbai – 400 703.
Telephone No.: 022-71966200, Fax No.: 39472811, CIN No: U66010MH2007PLC174472.
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