Skip Navigation Links Home > Products > Individual Products > Retirement Plans > SUD Life Assured Income Plan

SUD Life Assured Income Plan

​​​​​​​As we progress in our lives, our responsibilities grow, and so do our expenses. To take care of these growing needs, Star Union Dai-ichi Life Insurance presents to you- SUD Life Assured Income Plan. This life insurance endowment plan allows you to choose a guaranteed tax free supplementary income for future, while ensuring a strong financial protection for your family in case of uncertainties.

For more details please refer brochure in downloads s​ection.​

Guaranteed tax free^ annual income in future to meet your growing needs

Get all your premiums back* at the end of policy term

Immediate lump sum as well as regular income to the family in case of uncertainties

Income tax benefits are as per Section 80C and Section 10(10D) of the 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.

* Excluding GST and extra premium, if any.

Basic Sum Assured

Minimum Annual Payout: Rs. 24,000
Maximum Annual Payout: Rs. 50,00,000

Premium Payment Term: Premium Paying Term Options of 10 or 15 Years

Policy Term:Policy Term of 20 to 35 Years​​

Premium Payment modes

You can pay your premium Monthly/ Quarterly/ Half-Yearly / Yearly based on your income flow. ​

Maturity Benefit:

Maturity Benefit= Return of all premiums*
*Excluding GST and extra premium, if any

Deferement Period: Deferment period: 0 or 5 years

Death Benefit:​

Death during PPT and Deferment PeriodDeath during Payout Period
Death Sum Assured + Additional Annual Payout + Scheduled Annual PayoutDeath Sum Assured + Schedule Annual Payout

Age at entry- Life Assured: 8 – 55 years ( age last birthday )

Maximum age at maturity- Life Assured: 75 years ( age last birthday )

​  Facebook Twitter LinkedIn  

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.

This site is best viewed in IE 8.0 and above and in 1024x768 monitor resolution.

Trademark used under license from the respective owners.

© Star Union Dai-ichi Life Insurance Company Limited. All rights reserved.