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SUD Life Wealth Creator

​​​​SUD Life Wealth Creator is a Unit Linked life insurance plan that gives life cover along with an opportunity to create wealth in a way you wish. A plan where the investments are made as per your changing risk appetite.

For more details please refer brochure in downloads section.​

​Two unique investment strategies & multiple fund options

​Get extra allocation# of 1 %

​Flexibility to change premium payment term

Avail Fund Switch & Partial withdrawal facility

Return of Mortality charges

​Avail Tax Benefits^

​#Extra allocation of 1% of one annualized premium from 11th policy year.​
^Income tax benefits as per section 80C and 10(10D) of Income Tax Act,1961. Tax benefits are as per prevailing tax laws and subject to change from time to time.

Maturity Benefit:

The Fund Value as on Maturity Date will be paid to the policyholder, provided the policy is in-force.​

Death Benefit:

If all due premiums are paid, then in case of unfortunate death of the Life Assured during the policy term, the death benefit payable will be:​

Highest of:​
Sum Assured under the Base Plan less relevant partial withdrawals# ​OR
Fund value under the Base Plan as on the date of intimation of death of the Life Assured, OR
105% of total base premiums paid

#The Sum Assured shall be reduced to the extent of the partial withdrawals made during the two-year period immediately                       preceding the death of the life assured.​

​​​​​        ​Return of Mortality Charges (RoMC)​​​

At the end of the policy term, on the maturity date, the total amount of mortality charges deducted in respect of life cover provided throughout the policy term, will be added back as RoMC, to the Regular Premium Fund Value.​​
RoMC is not applicable in case of a Surrendered, Discontinued or Paid-up policy and will be payable provided all due Regular Premiums under the policy have been paid up to date.​
RoMC will be excluding any extra mortality charge & or GST / any other applicable tax levied on the mortality charge deducted​.​​

​​​​​        ​Extra Allocation​

From 11th policy year onwards, 1% of one annualized premium, as Extra Allocation will be added to the fund(s) along with each premium paid within the grace period. If the Premium is paid after the Grace Period, the respective Extra Allocation will not be added to the fund.
Min Entry Age​8 years (age last birthday)​
Max Entry Age​​55 years ​(age last birthday)
Premium Payment Term​5 Pay​7 Pay​10 PayReg Pay​
​Policy Term​10-30 years​10-30 years​15-30 years​10-30 years​
Min Annualized Premium​Rs. 1,50,000​Rs. 1,00,000​Rs. 60,000​Rs. 60,000​
​Max Annualized Premium​​Rs. 100 Crores (subject to board approved underwriting guidelines)​
To Buy a New Policy
Mandatory Fields
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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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