Secure Life with " Secure Plus Plan "

SECURE PLUS PLAN :

As per my committment, in the series of to tell you and explain the top insurance plans which are offering by the Aditya birla sunlife insurance company ltd, today i will tell you all about one of the most demanded and best selling insurance plan " Secure Plus Plan ".

Secure Plus Plan is configured with the best contents along with the multipurpose requirements with the best time frame. The entry age, settllement of premiums, policy terms and payouts have been configured at it's best.

This is one of the best financial planing tool which not only enable us to make a systematic and strategic saving plan along with best life cover but also offering the best opportunity to get higher return with two payout options.

Entry Age :

Any applicant which has attend the age of minimum 5 year, is eligible to apply for this plan. The maximum age to apply for this plan is 50 year. It does mean if you are thinking about his child which just has attained the age of 5 year and you are planing to cover his first 18 years and further planing his career
than this is the best suitable to your child. Similarly other young and adult peoples can plan their financial goals according to their family and professional needs.
All the factors are linked to each others. So we  must study the premium paying terms and policy term after know the entry age criteria. Above the age 50, the applicant will be disqualified and will not be eligible to apply for this plan.

Premium Paying Terms :

   The premium paying term for this plan is 12 year. It does mean a policy holder has to pay the premium per year up to 12 years.
The first need to select the premium amount which has to pay per year up to twelve years according to our income and saving.

But in case of any misshappening during this period with the policy holder even he has paid three regular premiums, now not able to pay the premiums further due to permanent disability, the policy will be continue and it will not be lapse in such case. He will get all maturity benefits with out paying the further premiums.

POLICY TERM :

The policy term is that period till policy will be effective for the prescribed specific time. And the policy holder will be entitled to get all the life cover benefits till that period.

In the Secure Plus Plan the policy term is 13 years. It means the life cover benefits would be effective up to 13 years period. After the end of this duration the policy holder will not be able to claim for the life cover benefits. He will receive only the maturity benefits.

Maturity Benefits :

The secure plus plan is offering two payout options on the maturity stage of policy.
Plan A - Plan A is offering the payout per year as given below :

1st. Year                  :     100%
2nd. Year                 :      200%
3rd. Year                  :      300%
4th. Year                  :      400%
5th. Year                  :      500%
6th. Year                  :      600%

The payout is the percentage of the annual premium paid.

Payout Option B :
In option B the policy holder receives the 200% value of the annual premium per year up to next 12 years.

1st. Year            :          200%
2nd. Year           :          200%
3rd. Year            :          200%
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11th. Year           :         200%
12th. Year           :         200%

Suppose if the policy holder is paying the premium per year of Rs. 200000/- up to 12 years as the premium paying term is given. Next one year will be rest period. No premium has to pay now. From the 14th. year he will start to receive Rs. 400000/- per year up to next 12 years. His total investment was during the 12 years is 24 lac. Now his total return during the next 12 years is Rs. 48 lacs.

Tax Benefits :

Entire income received from this policy will be tax free income.

Hence this is the best backup support plan along with the life cover and maturity benefits. Other benefits are also insists in this plan.

For more details and information interested peoples can contact me for best support and right advise to select the right plan to setup and achieving your financial goals.

Thank You

Reetipraagya Singh
Aditya birla capital ltd
B-8, F-1, Model Town, Delhi
India.
Mob & whatsapp : +91-9821337127
Email : reetipraagya@gmail.com