Birla Sun Life Future Guard Term Plan

Benefits of Birla Sun Life Future Guard Term Plan

1. Flexible policy tenure: Choose from 10 to 35 years to match your financial planning horizon.
2. Wide eligibility age: Entry age between 18 and 55 years; maturity age up to 75 years.
3. Sum assured: Minimum ₹50 lakh, with no upper limit, allowing you to secure your family adequately.
4. Premium payment: Available in annual, half-yearly, quarterly, or monthly modes with a regular premium paying term.
5. Lump sum or installment payout: Option to have the death benefit paid as a lump sum or in equal installments over a chosen tenure, providing liquidity and financial planning flexibility to beneficiaries.
6. Lower premiums for healthy lifestyle: Enjoy discounts if you are a non-smoker and maintain good health.
7. Free look period: 30 days to review and cancel the policy if unsatisfied, with a full premium refund after deductions.
8. Tax benefits: Receive tax deductions under Section 80C for premiums paid and tax-free death benefits under Section 10(10D) of the Income Tax Act, 1961.
9. Online buying: Purchase the policy online with minimal paperwork in three simple steps from the comfort of your home.

Features of Birla Sun Life Future Guard Term Plan

1. Optional Riders: Enhance your coverage with additional riders such as Critical Illness Rider, Accidental Death Benefit Rider, and Waiver of Premium Rider (check availability and terms).
2. Claim Settlement: High claim settlement ratio ensures your family gets financial support when needed most.
3. Renewal Benefits: Enjoy the option to renew the policy up to age 75 without health check-ups (subject to terms).
4. Multiple Payout Options: Customize the payout frequency and method to fit your nominee's needs.