Saving And Investment Plans
MahaLife Magic
Synopsis:
fjrigjwwe9r3SDPrivInsuProd:Synopsis
This is a limited premium paying Non-Linked Participating Endowment Assurance Plan. This is a unique saving plan in which you pay for a short period and stand to gain by maximizing the growth of your money.
Features:
fjrigjwwe9r3SDPrivInsuProd:Features
- Pay for just 9 years and receive a lump sum amount at maturity
- Bonuses to augment your maturity amount
- Potential for upside with the bonus components
- Protection against uncertainties of life for the entire policy term
- Option to enhance protection through rider
- Tax Benefits available under Section 80C and 10 (10D) of the Income-Tax Act, 1961
Eligibility:
fjrigjwwe9r3SDPrivInsuProd:Eligibility
Min entry age
|
12 years
|
Max entry age
|
55 years
|
Max maturity age
|
73 years
|
Policy Term
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18 years
|
Premium Payment Term
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9 years
|