SUD,Life
21 Feb 2024 17:05:10
Introducing, SUD Life Sampoorna Loan Suraksha Plus, a life insurance plan which offers complete financial security for your loan liabilities in case of uncertainties*
4 distinct advantages:
Choose between reducing cover or level cover
Joint life discount of 5%
Single premium payment plan with 5 different benefit options
Entry age starts from 14-70 years*
*As per benefit options and coverage type chosen. Age last birthday. ^Applicable if each borrower is covered for entire loan amount.
SUD Life Sampoorna Loan Suraksha Plus is a Non-Linked Non-Participating Single Premium Group Credit Life Insurance Plan, which is especially designed to cater to the needs of all loan borrowers of (employer-employee group or non employer-employee group) Banks, Financial Institutions
and Non-Banking Financial Institutions such as home loan, education loan, vehicle loan, personal and other loans. It is an economical way of ensuring that the loan amount is protected. This life insurance plan gives you peace of mind by paying the outstanding loan amount in case of death,disability, critical illness of insured member.
The plan is offered through a Group Insurance Policy issued to the lending institution and
borrowers of the institution are enrolled under the Group Insurance Policy as Individual Insured
Members.
| Choose between reducing cover or level cover |
Joint life discount of 5% |
| Single premium payment plan with 5 different benefit options |
Entry age starts from 14-70 years* |
*As per benefit options and coverage type chosen. Age last birthday. ^Applicable if each borrower is covered for entire loan amount.
SUD Life Sampoorna Loan Suraksha Plus is a Non-Linked Non-Participating Single Premium Group Credit Life Insurance Plan, which is especially designed to cater to the needs of all loan borrowers of (employer-employee group or non employer-employee group) Banks, Financial Institutions
and Non-Banking Financial Institutions such as home loan, education loan, vehicle loan, personal and other loans. It is an economical way of ensuring that the loan amount is protected. This life insurance plan gives you peace of mind by paying the outstanding loan amount in case of death,disability, critical illness of insured member.
The plan is offered through a Group Insurance Policy issued to the lending institution and
borrowers of the institution are enrolled under the Group Insurance Policy as Individual Insured
Members.