Expiry Date
30-Dec-1899
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Your subscription will be extended from the date of expiry of your current subscription.
In case of any problems with your account expiry date please email to operationsteam@magicgyan.com
Plan No. 831
  • Best Gifting option for your loved ones.
  • Plan Available for :- 90 days max
  • Start Date:- 4th March 2015
  • A single premium plan which provides high level of death cover during the policy term.
  • Premium Discount is available for higher Maturity Sum Assured (MSA).
  • High Risk Cover during policy term
    • First 5 years - 10 x basic premium.
    • After 5 years - 10 x basic premium + Loyalty Addition (as applicable)
    • For life assured below 8 years age, risk cover will start age 8 years onward.
  • Guaranteed Maturity benefit (MSA) + Loyalty Addition (as applicable) will be paid after 12 years.
  • Loan is available any time during the policy term, after completion of 3 months.
  • The Back dating option can be used for aligning the guaranteed return with your financial goal.
  • Premium Paid is TAX EXEMPTED u/s 80 C.
  • Maturity Amount is TAX FREE u/s 10 (10) (D)
  • Free lookup period for 15 days.
Eligibility Criteria
Min. Max.
Age 6 years 50 years
Term 12 years
PPT 1
Sum Assured Rs.75,000 No Limit
Premium Modes Single premium