Why Should You Buy SUD Life Sanchay Plan?
Return of 160% of Premium Paid Spread Over 10 Years
Guaranteed Source of Future Income
Pocket-Friendly Premium Options
Hassle-Free Life Cover Issuance
No Medical Test Required
Buy SUD Life Sanchay in 4 Easy Steps
Make a Call Give us a call or request a callback from the customer support team.
Talk to Our Executive Speak to our friendly executive and get plan benefit details.
Customize Your Plan Select the required sum assured and pocket-friendly premium of your choice.
Start Your Investment Provide all the relevant information for plan purchase and start your investment.
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Frequently Asked Questions
What is the SUD Life Sanchay Plan?
SUD Life Sanchay is a non-linked, non-participating, endowment life insurance plan, perfect for all customers looking for secured investment. By investing in the plan, the customers can secure a supplementary source of future income at a cost-effective premium price.
What are the benefits of buying the SUD Life Sanchay Plan?
The benefits of investing in the SUD Life Sanchay Plan are
- Secure a supplement source of future income.
- Assured death benefit and maturity benefits.
- Choose to pay a premium between Rs. 6,000 to Rs. 1,50,000.
- Premium term and premium payment term of fixed 10 years.
- Get income tax benefits on the premium paid and benefits received.
- Issue a life cover without any hassle.
What are the returns under the SUD Life Sanchay Plan?
The SUD Life Sanchay Plan offers an attractive return of upto 160% of Annualized Premium at the end of each year during the Payout Period of 10 years.
What are the eligibility criteria for the SUD Life Sanchay Plan purchase?
The eligibility criteria for the SUD Life Sanchay Plan are mentioned below
- Entry age: 18-45 years
- Basic Sum Assured: Min. Rs. 96,000 to Max. Rs. 24,00,000
- Maturity Age: Min. 28 years to Max. 55 years
- Annualised Premium: Rs. 6,000 to Rs. 1,50,000
What premium payment modes are available under the SUD Life Sanchay Plan?
You can choose to pay the premiums on a yearly, half-yearly, quarterly or monthly basis as per your financial suitability.
Does the SUD Life Sanchay Policy offer a loan facility?
Yes, the customers can avail of loans from SUD Life Sanchay Policy. The loan amount can be up to 70% of the surrender value at the applicable interest rate the life insurance company decides.
What happens if I miss the SUD Life Sanchay Plan premium payment?
In case you miss a premium payment towards the SUD Life Sanchay Plan within the premium due date, a grace period of 30 days is provided for the Quarterly/ Half-yearly or Yearly Premium Payment mode and 15 days for the Monthly Premium Payment mode to pay the due premium. If you do not pay the premium before the grace period, the SUD Life Sanchay Plan lapses.
Can I revive my lapsed SUD Life Sanchay Plan?
Yes, you can revive the lapsed SUD Life Sanchay Plan within 5 years from the due date of the first unpaid premium. You need to do the following:
- Request the company in writing and provide proof of insurability of the policy.
- Pay all the outstanding premiums with prevailing interest that the company decides.
Where can I contact the customer support team?
For any query or concern, you can reach out to the RenewBuy customer support team at the toll-free number 18004197852 (9:30 AM to 6:00 PM) or drop a message at customersupport@renewbuy.com. We will provide you with suitable assistance as soon as possible.