Astha
Takaful - DPS
Feature & Benefit
At the maturity of the policy, the sum assured and earned bonus will be paid to the policyholder.
The sum assured and earned bonus will be paid to the nominee.
After paying premium for at least two years, the policy can be converted to a lump sum assured.
The policy earns surrender value after paying premiums for at least two years.
1. Accidental Death Benefit
2. Permanent Disability and Accidental Benefit
3. Health Insurance
4. Critical illness
5. Waiver of premium
1. Death claims are exempt from income tax.
2. 5% tax is applicable at source on the excess of insurance claim amount excluding gross accumulated premium on maturity.
3. Income tax rebate will be available on vested premium while filing personal income tax return.