Star Union Dai-ichi Plans

Star Union Dai-ichi Life Insurance is a late entrant in the insurance market in India. The company was founded in 2009. This joint venture between Dai-ichi Life Holdings, Bank of India, and Union Bank of India became popular in the last eleven years to attract more than 9.2 million customers. Under its massive array of insurance plans, Star Union Dai-ichi Life Insurance offers two term insurance plans or protection plans. The term insurance plans offered help the policyholder secure their loved ones financially in their absence.

Star Union Dai-ichi Term Insurance Plans

Star Union Dai-ichi Life Insurance offers two term insurance plans, namely:

• Star Union Dai-ichi Abhay Term Insurance Plan: Star Union Dai-ichi Life Insurance offers a unique term insurance product in Star Union Dai-ichi Abhay. Though it is a term insurance plan, it provides three excellent pay-out options. The options include, life cover, life cover with return of premiums, and additional riders like accidental death and permanent disability. The USP of this term insurance product is that it offers an option for the insurance holder to choose life cover with the return of premiums. However, the premium under such circumstances would be different when compared to the regular term insurance policy. You have the option to add individual riders that provide cover for accidental death or permanent disability due to an accident. This rider also comes at a cost.
  
  
• Star Union Dai-ichi Saral Jeevan Bima Plan: Star Union Dai-ichi Saral Jeevan Bima Plan offers long term insurance protection to your loved ones. SUD Life Saral Jeevan Bima is a non-linked, non-participating, individual pure risk premium life insurance plan. A reliable protection plan that helps your loved ones stay financially safe even when you are not there, SUD Life Saral Jeevan Bima that offers protection for your family in case of an unfortunate death. This plan is a standard, individual term life insurance product, with simple features and easy to understand terms and conditions.