This life insurance company aims at providing and making awareness of insurance to the rural and weaker social sectors of India.
Various products offered by Star Union Dai-ichi Life Insurance Co. Ltd.
Traditional Products - Currently available products to purchase
1. Jeevan Safar: A combination of endowment and whole life plan, which also gives benefits of death and survival to the policyholder.
2. Defined Benefit Endowment Plan – It offers an opportunity to build up future income streams to meet the multiple purposes, either planned or contingencies.
3. Instant Endowment Plan - This plan has been kept simple, particularly keeping in mind today’s fast pace life.
4. Pure Term Assurance Plan - This is a Term Insurance Plan, with sum assured ranging from Rs 500000 to Rs 24, 99,000. Individuals in age group of 18 to 60 years can avail this policy with the term ranging from 5 to 25 years.
5. Premier Protection Plan - This plan is particularly designed for companies for KMI/ Partnership and H.N.I’s, who desire higher security for their future.
Traditional Products - Old products not available for fresh purchase
1. Prabhat Tara : Is a Unit Linked
Children Plan. This plan is a risk cover policy, where in an unforeseen event of the parent’s death the child's future is secured.
2. Dhan Suraksha : A death benefit and maturity benefit is added to this unit linked endowment plan.
3. Dhan Suraksha Premium: Is a unit linked endowment plan which also provides death and maturity benefit.
Unit Linked Insurance Plans - Currently available products to purchase
1. Dhan Suraksha 3- ULIP Endowment Plan - This is a Unit Linked Endowment insurance plan which provides Death benefit when death occurs within the term of the policy, maturity benefit if the policy holder survives the term of the policy.
2. Dhan Suraksha Premium 3 - This policy comes with 2 riders which provide cover against accidental death or permanent disability and cover against critical diseases
Annuity Products - Currently available products to purchase
1. Immediate Annuity: Is a plan where a number of payments known as annuities are paid in return of a lump sum called purchase price.
Annuity Products - Old products not available for fresh purchase
1. Dhruv Tara : A deferred unit linked annuity plan where in the policyholder at present makes payment towards the policy and receives a pension after the deferred period.
Group plans - Currently available products to purchase
Term Assurance Products:
1. Bachat Kavach : A group term deposit linked insurance plan.
Credit Cover -
1. Ashiana Suraksha : A group decreasing
Term Insurance Plan.
2. Shiksha Suraksha - Shiksha Suraksha is a group life insurance term plan which caters to the needs of education loan borrowers.
Riders - Currently available products to purchase
1. Group Critical Illness - The group critical illness rider is a type of add on benefit which can be used to customize your policy as per your choice.
2. Group Accident Death and Dismemberment Benefit Rider - You can get the maximum accidental and dismemberment cover of up to Rs. 50 lakhs by opting for the accidental benefit rider over and above the base policy and become eligible for additional coverage benefits.
Registered Office :
Star House 3rd Floor,
(West wing), C-5, ‘G’ Block,
Bandra-Kurla Complex,
Bandra (East), Mumbai – 400 051.
Disclaimer: Please note that the information provided is collected from sources publicly available & we believe to be reliable. The website doesn’t warrant the accuracy, reliability & absolute information available on the website. Participation by site visitors or registered customers is on a voluntary basis. The policies are offered by various life Insurance & non-life insurance offering companies and Bimadeals does not seek to, either directly or indirectly, advise, offer, solicit or recommend that any person who is or proposes to become its member should purchase the Policy.
