Some dreams can’t wait. Whether it’s funding your child’s education, celebrating a life event, or building a safety net for the future, Shanta Life’s Multi-Stage Maturity Plans are your financial partner through it all. With guaranteed payouts at different stages and full protection throughout policy tenure, it’s the smart way to stay prepared for what’s next.
Key Features
- Multiple Guaranteed Payouts
- Maturity Benefit
- Death Benefit
- Tax benefit
- Surrender and Loan Benefit
- Opportunity to add additional rider benefit
- Extended Premium Payment Period
Terms
- Minimum entry age: 20, Maximum entry age: 60
- Policy term: 12, 15, 18, 21 year
Shanta Payment Plan
Shanta Three Payment Plan
- Policy Term: 12/15/18/21/24/27 Years
- Age of the Insured:
Minimum: 30 Days
Maximum: 60 Years - Stages of Guaranteed Payout:
1st Stage: 25% of Sum Assured (1/3 time of Policy term)
2nd Stage: 25% of Sum Assured (2/3 time of Policy Term)
3rd Stage: Rest 50% Sum Assured paid at Maturity.
Shanta Four Payment Plan
- Policy Term: 12/16/20/24/28 Years
- Age of the Insured:
Minimum: 30 Days
Maximum: 60 Years - Stages of Guaranteed Payout:
1st Stage: 15% of Sum Assured (1/4 time of the Policy term)
2nd Stage: 15% of Sum Assured (2/4 time of the Policy Term)
3rd Stage: 15% of Sum Assured (3/4 time of the Policy Term)
4th Stage: Rest 55% Sum Assured paid at Maturity.