INL Guaranteed Earnings For Milestone

IndusInd Nippon Life Guaranteed Earnings for Milestone is a non-linked, non-participating individual savings life insurance plan that provides both life insurance protection and guaranteed returns

The Premium Payment Terms available under the plan are 5, 6, 7, 8, 10, 11 and 13 years & the Policy Terms available under the plan are 20, 25, 30, 35 and 40 years.

In the event of Death of the Life Assured during the Policy Term provided the Policy is In-force i.e. all due premiums have been paid, the following lump sum Benefit shall be payable to the Claimant(s):
Higher of:
●    Sum Assured on Death 
●    105% of Total Premiums Paid as on the date of Death of the Life Assured
Where, Sum Assured on Death is higher of Sum Assured on Maturity or 11 times the Annualized Premium. The Death Benefit as derived above shall not be less than Surrender Value as on date of death of the Life Assured. 
Apart from the above, the Claimant(s) also shall receive outstanding balance, if any, in the Flexi Wallet. Kindly refer the plan’s brochure for details on Minor Life Death Benefit.
 

Flexi Wallet is a customized feature where you have an option to accumulate the Annual Income in Flexi-wallet instead of availing the same as a periodic payment during the Income Period. The amount in the Flexi Wallet will also earn interest and the same will be credited at the end of each month. At any time, you have an option to withdraw, completely or partially, the balance in the Flexi Wallet. You can opt-in opt-out of this feature anytime during the Policy Term.

Yes, you can avail loan against your policy once it has acquired a surrender value. This feature allows you to access funds when you need them the most. Loan will be available for up to 70% of the surrender value under the base policy.

You can enhance your coverage with the following optional riders:
•  INL Accidental Death Benefit Rider
•  INL Accidental Death and Disability Rider
•  INL Accidental Death and Disability Plus Rider
•  INL Critical Illness Rider
These riders provide additional protection in case of accidents or critical illnesses