INL Prosper Shield

A protection-oriented Unit Linked Plan, tailored to ensure your family is well-protected with a robust life coverage while helping you grow your wealth to reach your long-term ambitions. Secure your future and enjoy a stress-free life with IndusInd Nippon Life Wealth and Insurance Plan.

Partial Withdrawal:

• Partial Withdrawals from the Fund Value are available only after the completion of Lock-in Period i.e. first five policy years.
• The first two Partial Withdrawals in a Policy Year are free. On every subsequent Partial Withdrawal within the policy year, a Partial Withdrawal Charge of Rs. 100 will be deducted each time from the Fund withdrawn.
• The minimum amount of Partial Withdrawal is Rs. 10,000 and the maximum Partial Withdrawal in a Policy Year shall not exceed 20% of the Fund Value at the beginning of the Policy Year. Partial withdrawal will be allowed till the Fund Value reaches the total premiums paid up to the date of partial withdrawal. Partial withdrawals shall not be allowed if they result in termination of the Policy.

Switching: You are entitled to 52 free switches each Policy Year. You will have the flexibility to alter the allocation of your investments among the Fund(s) offered in order to suit your changing investment needs by switching between the Fund(s).

Premium Redirection: You can choose to change the allocation of future premiums with the premium redirection feature. In this case, all your future premiums will be allocated to the investment fund(s) of your choice, without changing your existing fund allocation.

The plan offers eight fund options. You can select between these funds in any proportion as per your choice.