INL Guaranteed Advantage Income Plan

IndusInd Nippon Life Guaranteed Advantage Income Plan 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, 12 years & the Policy Terms available under the plan are 20, 25, 30, 32, 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, Death Benefit as mentioned in the Brochure will be payable to the nominee.

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.