Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Policy typeIndividual non-linked, deferred participating savings life-insurance plan with survival cash benefits and bonuses.View source
The page labels SUD Life Akshay a non-linked deferred participating savings plan and describes cashback/bonus benefits.
- Source
- SUD Life Akshay
- Page / section
- Benefits
- Accessed
- 30 Aug 2026
- Confidence
- high
InsurerStar Union Dai-ichi Life Insurance Company Limited (SUD Life); Bank of India distributes the product as corporate agent.View source
The disclaimer identifies SUD Life as underwriter and BOI as distributor.
- Source
- SUD Life Akshay
- Page / section
- Disclaimer
- Accessed
- 30 Aug 2026
- Confidence
- high
Policy termThe reviewed page does not publish a standalone numeric policy-term range; it states guaranteed cashback and cash bonus from the 16th policy year and cover up to age 95.View source
The page provides milestone years and maximum cover age but no complete policy-term range.
- Source
- SUD Life Akshay
- Page / section
- Benefits / Eligibility
- Accessed
- 30 Aug 2026
- Confidence
- high
Sum insuredNo numeric sum-assured range is published on the reviewed BOI page.View source
The reviewed page describes benefits but does not print a sum-assured table.
- Source
- SUD Life Akshay
- Page / section
- Sum assured
- Accessed
- 30 Aug 2026
- Confidence
- high
Published benefitsGuaranteed yearly cashback from the 16th policy year; yearly cash bonus from the 16th policy year; extended life cover up to age 95; maturity benefit with bonus and assured lump sum; tax benefits subject to prevailing law.View source
The benefits section publishes the cashback, bonus, age-95 cover and maturity features.
- Source
- SUD Life Akshay
- Page / section
- Benefits
- Accessed
- 30 Aug 2026
- Confidence
- high
PremiumA universal premium amount is not published on the reviewed page; premium depends on chosen cover, term, age and underwriting.View source
The page publishes benefits but no premium table.
- Source
- SUD Life Akshay
- Page / section
- Benefits / Eligibility
- Accessed
- 30 Aug 2026
- Confidence
- high
Entry ageMinimum entry age 25 years and maximum entry age 50 years (age last birthday).View source
The eligibility section publishes minimum 25 and maximum 50 years.
- Source
- SUD Life Akshay
- Page / section
- Eligibility
- Accessed
- 30 Aug 2026
- Confidence
- high
Waiting periodNo waiting-period schedule is published on the reviewed product page.View source
The page has no waiting-period table.
- Source
- SUD Life Akshay
- Page / section
- Disclaimer
- Accessed
- 30 Aug 2026
- Confidence
- high
Key exclusionsThe complete exclusions and policy conditions are not reproduced on the BOI summary; review the SUD Life brochure and wording.View source
The disclaimer directs customers to the sales brochure for risk factors and exclusions.
- Source
- SUD Life Akshay
- Page / section
- Disclaimer
- Accessed
- 30 Aug 2026
- Confidence
- high
Benefits and features
- Guaranteed cashback from 16th policy year
- Cash bonus from 16th policy year
- Extended life cover up to age 95
- Entry age 25–50 years
Eligibility
- Age last birthday 25–50 years.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Proposal, identity/medical details and documents requested by SUD Life
Related official documents
SUD Life Akshay — official BOI pageofficial-product-page · current · accessed 30 Aug 2026
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