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, non-participating savings life-insurance endowment plan with guaranteed supplementary income and life cover.View source
The page labels the plan an individual non-linked non-participating savings life-insurance plan and describes guaranteed annual income.
- Source
- SUD Life Assured Income Plan
- Page / section
- Benefits
- Accessed
- 30 Aug 2026
- Confidence
- high
InsurerStar Union Dai-ichi Life Insurance Company Limited (SUD Life); Bank of India is a corporate-agent distributor and does not underwrite the policy.View source
The disclaimer identifies SUD Life as underwriter and BOI as corporate agent.
- Source
- SUD Life Assured Income Plan
- Page / section
- Disclaimer
- Accessed
- 30 Aug 2026
- Confidence
- high
Policy term20 to 35 years.View source
The policy-term section publishes 20 to 35 years.
- Source
- SUD Life Assured Income Plan
- Page / section
- Policy term
- Accessed
- 30 Aug 2026
- Confidence
- high
Sum insured / payoutThe page publishes annual payout choices of ₹24,000 minimum to ₹50,00,000 maximum; it does not publish a separate universal basic sum-assured range.View source
The page’s sum-assured section lists minimum and maximum annual payout, not a separate basic-sum-assured table.
- Source
- SUD Life Assured Income Plan
- Page / section
- Sum assured
- Accessed
- 30 Aug 2026
- Confidence
- high
Published benefitsGuaranteed annual income; all premiums returned at the end of the policy term excluding GST and extra premium; immediate lump sum plus regular income to the family on death; tax benefits under Sections 80C and 10(10D), subject to prevailing law.View source
The benefits list publishes guaranteed income, premium return and family death benefits.
- Source
- SUD Life Assured Income Plan
- Page / section
- Benefits
- Accessed
- 30 Aug 2026
- Confidence
- high
PremiumA universal premium amount is not published; the annual premium depends on the selected payout, term, age and underwriting.View source
The reviewed page publishes payout and term ranges but no price table.
- Source
- SUD Life Assured Income Plan
- Page / section
- Benefits / Policy term
- Accessed
- 30 Aug 2026
- Confidence
- high
Entry ageNo numeric entry-age range is published on the reviewed BOI page.View source
The reviewed page shows term and payout sections but no numeric entry-age rule.
- Source
- SUD Life Assured Income Plan
- Page / section
- Eligibility
- Accessed
- 30 Aug 2026
- Confidence
- high
Waiting periodNo waiting-period schedule is published on the reviewed product page; check the policy wording for applicable exclusions and contestability terms.View source
The page does not print a waiting-period table.
- Source
- SUD Life Assured Income Plan
- 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 sales brochure and policy wording before purchase.View source
The page directs customers to the sales brochure for risk factors and exclusions but does not reproduce them.
- Source
- SUD Life Assured Income Plan
- Page / section
- Disclaimer
- Accessed
- 30 Aug 2026
- Confidence
- high
Benefits and features
- 20–35-year policy term
- ₹24,000–₹50,00,000 annual payout options
- Return of premiums at maturity excluding /extra premium
- Lump sum plus regular family income on death
Eligibility
- The reviewed BOI page does not publish a numeric entry-age threshold.
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 Assured Income — official BOI pageofficial-product-page · current · accessed 30 Aug 2026
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