Age at maturity is the age at which investors' life insurance policy matures.
Age at maturity will help you decide better whether investing in a particular policy will pay back the maturity proceeds at the right age.
Age at maturity could be as per policy term chosen by the investor or the default term.
Mr. Suresh plans to invest in a life insurance policy at the age of 35. He is planning to invest for a property purchase 10 years from now. His age at maturity is 45 years considering 10 years policy term.
Buy ₹1 Crore Term Insurance at Just ₹576/month*
Exclusively For Salaried Individuals
4 Plan Options
Life Cover upto 70 years
Optional Accelerated Critical Illness benefit
Inbuilt Terminal Illness Benefit
Life Cover
₹1 crore
Premium:
₹576/month*
ABSLI Salaried Term Plan (UIN:109N141V04) is a non-linked non-participating individual pure risk premium life insurance plan; upon Policyholder’s selection of Plan Option 2 (Life Cover with ROP) this product shall be a non-linked non-participating individual savings life insurance plan.
*LI Age 21, Male, Non Smoker, Option 1: Life Cover, PPT: Regular Pay, SA: ₹ 1 Cr., PT: 10 years, Annual Premium: ₹ 6400/- ( which is ₹ 576/month) Premium exclusive of GST. On death, 1 Cr SA is paid and the policy terminates.
ADV/5/22-23/289
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