Your life cover, explained.

Tungabhadra Secure Term Plus · Tungabhadra Life Insurance Ltd

Illustrative

Term life · Pure protection · Policy held

Policy 10 May

Life cover

₹1,00,00,000

lump sum and income

Cover until

Age 64

in 2054

Premium

₹17,900

a year for 30 years

3-year rule

10 May 2027

until then, disclosure can be questioned

₹1,00,00,000 of life cover until age 64, ₹17,900 a year for 30 years. Until 10 May 2027 a claim can be questioned for anything not disclosed.

Myra's most important observations

Accidental Death Benefit Rider
Accidental death · on top of the life cover
₹50,00,000
₹2,500 a year

18 terms

Term	Value	Source
Product name	Tungabhadra Secure Term Plus	Policy p.1
Life cover (sum assured)	₹1,00,00,000	Policy p.1, Schedule
Cover over time	Level	Policy p.1
Death benefit paid as	Lump sum and income	Policy p.1, Benefit option
Part paid as a lump sum	50%	Policy p.1, Benefit option
Monthly income on death	₹40,000	Policy p.1, Benefit option
Income paid for	10 years	Policy p.1, Benefit option
Premium, a year	₹15,400	Policy p.1, Premium
Premium paid	Yearly	Policy p.1
Premiums paid for	30 years	Policy p.1, Premium paying term
Cover for	30 years	Policy p.1, Policy term
Cover until age	64	Policy p.1, Maturity age
Age at entry	34	Policy p.1, Age at entry
Cover started	10 May 2024	Policy p.1, Date of commencement of risk
Policy received	14 May 2024	Policy p.1, Despatch
Status	In force	Policy p.1
Under the Married Women's Property Act	No	Policy p.2, MWP Act
Nominee	Spouse	Policy p.2, Nominee