Single Pay VUL Plan (SPVUL) – one-time big payment insurance plans that are applicable to those persons who want their money get invested and earn higher interests than what banks offer, at the same time, can provide insurance coverage.
The plan is payable until age 100 but you also have the option to cease premium payment for a certain period. The plan is also an affordable investment-linked life insurance plan that gives you life insurance protection until age 100 and enables you to build a fund for a comfortable retirement. Sun Maxilink 100 – our newest product which has been launched on July 22, 2019.Additional benefits that you can add are the total disability, accidental death, dismemberment and disablement, female critical illness/female critical illness and maternity, critical illness, and hospital income benefit. The plan is payable for 88 years but you have the option to cease premium payment for a certain period, with a view to continue it later on. Sun Flexilink – a VUL plan that gives you an insurance coverage plus investment funds that you can use upon retirement.This plan is at least 5 years to pay and you also have the option to add additional benefits like total disability benefit, accidental death, dismemberment and disablement benefit, critical illness benefit, and hospital income benefit. Sun Maxilink Bright – also a VUL plan that gives you insurance coverage and provides you funds that you can use upon retirement or when your kid enters college.
The plan is at least 10 years to pay and you have the option to add additional benefits like total disability benefit, accidental death, dismemberment and disablement benefit, critical illness benefit, and hospital income benefit.
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