Star Union Dai-ichi Life Insurance Company is expected to be a strong contender in the insurance sector owing to its insurance, IT, finance and investment resources. The enterprise offers various products to serve all sections of the society. It is also offers insurance to the rural as well as other weaker social sectors of the society. It operates through the Bank of India's and Union Bank's 5400 offices, spread across the length and breadth of India which enables it to have wider reach to its potential customers. This company banks upon the strong brand equity and high level of trust of the two public sector banks who also sponsor regional rural banks thereby giving more scope to tap the life-insurance business in the rural areas.
Individual Products
Investment Products
Unit Linked Life Insurance Plans (ULIP)
Unit Linked Life Insurance Plans are investment products that enable you to
achieve your financial goals while, at the same time, safeguard you with the
protective coverage of valuable insurance. These plans provide a strong support
that enables you to reach your goals despite of the uncertainties of life. The
ULIP plans at Di-ichi are:
- Dhan Suraksha 3
- Dhan Suraksha Premium 3
- Prabhat Tara 3
- Dhan Suraksha Express
Annuity Plans - Immediate Annuity Plan
Lack of proper financial planning can make you a dependent post-retirement. Plan
your retirement now and enjoy life that follows without any undue worries. To
this end, Dai-ichi offers the Immediate Annuity Plan.
Traditional Life Insurance Plans
The volatile and unpredictable nature of the financial market in the country has
made investment a matter of confusion. In such cases, one tends to opt for the
traditional plans which are market-proof. Traditional plans at Dai-ichi are:
- Defined Benefit Endowment Plan
- Jeevan Safer – Endowment + Whole Life
- Instant Endowment Plan
- Pure Term Assurance Plan
- Premier Protection Plan
- Defined Growth Endowment Plan
Riders
Over and above the aforementioned policies, Dai-ichi also offers additional
riders so that you can customize the plans to suit you better.
- Critical Illness Benefit Rider
- Accidental Death and Total & Permanent Disability Benefit Rider
Group Products
Credit Cover
Credit cover plans provide cover for the repayment of your loan or other
liabilities without liquidating your assets and disturbing family income. These
plans cover the outstanding amount of loan/liability of the policy holders at
affordable prices. Dai-ichi offers:
- Ashiana Suraksha
- Shiksha Suraksha
Term Insurance - Bachat Kavach
Term insurances are group insurance plans which provide total insurance coverage
for the members of a group at affordable prices. These plans cover a group of
considerable size without other routine procedures like medical check-ups.
Other Group Products
The various other group products offered by Star Union Dai-ichi are as:
- Group Savings Linked Insurance
- Paraspar Suraksha
- Reverse Mortgage Loan Annuity Plan
- Group Gratuity Scheme
- Group Leave Encashment Scheme
Riders
Group rider plans provide additional insurance coverage for unfortunate events
like critical illness, accident etc. These plans, available at minimal prices,
are provided so that the group can alter the main policy to suit their needs
more specifically.
- Group Critical Illness Benefit Rider
- Group Accident Death & Dismemberment Benefit Rider
Contact Address
Star Union Dai-ichi Life Insurance Company Limited,
11th Floor, Raghuleela Arcade,
IT park, Sector 30 A,
Opp. Vashi Railway Station, Vashi,
Navi Mumbai - 400 703
Phone - 022-39546200
Website: www.sudlife.in
|