Insurance

SUD Life Akshay

A SUD Life participating savings plan with guaranteed cashback from the 16th policy year, bonuses, maturity benefit and cover up to age 95.

Policy typeIndividual non-linked, deferred participating savings life-insurance plan with survival cash benefits and bonuses.InsurerStar Union Dai-ichi Life Insurance Company Limited (SUD Life); Bank of India distributes the product as corporate agent.Entry ageMinimum entry age 25 years and maximum entry age 50 years (age last birthday).

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✓ Manually checked 30 Aug 2026 · active

Offered byBank of India

India; subject to SUD Life underwriting and policy terms

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, deferred participating savings life-insurance plan with survival cash benefits and bonuses.View source

The page labels SUD Life Akshay a non-linked deferred participating savings plan and describes cashback/bonus benefits.

Source: SUD Life Akshay
Page / section: Benefits
Accessed: 30 Aug 2026
Confidence: high

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InsurerStar Union Dai-ichi Life Insurance Company Limited (SUD Life); Bank of India distributes the product as corporate agent.View source

The disclaimer identifies SUD Life as underwriter and BOI as distributor.

Source: SUD Life Akshay
Page / section: Disclaimer
Accessed: 30 Aug 2026
Confidence: high

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Policy termThe reviewed page does not publish a standalone numeric policy-term range; it states guaranteed cashback and cash bonus from the 16th policy year and cover up to age 95.View source

The page provides milestone years and maximum cover age but no complete policy-term range.

Source: SUD Life Akshay
Page / section: Benefits / Eligibility
Accessed: 30 Aug 2026
Confidence: high

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Published benefitsGuaranteed yearly cashback from the 16th policy year; yearly cash bonus from the 16th policy year; extended life cover up to age 95; maturity benefit with bonus and assured lump sum; tax benefits subject to prevailing law.View source

The benefits section publishes the cashback, bonus, age-95 cover and maturity features.

Source: SUD Life Akshay
Page / section: Benefits
Accessed: 30 Aug 2026
Confidence: high

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Entry ageMinimum entry age 25 years and maximum entry age 50 years (age last birthday).View source

The eligibility section publishes minimum 25 and maximum 50 years.

Source: SUD Life Akshay
Page / section: Eligibility
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

Benefits and features

Guaranteed cashback from 16th policy year
Cash bonus from 16th policy year
Extended life cover up to age 95
Entry age 25–50 years

Eligibility

Age last birthday 25–50 years.

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

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Life-cover needs estimate

See whether your current cover and savings may leave a gap for your family. This does not calculate an insurance premium.

Yearly household income to replaceThe income your family may need to replace.₹ten lakh rupees₹1,00,000₹1,00,00,000Years of income neededHow long your family may need that replacement income. years1 years30 yearsLoans still to be paidHome loans and other debts the cover may need to clear.₹twenty lakh rupees₹0₹5,00,00,000Cover and savings already availableExisting life cover and money already set aside for the family.₹five lakh rupees₹0₹5,00,00,000

Possible cover gap₹1,15,00,000one crore fifteen lakh rupees

Income your family may need₹1,00,00,000one crore rupees

Cover and savings already counted₹5,00,000five lakh rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

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Parameter

Entry age · Published detail25–50 years, age last birthday

This value is copied from SUD Life Akshay — published features. Check the table notes before relying on it.

Source: SUD Life Akshay · Benefits / Eligibility Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 5 rows · 2 columnsSUD Life Akshay — published featuresView tableHide table

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SUD Life Akshay — published features
Parameter	Published detail
Entry age	25–50 years, age last birthday
Cashback	Guaranteed yearly cashback from 16th policy year
Cash bonus	From 16th policy year
Extended cover	Up to age 95
Sum assured	No universal range published

SUD Life Akshay · Benefits / Eligibility · accessed 30 Aug 2026Open official source ↗

SUD Life Akshay

What the official sources publish

Benefits and features

Eligibility

Documents the bank lists

Related official documents

Try the numbers

Life-cover needs estimate

Find the exact published value

Complete rates, limits and schedules

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