Insurance

SUD Life Elite Assure Plus

A limited-premium SUD Life endowment plan with 5-5-5 and 7-7-7 options, ₹10,000–₹10,00,000 monthly payout choices and double accidental death benefit.

Policy typeLimited-premium, non-linked, non-participating endowment life-insurance plan with assured monthly payouts and inbuilt accidental-death benefit.InsurerStar Union Dai-ichi Life Insurance Company Limited (SUD Life); BOI distributes the policy as corporate agent.Monthly payoutMonthly payout from ₹10,000 to ₹10,00,000, in multiples of ₹1,000.

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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 typeLimited-premium, non-linked, non-participating endowment life-insurance plan with assured monthly payouts and inbuilt accidental-death benefit.View source

The page identifies the plan and its two payout options.

Source: SUD Life Elite Assure Plus
Page / section: Benefits
Accessed: 30 Aug 2026
Confidence: high

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InsurerStar Union Dai-ichi Life Insurance Company Limited (SUD Life); BOI distributes the policy as corporate agent.View source

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

Source: SUD Life Elite Assure Plus
Page / section: Disclaimer
Accessed: 30 Aug 2026
Confidence: high

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Plan and policy termPlan 5-5-5: pay for 5 years, accumulation for 5 years and payouts in the next 5 years. Plan 7-7-7: pay for 7 years, accumulation for 7 years and payouts in the next 7 years. Corresponding policy terms are 15 or 21 years.View source

The benefits and policy-term sections publish 5-5-5 and 7-7-7 structures.

Source: SUD Life Elite Assure Plus
Page / section: Benefits / Policy term
Accessed: 30 Aug 2026
Confidence: high

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Monthly payoutMonthly payout from ₹10,000 to ₹10,00,000, in multiples of ₹1,000.View source

The sum-assured section publishes the monthly-payout range and increment.

Source: SUD Life Elite Assure Plus
Page / section: Sum assured
Accessed: 30 Aug 2026
Confidence: high

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Published benefitsAnnual payout equals 5 times the monthly payout during the payout period; lump sum at the end can be up to 60 times monthly payout, or 40 times for Plan 5-5-5; accidental death benefit doubles the death benefit.View source

The benefits section publishes annual and lump-sum payout multiples and accidental-death doubling.

Source: SUD Life Elite Assure Plus
Page / section: Benefits
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

Benefits and features

5-5-5 or 7-7-7 plan options
₹10,000–₹10,00,000 monthly payout
Annual payout = 5× monthly payout
Accidental death benefit doubles death benefit

Eligibility

The reviewed page does not publish a numeric entry-age threshold.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

Proposal, identity/age proof 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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ParameterChoose column

Policy term · 5-5-515 years

This value is copied from SUD Life Elite Assure Plus — published options. Check the table notes before relying on it.

Source: SUD Life Elite Assure Plus · Benefits / Policy term / Sum assured 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 · 3 columnsSUD Life Elite Assure Plus — published optionsView tableHide table

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SUD Life Elite Assure Plus — published options
Parameter	5-5-5	7-7-7
Policy term	15 years	21 years
Premium/accumulation/payout	5/5/5 years	7/7/7 years
Monthly payout	₹10,000–₹10,00,000 in ₹1,000 multiples	₹10,000–₹10,00,000 in ₹1,000 multiples
Annual payout	5× monthly payout	5× monthly payout
End lump sum	Up to 40× monthly payout	Up to 60× monthly payout

SUD Life Elite Assure Plus · Benefits / Policy term / Sum assured · accessed 30 Aug 2026Open official source ↗

SUD Life Elite Assure Plus

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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