1. SUD Life New Aashiana Suraksha
A Limited Premium Group Credit Life Insurance Plan which provides insurance cover on the outstanding loan amount for home and mortgage loan customers
2. SUD Life Sampoorna Loan Suraksha Plan
A Non-Linked Non-Participating Group Credit Life Insurance Product which is especially designed to cater to the needs of borrowers for all types of loans including home loan, education loan, vehicle loan and personal loan. The plan gives you peace of mind by paying the outstanding loan amount in case of death of life assured.
3. SUD Life Group Term Insurance Plus
A Non Linked Non Participating Group Term Insurance plan is an annually renewable plan that helps you to provide life cover to your group members in a cost-effective way and secure their peace of mind.
4. SUD Life Group Retirement Benefit Plan
A Non Participating Group Unit Link Insurance Plan. As an employer, it would be beneficial for you to have an effective and systematic plan to manage your funds for the gratuity obligation and the leave encashment benefits. SUD Life Group Retirement Benefit Plan is for all Employer-Employee groups to effectively manage your employee’s gratuity and/or leave encashment. In this policy, the investment risk in investment portfolio is borne by the policyholder.
5. SUD Life Group Accidental Benefit Rider
A Non Linked Non Participating Group rider that provides additional benefits in case of accidental death or accidental dismemberment of the insured member. The rider can be attached with our Group Term Life Insurance Schemes, provided 100% of the members of the base policy are covered under the rider policy at inception.
6. SUD Life Pradhan Mantri Jeevan Jyoti Bima Yojana
A non-linked non-participating one-year renewable group term insurance scheme that provides life cover at low cost to the members of savings bank account
7. SUD Life Group Term Insurance Scheme in lieu of EDLI
UIN - 142N032V02
As an employer you understand that your employees are the key to the success of your organization. Hence it is important that you ensure their financial security by providing them with extra protection along with what is absolutely mandatory. A One Year Renewable Group Term Assurance plan which provides life insurance cover to all the employees who are covered under the Employees Provident Fund.