Star Union Dai-ichi Life Insurance today said it has launched a new critical illness plan.
The new plan, SUD Life Aarogyam, is a non-linked non-participating health insurance plan and guarantees a fixed rate of premium for first five policy years, the insurance company said in a statement.
The plan assures payment of sum assured chosen as a lump sum amount in case the life insured is diagnosed with any of the listed 40 critical illnesses, it claimed.
SUD Life (Star Union Dai-ichi Life Insurance Co Ltd) is a joint venture between Bank of India, Union Bank of India and the Dai-ichi Life, Japan.
