Overview
The Digital Icon Guaranteed Return Savings Plan by Go Digit Life Insurance is a non-linked investment plan. Your funds are not affected by market conditions, ensuring safe, secure, and stable returns.
This plan is ideal if you are looking for a life cover combined with a safe, zero-risk investment that offers guaranteed returns. It can help diversify your existing investment portfolio or secure funds for future life goals, such as buying a house or planning for your child's higher education. It effectively combines life coverage with a savings plan.
The Digital Icon Guaranteed Return Savings Plan offers a range of benefits, including:
- Comprehensive Life Coverage
- Guaranteed Returns
- 2X Sum Assured on Death
- Tax Benefits
- Multiple Plan Variants to Choose From
- Choice of Payout Option
Key Features
- Step 1
Visit the official website of PolicyX.com.
- Step 2
Click on the 'Investment' tab.
- Step 3
A new page will appear on the screen.
- Step 4
Fill out the form at the top of the page with the necessary details.
- Step 5
Select your income and city. Click on 'Proceed'.
- Step 6
Update your education and occupation details.
- Step 7
Choose your preferred plan and click on 'Buy this plan'.
- Step 8
Select the policy term, premium period, investment amount, and riders (if required), then proceed to pay.
Benefits of Digital Icon Plan
There are various benefits to buying the Digital Icon Plan. Let’s understand each of them in detail:
- Comprehensive Life Coverage: The Digital Icon Plan offers life coverage that protects your family in case of your unfortunate demise during the policy tenure.
- Guaranteed Returns: This plan provides guaranteed returns irrespective of market volatility.
- 2X Sum Assured: In case of the accidental death of the policyholder, their family will receive 2X the sum assured.
- Tax Benefits: The premiums paid for this plan are eligible for tax deductions under Section 80C of the Income Tax Act, 1961.
Multiple Plan Variants
This plan allows you to choose from multiple plan variants such as Income Benefit, Lump Sum Benefit, Income + Lump Sum Benefit, and Whole Life Benefit.
Additional Riders
This plan allows you to choose from additional riders, including accidental death, critical illness rider, etc.
Grace Period
Under this benefit, the insured gets 15 days for monthly premium payments and 30 days for other frequencies to pay the premium without any penalty.
Multiple Payout Options
This plan allows you to choose from multiple payout options, including lump sum, installment, or a combination of both.
Inclusions
- Step 1Visit the official website of Go Digit Life Insurance.
- Step 2Hover over 'Life Insurance Plans' from the top menu.
- Step 3Click on the 'Digital Icon Guaranteed Return Savings Plan'.
- Step 4Click on 'Buy Now' to be redirected to a new page.
- Step 5Enter your name and contact information. A representative will contact you to discuss quotes.
- Step 6Once details are discussed, you can make the premium payment and receive the policy documents.
Exclusions
- If the policyholder commits suicide within 12 months of policy purchase, no death benefits are offered to their family members. In such cases, either 80% of the premiums paid to date or the surrender value acquired to date, whichever is higher, will be paid.
Documents Required to Buy Digital Icon Plan
Here is the list of documents required to buy the Digital Icon Plan:
Photo ID Proof
Photo ID Proof (any one): Passport, Aadhaar card, PAN card, Driving license.
Age Proof
Age Proof (any one): Passport, Aadhaar card, PAN card, Driving license.
Address Proof
Address Proof (any one): Utility bill, passport, voter ID, ration card.
Medical Records
Medical Records of the policyholder, if requested.
Income Proof
Income Proof (any one): Bank statement, last three months' salary slips (if salaried).
Plan At a Glance
| Key Advantages |
Limitations |
| Guaranteed Benefits |
Premium Offset |
| Additional Riders |
High Sum Assured Rebate |
| Flexibility |
Auto Cover Continuance |
| Tax Benefits |
Top-up Premium |
In a Nutshell
The Digital Icon Plan, offered by Go Digit Life Insurance, provides dual benefits of life cover along with returns on your invested amount. This plan includes various additional benefits such as unlimited teleconsultations, mental health consultations, and health check-ups.
If you are still unsure whether the Digital Icon Plan is the right choice for you, contact us at PolicyX.com. We offer no spam, no gimmicks, and only expert insurance advice. Book an appointment with us today.
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