ACE Plan
The Momentum Finserv Life Ace Plan is a versatile and comprehensive tax-saving investment solution meticulously designed to secure your financial future. This plan not only provides financial security but also offers significant tax benefits, combining the advantages of insurance and investment into a single, powerful financial tool.
Key Advantage - ACE Plan
The key advantage of Long Life Goal is its lifelong ACE Plan coverage, ensuring protection and peace of mind. Here are the key advantages of this plan:
Comprehensive Coverage
ACE offers a comprehensive life insurance solution, providing financial security to your loved ones in case of your unfortunate demise.
Premium Flexibility
With ACE, you have the flexibility to choose premium payment terms, making it adaptable to your financial situation.
Wealth Accumulation
This plan not only provides life coverage but also acts as an investment tool, helping you accumulate wealth over time.
How ACE Plan Works?
You customize your coverage, pay the premium, and provide nominee details, ensuring a hassle-free process.
- Choose Your Coverage: Select the coverage amount and premium payment term that suits your financial goals.
- Pay Premiums: Pay regular premiums to keep your policy active.
- Accumulate Wealth: ACE offers various investment options to help you grow your wealth over the policy term.
Your premium will be calculated based on factors like age, gender, and the choices you make in terms of coverage and payment.
Eligibility Criteria - ACE Plan
ACE Plan is accessible to various individuals, from breadwinners to professionals, who seek straightforward insurance coverage.
- Age: Individuals between the ages of 18 and 65 can apply for ACE.
- Policy Term: The policy term ranges from 10 to 30 years, depending on your preference.
- Premium Payment Term: You can choose premium payment terms of 5, 7, 10, or 15 years.
For a worry-free future, embrace the simplicity and security of Momentum Finserv Life ACE Tax Saving Plan.
Benefits Of ACE Plan
ACE ensures robust financial protection and peace of mind, making it a reliable choice for your family’s financial well-being.
- Tax Benefits: Enjoy the perk of tax deductions on your premium payments under Section 80C, thereby reducing your taxable income and boosting your overall savings.
- Life Cover: The Ace Plan extends comprehensive life insurance coverage to safeguard your loved ones financially in the unfortunate event of an unexpected life event. It provides peace of mind, knowing that your family's financial well-being is protected.
- Wealth Creation: Your investments within the plan mature over time, enabling you to steadily build a substantial corpus that can be utilized for your future financial requirements. This wealth creation feature adds another layer of financial security to your portfolio.
- Flexibility: The Ace Plan offers a range of premium payment options and policy tenures, allowing you to customize the plan according to your financial preferences and goals. This flexibility ensures that the plan seamlessly fits into your financial landscape.
Documents Required - ACE Plan
Basic documentation is necessary to start your ACE policy, simplifying the application process. Below mentioned are the documents you will need: