SUD Life Insurance

Established in 2009, Star Union Dai-ichi Life Insurance (SUD Life) is a joint venture between Dai-ichi Life Holdings, a top insurance company in Japan, Bank of India, and Union Bank of India. A robust base of more than 64 million customers is a direct result of the excellent customer service offered by Star Union Dai-ichi Life. The company offers a range of plans through the 11,500+ bank branches situated across the length and breadth of the country. As these banks have a significant majority of branches in rural areas, Star Union Dai-ichi Life is committed to providing insurance products catering to the unique needs of customers across a broad cross-section of society.

Star Union Dai-ichi Life has won a spate of awards over the last few years. The prominent among them include “Claims Service Leader Award” awarded by India Insurance Awards in 2017, “Life Insurance Company of the Year” by India Insurance Awards in 2015, “Golden Peacock Award for Excellence in Corporate Governance” from the Institute of Directors in 2017, and “National Award for Excellence in Corporate Governance” awarded by Institute of Company Secretaries in 2020.

Types of SUD Insurance Life Insurance Plans

Star Union Dai-ichi Life Insurance offers a bouquet of excellent insurance plans to its valued customers. Here are the products available from Star Union Dai-ichi Life Insurance.

1. Protection Plans: Star Union Dai-ichi Insurance Life’s Premier protection plan ensures that your family continues its lifestyle even when you are not around to offer much-needed support. This unique plan qualifies as one of the most versatile protection plans in the insurance market.

2. Retirement Plans: Star Union Dai-ichi Life's Retirement plans allow you to invest in a secure and comfortable future. These plans ensure that you live your life to the fullest, even after retiring from work. Retirement plans provide a guaranteed source of income while taking care of uncertainties in life.

3. Saving Plans: Star Union Dai-ichi Life’s Savings Plan is ideal for those who value comfort and want to secure their family’s future. The advantage of savings plans is that you get a guaranteed return at regular intervals to help meet your short-term financial requirements.

4. Wealth Plans: Star Union Dai-ichi Life's Wealth Plans should be perfect for people who have big dreams. Wealth plans are flexible as they allow you to invest in a lump sum or instalments, depending on your preferences.

5. Child Plans: Star Union Dai-ichi Life offers a range of plans for securing your child’s future. The best aspects of (one plan) such plans are that they continue to provide financial assistance to your children, even in your absence.

6. Group Plans: Besides the individual life insurance plans, Star Union Dai-ichi Life offers a range of group plans that enable you to invest for a secured tomorrow. They come with flexible payment options and affordable premiums.