FEATURES

Death benefit


Beneficiaries will receive a sum of ₹ 2 lakhs

Maturity benefit


No maturity benefit or surrender benefit is available with this policy

Premiums


Pay a premium of ₹ 436 per annum per member - deducted automatically from savings bank account, with facility for auto-debit instructions

For enrolments done on or after 1st June'16, the risk cover will commence only after the completion of 30 days from the date of enrollment into the scheme by the member. However deaths due to accidents will be exempt from this Lien Clause.

Ways to pay


Pay through the Insurance tab on your Netbanking account

Policy term


Get life cover for one year, renewable from year to year

Age Limit


Age at entry: minimum 18 years; maximum 50 years

ELIGIBILITY

APPLICATION