Description

This is  a without-profit single term insurance plan. Under this plan, pre-decided Sum Assured is payable on death during the term of the policy

Benefits

• Death Benefit: Sum assured is payable on death of the life assured during the policy term to the beneficiary/nominee.
• Funeral Expenses: On death of the life assured during the policy term, a funeral expense equal to Rs. 10,000 shall be payable to the beneficiary/nominee.
• Disability Benefit: Benefit against disability due to accident is available during the term of the policy. The benefit is available up to a maximum limit of Rs. 1,50,000.

Features

• The single premium shall be payable at the inception of the policy term.
• Minimum sum assured is Rs. 1,50,000 and maximum sum assured is Rs. 3,00,000.
• Minimum age at entry is 18 years old (age last birthday) and maximum age at entry is 64 years old (age nearest birthday).
• The available policy term is 1 to 15 years.
• Surrender value is not available under this plan.
• Paid up value is not available under this plan.
• Loan is not available under this plan.