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Anybody aged between 12 years to 58 years can apply for this policy.
This policy guarantees a fixed pay out as defined basis the policy term. Policy also offers the accidental Death benefit to provide additional protection. The policy offers a simple Guaranteed Addition of Rs 40 per Rs 1000 Life Cover for the first three policy years and Simple Reversionary Bonuses from the 4th policy year.
Yes, for the Life Cover of Rs. 2 Lacs and above, the policy offers a rebate. For the Life Cover of Rs. 300,000 you’ll get a rebate of Rs.1200 on the annual premium (Rs. 4 per 1000 of sum assured).
The above material is provided for general information only and does not constitute legal or other professional advice. This information is current at the date of publication but may be subject to change without notice and accordingly, may not be up to date at the time of viewing. Information specific to a product may be obtained from the Company.