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FAQ
FAQs: 1-5  of 5
How is the premium determined?

The premium payable is dependent on various factors – the size and risk characteristics of the group, the age distribution of the members, their occupation, sum insured for individual members etc. The minimum premium is Rs. 5,000 per scheme.

Is there any optional Rider Benefit?

Yes, you can avail of the Double Accident Benefit (DAB) rider. This rider is available at the scheme level. It means that if a policyholder opts for the rider it becomes compulsory for all members covered in the scheme.

What is the claim process when a member expires?

The claim process is very simple. The employer will need to provide us the death certificate of the member along with the claim papers and we will settle the claim.

What would be duration of the policy?

The duration of the policy is one year and is renewable every year.

Disclaimer

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.