Low cost Insurance Plan providing life cover/financial stability to the family in case of death during term of the policy.
Suits for all those who wish to avail cover at all levels at a cheaper premium rates.
|
Plan Type:Two types -
|
- With Return of Premium - On death Sum Assured is payable. On surviving the Term, all premiums paid are refunded.
- Without Return of Premium - On death Sum Assured is payable.
|
Riders available: |
- Double Accident Benefit (Additional Sum Assured is payable on death due to accident)
- Total Permanent Disability Benefit ( Sum Assured is payable in case of TPD due to accident )
- Critical illness Benefit (coverage for list of selective critical illnesses)
|
Special Features: |
- Flexibility in Insurance cover like i) Uniform cover, ii) Increasing cover, iii) Decreasing cover is available to suit Loan protection/Family Income protection needs.
- No Lapse Policy feature - If 3 years premiums are paid and in the event of non-continuation of premium, the policy will not lapse but would continue for a reduced cover.
|
Companies recommended: |
- Kotak Life, Aviva India, LIC of India & SBI Life for their-
- Competitive cost, Services, Simplified process etc.
|
Procedure: |
- To get Quote from Company with Benefit Illustration
- Filling up of Proposal form with all requirements
- Payment by Cheque
|
