Features:
Benefits:
Policy Term : | 1 year |
Minimum group size : | 10 Members in case of Employer-Employee Groups and 50 Members in case of Non-Employer-Employee Groups |
Maximum group size : | No limit |
Event covered : | Death (natural or accidental) |
Minimum sum assured : | Rs.1,00,000 for a scheme. Rs.5,000 for a member |
Maximum sum assured : | No limit, but subject to underwriting |
Minimum premium : | Rs. 5,000 per annum per scheme excluding extra mortality, rider premium, and taxes, cesses & levies as imposed by the Government. |
Maximum premium : | Subject to board approved underwriting policy |
Minimum Entry Age : | 18 years |
Maximum Entry Age : | 74 years (age last birthday) for employer-employee groups; 64 years (age last birthday) for non-employer-employee groups |
Maximum Maturity Age : | 75 years (age last birthday) for employer-employee groups; 65 years (age last birthday) for non-employer-employee groups. Maturity age/Cover ceasing age will be determined as on Policy anniversary following or coinciding age 75/65 years, as the case may be. |