This is what we offer with the plan

  • Benefits

    Death benefits

    On the death of an insured member while being the member of the group and during the period of cover, Death Sum Assured for that member is payable immediately in lumpsum , subject to the cover being in force. 

    For Employer Employee groups, Death Sum Assured for each member is determined by the master policyholder. For other groups, Death Sum Assured for each member is determined either by insured member or master policyholder.
    On payment of death benefit, the cover for deceased member will terminate and all rights, benefits and interests under the policy for deceased member will stand extinguished.

  • Benefits

    Maturity benefits

    There are no maturity benefits in this plan.

  • Benefits

    Flexible premium payments

    The premium for the entire year (1 year) can be paid in advance at the inception of the policy or policy annual renewal date, as applicable. The other available premium payment frequencies are-half yearly/quarterly or monthly modes.

    *Tax benefits are subject to change in tax laws. You are advised to consult your tax advisor for details.

Sample Policy DocumentDownload

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