Hot Line 16749
Hot Line 16749
Product Group Insurance Group Economy Insurance
Overview
Supplementary Covers
National Hospitalization Plan
Group Term Insurance
Group Endowment Insurance
Group Economy Insurance
Group Anticipated Insurance
Group Pension Insurance
This insurance acts as the best measure of savings. For fixed term or employment Full or partial refund of premium paid during retirement with or without profit There is arrangement. Sum assured is paid on premature death within the term of the policy.
Group Economy Insurance
Features & Eligibility:
| Minimum entry age: | 18 years |
| Maximum entry age: | 60 years (65 years in particular) |
| Number of members of group insurance: | 20 people and more |
| Duration of contract: | 5, 10, 15, 20 & 25 years |
| Maximum sum assured: | Sum insured is determined as per the policyholder's proposal |
| Mode of payment: | Yearly |
| Supplementary rider : | Pay some additional premium with this insurance Subsidiary insurance benefits may be availed. It doubles the sum assured in case of accidental death Benefit (DIAB) and twice the sum insured Disability Compensation Benefit (PDAB) with benefits and Critical Illness Insurance (CIB) benefits are available. |
Benefits:
| 01. | The premium rate of this insurance is very low. |
| 02. | A pre-determined sum assured is paid on the death of the group member and up to the term In case of survival, the entire (100%) premium deposited is refunded with or without profit. |
| 03. | Fast insurance claims are paid out on death of group members. |
| 04. | In this plan, there is an opportunity to change the insurance number and opt out of the insurance contract during the insurance period. |
| 05. | Surrender value of the policy is available in this plan. |
| 06. | The premium of this insurance is income tax free. |
Supplementary Insurance Brochure
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