Hot Line 16749
Hot Line 16749
Product Group Insurance Group Anticipated Insurance
Overview
Supplementary Covers
National Hospitalization Plan
Group Term Insurance
Group Endowment Insurance
Group Economy Insurance
Group Anticipated Insurance
Group Pension Insurance
Group Anticipated Insurance is a very convenient plan for any group members. This scheme is very popular among institutional customers as the group members have the opportunity to avail pre-maturity funds for housing, marriage or special family needs. In this insurance The sum assured is returned in three installments during the term.
Group Anticipated 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: | 12, 15 & 18 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. | 25% of the original Sum Assured is paid if the insurance period exceeds one third. A further 25% of the sum assured is paid after two-thirds of the insurance period is over and At the end of the term, the remaining 50% is paid with or without profit. |
| 03. | Fast insurance claims are paid out on death of group members. |
| 04. | In case of death of the group member after receiving multiple installments within the term, the entire sum assured is paid with or without profit. |
| 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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