Myadi Laghu Sanyukta Jeevan Beema Yojana
Myadi Laghu Sanyukta Jeevan Beema Yojana is a Joint Term Life Assurance Plan specially designed for husband and wife under a single policy. This plan provides life coverage for both partners with a term ranging from 2 to 5 years.
Benefits
- On death of either of the Lives, Full Sum Assured plus 10% of Sum Assured as Funeral Expenses is paid
- Total Permanent Disability : Total Permanent disability of the Lives Assured due to accident only Full Sum Assured is payable in 120 monthly instalments
- On survival to Maturity : No maturity benefit is paid
Features
- Minimum Sum Assured: Rs. 10,000
- Maximum Sum Assured: Rs. 3,00,000
- Minimum Age at Entry: 22 years
- Maximum Age at Entry: 65 years
- Minimum Policy Term: 2 years
- Maximum Policy Term: 5 years
- Maximum Age at Maturity: 70 years
- Premium Payment Mode: Single payment
Total Insurance Products
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