Group term Assurance (Samuhik Myadi Jeevan Beema)
July 20, 2018The Group Term Assurance is focused to the Group in an organization with minimum of 25 members. However the Policy can be issued for the group below 25 but not less than 10 by paying some additional premium.
The Policy is for 1 year Term, however the Policy can be renewed later on.
Some of the main features of the Policy are,
| Features | |
|---|---|
| Minimum Age At Entry : | 16 Years |
| Maximum Age at Entry : | 64 years |
| Minimum Policy Term : | 1 year |
| Maximum Policy Term : | 1 year |
| Maximum Age at Maturity : | 65 years |
| Payment Mode | Yearly |
Death Benefit
On Death of life Assured during the policy : Full Sum Assured is Paid.
On Survival to Maturity Date : Nil
| First Policy Issue Date: 15-11-2019 |
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