| Who is eligible? | All Accountholders
|
| Nature of cover | Term Assurance
|
| Type of Cover | Life Cover (Normal death /death due to accident)
|
| Premium |
For First year - On pro
rata basis depending on the month of entry.
|
Age
|
Premium
in (Rs.)
|
|
18 - 35
|
180/-
|
|
36 - 45
|
288/-
|
|
46 - 55
|
720/-
|
|
|
| Sum Insured |
|
| Waiting Period | First 45 days (Not applicable for accident)
|
| By arrangement with | LIC |
| Period of cover | One Year
|
| Medical Check Up | No(Only Declaration of Good Health required)
|
| Tax Benefit | U/s 80 C
|
| Renewal Premiums | Paid by debit to your account - automatic until revoked. |
