Decreasing term cover at a very low cost
Available for various types of individual loans for borrowers of a lending institution through a Group Master Policy
Option for Joint borrowers to be covered for the entire loan amount or for their respective shares of loan
One time payment of premium and peace of mind for a life time
Cover available for a wide range of loan terms from 1 year to 30 years
Minimum amount of Sum Assured is Rs. 10,000; no maximum limit of Sum Assured
Simple joining process
Death Benefit printed on the Certificate of Insurance (COI) on a Monthly reducing basis
Attractive rebates
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