Guaranteed Bonuses
Guaranteed Addition
Rs 45 per Rs 1000 Sum Assured
Entry Age
18–60 years
Sum Assured (min)
रु.10,000
Eligibility
Age18 - 60 years
Coverage
Min Coverage
रु. 10,000
Max Coverage
रु. 1,000,000
Claim Settlement Rate (Crest Micro Life Insurance)
93.92%Claims Paid: 4,823Claims Outstanding: 312
Description
CML Micro Non-Par Endowment (Regular) is a micro life insurance plan designed to provide affordable protection with a guaranteed annual addition of Rs.45 per Rs.1,000 of sum assured. On death during the policy term the Sum Assured plus accumulated guaranteed additions is paid as a lump sum; on survival at maturity the Sum Assured plus accrued guaranteed additions is paid.
Features
- Guaranteed annual addition of Rs.45 per Rs.1,000
- Death benefit: Sum assured + accumulated guaranteed additions
- Maturity benefit: Sum assured + accumulated guaranteed additions
- Sum assured Rs.10,000–Rs.500,000
- Surrender, loan and paid-up options available
- Optional riders: Multiple raiders available
Highlights
- Guaranteed addition Rs.45/1000 p.a.
- Sum assured Rs.10,000–500,000
- Policy term 5–25 yrs