Gramin Samuhik Myadi Beema Yojana

A non-linked, non-participating one-year group renewable micro term insurance plan that provides cover to affinity groups (cooperatives, NGOs, self-help groups, microfinance loan members) under a master policy issued to a nodal agency.

• Non-linked, non-participating one-year group renewable micro term insurance
• Master policy issued to nodal agency
• Death benefit paid to master policy holder
• Additional cover up to 50% of Sum Assured
• Premium paid by the nodal agency
• Minimum 75% of members must join
• All new members must be covered

• Group micro term insurance
• Master policy
• Additional and funeral benefits available