Samriddhi Kawach Micro Term Life
Term
Sum assured
Rs 25,000
Premium / yr
On request
Term
1–15 yrs
Entry age
18–60
About this plan
Samriddhi Kawach Micro Term Life is a non-linked, non-participating individual term insurance plan designed to provide financial protection, especially for individuals without formal life coverage.
What's included
Key highlights
- Low-premium micro term protection
- Sum assured Rs.25,000–500,000
- Entry age 18–60
- Policy term 1–15 years
- Non-participating (no bonuses)
Features
- Sum assured: Rs.25,000 – Rs.500,000
- Entry age 18–60 years
- Policy term 1–15 years
- Maximum maturity age 65 years
- Non-participating (no bonuses)
- Death benefit: Sum assured payable to nominee
- No maturity or survival benefits
- Optional accidental disability rider
- Easy digital purchase & claim process
Eligibility & term
- Entry age
- 18 – 60 years
- Policy term
- 1 – 15 years
- Sum assured
- Rs 25,000 – Rs 5,00,000
- Premium modes
- Yearly, Half-yearly
Benefits payout
- Death benefit
- Sum Assured payable to nominee/legal heir
- Maturity benefit
- None
Optional riders
Accidental death (ADB)PTD / PWBCritical illness (CI)
Accidental Disability Rider
Optional rider providing benefits in case of accidental disability per rider terms
Loan & liquidity
- Policy loan
- Not available
What's not covered
- Suicide within waiting period as per policy terms
- War, civil commotion, criminal acts
- Pre-existing conditions (as defined in policy)
Other plans from Liberty Micro life Insurance
Premium
Quote on request