Term Life Plan Group (Hamro Jeevan Beema)
TermPopular
Sum assured
Rs 50,000
Premium / yr
On request
Term
1 yrs
Entry age
16–64
About this plan
A term life insurance plan providing pure life cover: pays a death benefit to the nominee in case of the insured's death. Offers affordable premiums, flexible policy terms and essential protection for the employees and members of organisation
What's included
Key highlights
- Pure protection (no savings component)
- Flexible policy terms
- High cover at affordable premium
Features
- Pure life (death) cover only
- Affordable and flexible premium options
- Multiple policy term choices
- Pays death benefit to nominee
- Options/initiatives for migrant workers
Eligibility & term
- Entry age
- 18 – 65 years
- Policy term
- 5 – 35 years
- Sum assured
- Rs 1,00,000 – Rs 5,00,00,000
- Premium modes
- Yearly, Half-yearly, Quarterly, Monthly
Benefits payout
- Death benefit
- Sum Assured payable to nominee on death of the insured
- Maturity benefit
- None (term plan)
- Accidental benefit
- Optional if rider taken
Optional riders
Accidental death (ADB)PTD / PWBCritical illness (CI)
Accidental Death Benefit Rider
Additional death benefit on accidental death
Critical Illness Rider
Lump sum on diagnosis of covered critical illnesses
Waiver of Premium Rider
Waives future premiums on specified events (e.g., disability)
Loan & liquidity
- Policy loan
- Not available
- Surrender allowed
- After 0 years
- Paid-up value
- No
- Partial withdrawal
- No
What's not covered
- Suicide within waiting period
- War and civil commotion
- Pre-existing conditions subject to waiting period
- Self-inflicted injuries
Other plans from Rastriya Jeevan Beema Company
Premium
Quote on request