Group Plan
Entry Age
Varies
Sum Assured (Min)
Varies
Institutional discount
5%
Premium
रु. 0 रु./वर्ष
NPR/yr
Coverage
रु. 0 रु.
Based on Underwiritng
Description
A group endowment life insurance plan for organizations/employers that provides death benefit during the term and a maturity (endowment) benefit at policy termination.
Features
- Designed for group/employee/member coverage
- Death benefit payable during policy term
- Maturity (endowment) benefit at policy termination
- Potential tax benefits as per local laws
- Participating plan — eligible for declared bonuses
Highlights
- Group-based endowment plan
- Provides both death and maturity benefits
- Participating (bonuses declared by insurer)
Life Insurance Details
Available Riders
Accidental Death Benefit (ADB) of up to Rs. 75,00,000/- can be availed by paying an additional premium of Re. 1 per thousand.