One Years' Renewable Group Term Assurance
3.8% market share100.0% claims settledEst. 2023
This is pure cover: it pays your family if something happens during the term, and there is no amount paid back at the end. Sanima Reliance Life one-year renewable group term assurance. Designed for groups (min. 25 members); death benefit payable as Sum Assured. No maturity benefit.
What's included
Key highlights
- वार्षिक नवीकरणयोग्य
- समूह योजना (न्यूनतम २५)
- मृत्यु लाभ = बीमाङ्क
- बीमाङ्क दायरा रु.50,000
- नीति अवधि: 1 वर्ष
Features
- वार्षिक नवीकरणयोग्य समूह टर्म बीमा
- मृत्यु लाभ: बीमाङ्क
- न्यूनतम समूह आकार: २५
- बीमाङ्क दायरा रु.50,000 देखि रु.20,000,000
- प्रवेश उमेर 18–64 वर्ष
- प्रीमियम मोड: एक वर्ष (एकल)
Terms and conditions
- 1)Death Benefit: Sum Assured.
- 2)Survival till Maturity Benefit: Nil
What happens in each case
Each plan pays out differently depending on what happens during the term. These are the situations that matter for this kind of plan.
If the insured passes away during the term
This plan states: Sum Assured
If the policy runs to maturity
This plan states: Nil
Optional riders
Accidental death (ADB)PTD / PWBCritical illness (CI)
No optional riders are attached to this plan.
Loan & liquidity
- Policy loan
- Not available
What's not covered
- Suicide within waiting period (as per company policy)
- War and national calamities
- Pre-existing conditions not disclosed
- Participation in hazardous occupations/activities unless specifically covered
Premium
Quote on request