Group Term Assurance (Samuhik Myadi Jeevan Beema)
Term
2.2% market share100.0% claims settledEst. 2017
This is pure cover: it pays your family if something happens during the term, and there is no amount paid back at the end. A yearly-renewable group term life insurance for employees/members/customers of an organization. Minimum 25 members required (can be issued for as few as 10 with additional premium). Full sum assured paid on death during policy term; no maturity benefit.
What's included
Key highlights
- मृत्युमा पूरा बीमाङ्क रकम
- १ वर्ष (वार्षिक नवीकरण)
- न्यूनतम सदस्य: २५
- परिपक्वतामा लाभ हुँदैन
Features
- मृत्युमा पूरा बीमित रकम भुक्तान
- वार्षिक नवीकरणयोग्य (Policy Term: १ वर्ष)
- न्यूनतम २५ सदस्य (१० सदस्यमा अतिरिक्त प्रिमियममा जारी)
- राइडर: Sun Medicare उपलब्ध
Terms and conditions
- 1.On Death During the Policy Term: Full sum assured is paid to the beneficiary.
- 2.On Survival to Maturity: No benefit is payable.
- 3. No loan available under this plan
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: Full Sum Assured
If the policy runs to maturity
This plan states: No benefit
Optional riders
Accidental death (ADB)PTD / PWBCritical illness (CI)
सन मेडिकेयर
आपतकालीन चिकित्सा राइडर
Sun Medicare
Emergency medical rider
Loan & liquidity
- Policy loan
- Not available
Premium
Quote on request