A regular premium payment, low cost term plan for the rural adults who seek life insurance
protection without any maturity benefit.
Key features include:
Policy Term : 5 years
Coverage Limits : Minimum Death Benefit (Sum Assured): Rs.5,000/-
Maximum Death Benefit (Sum Assured): Rs.50,000/-
Premium payment frequency : Monthly, quarterly, half yearly & yearly
Death Benifit : Sum assured to the policyholder’s nominee
Maturity benefit : None
Rider : Option to attach Accident Death Benefit Rider for issue ages 18 to 55 years at a nominal extra charge.
Tax Benefits and Age Eligibility
Premiums paid under this plan are eligible for tax benefits as per the Income Tax Act,
1961 and are subject to any amendments made therein from time to time.*
Anyone between ages 18 and 60 can apply for this policy.