| Who is eligible? | All Accountholders
|
| Type of Cover | Life Cover (Normal/Accident)
|
| Age Group | 18-55 years in 3 Groups
18-35yrs;
36-45yrs;
46-55 yrs; |
| Coverage | 1 lakh (Fixed) for death
(Due to any reason except Suicide)
|
| Waiting Period | First 45 days
(Except Accident)
|
| By arrangement with | LIC |
| Period of cover | One Year
|
| Premium | For First year - On pro rata basis depending on the month of entry.
| Age |
Premium in (Rs.) |
| 18 - 35 |
180/- |
| 36 - 45 |
288/- |
| 46 - 55 |
720/- |
|
| Medical Check Up | No(Only Declaration of Good Health required)
|
| Tax Benefit | U/s 80 C
|
| Nature of cover | Term Assurance
|
