National Toll Free No1800 425 00 000
 
National Toll Free No1800 425 00 000

IB Vidyarthi Suraksha (With PNB-Metlife)

IB Vidyarthi Suraksha (With PNB-Metlife)

Circular Reference Our Dept.Circular CRA 76/2011-12 dt.06.08.2011
Eligibility All Educational Student Borrowers (New & Existing)
Age Group 15-60 years Maximum exit @70 years
Coverage Minimum Rs.0.10 lakhs Max.Rs.25.00 lakhs
Waiting Period First 90 days except in case of accidental death
Claim Amount Equal to the outstanding loan amount as per the schedule with the minimum sum assured of Rs.10,000/- and maximum sum assured of Rs.25,00,000/-
By arrangement with PNB-MetLife
Period of cover Minimum 3years Maximum 25 years
Medical Check Up No medicals a)For Rs.7.50 lakhs upto 55years
b) For Rs.15.00 lakhs upto 45 years
c) For Rs.25.00 lakhs upto 35 years.
For Medicals Contact : Mr.K.Prabhuram
Mobile No: 9962570602
Email: kprabhuram[at]pnbmetlife[dot]com
Tax Benefit Under 80 C of I.T.Act
Commencement of risk cover Date of debit of Premium from Borrower`s Account
Insurance Premium Onetime single premium at the time of commencement