Eligibility: Available to people in the age group of 18 to 50 and having a bank account. People who join the scheme before completing 50 years can, however, continue to have the risk of life cover up to the age of 55 years subject to payment of premium. Premium: Rs.330 per annum. It will be auto-debited in … Read more
DETAILS OF THE SCHEME: Scope of coverage: All savings bank account holders in the age 18 to 50 years in participating banks will be entitled to join. In case of multiple saving bank accounts held by an individual in one or different banks, the person would be eligible to join the scheme through one savings … Read more
Q1. What is the nature of the scheme? Q2. What would be the benefits under the scheme and premium payable? Q3. How will the premium be paid? Members may also give one-time mandate for auto-debit every year till the scheme is in force, subject to re-calibration that may be deemed necessary on review of experience … Read more
DETAILS OF THE SCHEME: Scope of coverage: All savings bank account holders in the age 18 to 70 years in participating banks will be entitled to join. In case of multiple saving bank accounts held by an individual in one or different banks, the person would be eligible to join the scheme through one savings … Read more
Q1. What is the nature of the scheme? The benefits are as follows: a. Rs. 2 Lakh Total and irrecoverable loss of both eyes or loss of use of both hands or feet or loss of sight of one eye and loss of use of hand or foot c. Rs. 1 Lakh The premium will be deducted … Read more