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Product    Group Insurance    Group Endowment Insurance

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This insurance plan is taken for the purpose of death risk and future savings of group members. Refund of Sum Assured on death of the insured member during the term or at the end of the term in case of survival goes

Group Endowment Insurance

Features & Eligibility:

Minimum entry age: 18 years
Maximum entry age: 60 years (65 years in particular)
Number of members of group insurance:20 people and more
Duration of contract:From 5 to 25 years
Maximum sum assured: Sum insured is determined as per the policyholder's proposal
Mode of payment: Yearly
Income tax: Income tax relief permissible.
Supplementary rider :Pay some additional premium with this insurance Subsidiary insurance benefits may be availed. It doubles the sum assured in case of accidental death Benefit (DIAB) and twice the sum insured Disability Compensation Benefit (PDAB) with benefits and Critical Illness Insurance (CIB) benefits are available.


01. The premium rate of this insurance is very low.
02. A pre-determined sum assured is paid on the death of a group member. If he survives to term 25%, 50%, 75% and 100% of sum assured are paid as per contract.
03.Fast insurance claims are paid out on death of group members.
04.Surrender value of the policy is available in this plan.
05.The premium of this insurance is income tax free.

Supplementary Insurance Brochure

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