Specially Designed to cover Loan Liabilities
Today people are taking loans for various needs. This plan is to cover loan liabilities like Housing / Education / Vehicle etc for providing a safety net against loan repayments to the Insured's Family.
It is a Non-Par, Non-Linked, Life, Individual, Pure Risk Plan. It is a pure decreasing Term Assurance Plan wherein the death benefit will reduce over the term of the policy.
Today people are taking loans for various needs. This plan is to cover loan liabilities like Housing / Education / Vehicle etc for providing a safety net against loan repayments to the Insured's Family.
Minimum | Maximum | |
Age at Entry | 18 Year (Last Birthday) | 45 Years (Last Birthday) |
Sum Assured | 50,00,000 | 5,00,00,000 |
Sum Assured on Death shall be payable on death of Life Assured during Policy Term provided Policy is in force and the claim is admissible.