-
Insurance cover starts from
the date of acceptance
-
Minimum age at entry is 19
years
-
Maximum age at entry is 45
years
-
Premia ceasing at the age of 55, 58 & 60
-
(Payment of premia for at
least 5 years )
-
Maximum sum assured Rs. 1
lac
-
Eligible for loan after
payment of premia for 48 months
-
Interest on loan @ 10
%
-
Surrender of Policy allowed
after payment of premia for 36 months
-
Assignment facility
available
-
Can be converted into Gram
Santosh
(Endowment Assurance after 5 years with premia ceasing
at the age applicable to that Scheme )
-
Nomination facility
available.