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It
is a joint-life Endowment Assurance in which one of the spouses is
eligible for
PLI policies
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Life
insurance coverage is provided to both the spouses to the extent of
sum assured with accrued bonus from the date of acceptance of proposal
-
Insurance
cover is started from the date of acceptance
-
It
is a term policy of 5 to 20 years.
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It
gives assurance to both, the Insurant and spouse
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Minimum
Age at entry is 21 years
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Maximum
Age at entry is 45 years
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Maximum
sum assured of Rs. 5 lac
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Surrender
value payable after 3 years
-
Assignment
facility available
-
Nomination
facility available
