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  #2  
June 20th, 2016, 03:23 PM
Super Moderator
 
Join Date: Mar 2012
Re: Nainital Bank Life Insurance

Naini Life Insurance Plan is a non–linked, non-participating yearly renewable group term Insurance plan. It provides valuable life cover to the Customers at attractive premium rates.

The amount of life cover in respect of each customer shall be guided by the scheme rules. The total premium payable at commencement and subsequent renewals shall be equal to the sum of premium in respect of individual.

Features:

Arrangement Type: Master Policy (Group Policy)

Product: Naini Jeevan Raksha Yojna


Scheme Details

Insurance Premium:
18-35
36-50
51-54

Insurance Amount: 1,00,000/-

Accident benefit: NO

Period : 1 year- renewable

Insurance Benefit: Rs. 1,00,000/-

Maximum Insurance: 1 Lac

Surrender: Not-Allowed

Age: 18 to 54 years

Maturity Benefit: No

Cover Start: After 45 days of joining

Exception: Accidental Death

Claim Period: within 180 days

Cover Available:
To Only Deposit Customers-within 6 months of opening the account


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