It is a Whole Life Assurance Scheme.

Under this scheme, the proponent is given an assurance to the extent of sum assured and accrued bonus which is paid to the assignee, nominee or legal heir after the death of the insurant.

  • Insurance cover starts from the date of acceptance

  • Minimum Age at entry is 19 years

  • Maximum Age at entry is 45 years

  • Premium ceasing at the age of 55, 58 & 60

  • Maximum sum assured is Rs. 1 lac

  • Eligible for loan after payment of premia for 48 months

  • Interest rate @ 10% on loan

  • Surrender of policy allowed after payment of premia for 36 months

  • Assignment facility available

  • Can be converted into Gram Santosh (Endowment Assurance)

  • Nomination facility available