Monday, 23 January 2012

Eligibility Conditions and Other Restrictions (For Basic Plan)


3. Eligibility Conditions and Other Restrictions (For Basic Plan):

a) Minimum Sum Assured                               :   Rs. 100,000
b) Maximum Sum Assured                              :   No Limit
                  (The Sum Assured shall be in multiples of Rs. 5000/-)
c) Minimum Age at entry for Life Assured   : 18 years (completed)
d) Maximum Age at entry for Life Assured  : 50 years (nearest birthday)
e) Maximum Maturity Age for Life Assured : 75 years (nearest birthday)
f) Minimum Age at entry for child                : 0  years (last birthday)
g) Maximum Age at entry for child               : 17 years ( last birthday)
h) Minimum Term                                        : Higher of (18 – age of child, 8) years
i) Maximum Term                                       : (25 – age of child) years

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