Terms and conditions bundled insurance

Plan: Mobile Group Term Life Insurance

Benefits

  • On Natural Death: Basic Sum Assured = Rs 5,000
  • On Accidental Death: Total Maximum Coverage = 4 x Basic Sum Assured = Rs. 20,000
  • On Permanent Disability due to Accident: Total Maximum Coverage = 4 x Basic Sum Assured = Rs. 20,000

Terms & Conditions

  • The product will not acquire any paid up value
  • The product will not acquire any surrender value
  • No loan will be available under the policy
  • Bonus for this product is not applicable

Claim Procedure

  • Nominee or legal heir may apply along with following documents (Notarized) required in case of Death claim or permanent total disability.

Required Document for Natural Death Claim

  • Intimation Letter (with cause of death)
  • Hospital Death Certificate
  • Death Registration Certificate issued by local body
  • Relationship Certificate
  • Citizenship Certificate of Nominee and Deceased

Additional Document Required in Case of Accidental Death Claim:

  • Postmortem report
  • Police Report

Additional Document Required in Case of Permanent Total Disability Claim:

  • History of Medical Treatment
  • Medical Doctor’s Certificate of Disability