Life Assurance Policy

Protect your loved ones with reliable financial security for life's uncertainties.

Policy Introduction

Because Your Family Deserves Security.

Secure your family's financial future with our comprehensive Life Insurance Policy. This plan provides financial protection to your loved ones in case of an unfortunate event, ensuring they can meet essential expenses and maintain their standard of living. With affordable premiums, flexible coverage options, and a hassle-free claim process, our policy offers long-term peace of mind. Whether you're planning for your family's future, children's education, or outstanding liabilities, this life insurance plan helps you build a strong financial safety net when it matters the most.

Terms & Conditions

Review the complete terms and conditions, eligibility requirements, guidelines, and important policy provisions to clearly understand your rights, responsibilities, and available benefits.

Registration fee is based on the age of the insured person at the time of enrollment.

45 to 55 years: ₹8500/-
55 to 65 years: ₹8,500/-

65 to 75 years: ₹10,500/-
Above 75 years: ₹12,500/-

Every member must deposit ₹200 per month for the first year from the date of registration.

If an insured member below 65 years of age dies due to an accident, accident insurance coverage of ₹5,00,000 shall be provided along with member support contribution calculated at ₹300 per active member after deduction of 20% institutional charges.

If death occurs within one year from the date of registration, financial assistance of ₹31,000 shall be provided in case of natural death, and ₹31,000 along with accident insurance coverage of ₹5,00,000 shall be provided in case of accidental death.

After completion of one year, in case of natural death, assistance shall be provided at the rate of ₹300 per active member after deduction of 20% institutional charges. In case of accidental death, the same assistance shall be provided along with accident insurance coverage of ₹5,00,000.

Accident insurance coverage shall become effective after 24 hours of successful registration and approval of the membership.

If an insured member is hospitalized due to an accident, financial assistance up to ₹50,000 may be provided as per policy rules and approval process.

After completion of one year, a minimum financial assistance of ₹1,01,000 shall be provided in case of natural death, even if the number of active members is low. In case of accidental death, the same minimum assistance shall be provided along with accident insurance coverage of ₹5,00,000.

Accident insurance coverage shall become effective after 24 hours of successful registration and approval of the membership.

If an insured member is hospitalized due to an accident, financial assistance up to ₹50,000 may be provided as per policy rules and approval process

In case of accidental death of an insured member, educational assistance of ₹10,000 shall be provided for the member's children.

In case of death of an insured member, funeral assistance of ₹5,000 shall be provided.

Every member must deposit the required contribution amount within the prescribed time whenever assistance is collected for any member's death.

If a member fails to deposit the required contribution amount more than three times, the membership may be terminated. Upon termination, the member shall not be entitled to any future benefits and no previously deposited amount shall be refundable.

The nominee must be an immediate family member of the insured person.

Frequently Asked Questions

Find answers to the most common questions about our foundation, welfare policies, eligibility criteria, and member benefits in one convenient place.