One year Life insurance scheme.
Auto renewed every year.
Offering coverage for death or permanent disability due to accidents.
Anyone of age between 18 and 70 years can join the scheme through a Savings bank account
The scheme offers a sum assured of Rs. 2 lakh on death of the insured member due to any accident annual premium of Rs. 12/-
The coverage for permanent disability is up to Rs. 2 lac
From date of joining to the following 31st May
Amount will be automatically debited from the SB account between 20th to 31st May.