| Minimum Age on Entry | 18 Years |
| Maximum Age on Entry | 65 Years |
| Maximum Age on Maturity | 75 Years |
| Minimum Sum Assured | Rs. 10,000 |
| Maximum Sum Assured | Rs. 5,00,000 |
| Minimum Policy Term | 8 Years |
| Maximum Policy Term | 25 Years |
| Mode of Premium | Yearly, Half-Yearly, Quarterly, Single |
This is a Non-Linked, Non-Participating, Regular and Single Premium Individual Life Micro Endowment Plan that provides savings and insurance cover to the life assured. It is specially designed to cover individuals who do not have formal life insurance cover or savings arrangements, particularly in the microfinance sector.
On survival of the life assured at the end of the policy term, the Sum Assured plus accrued guaranteed additions is payable to the life assured.
On death of the life assured during the policy term, the Sum Assured plus accrued guaranteed additions is payable to the nominee/beneficiary.
