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JEEVAN MADHUR(TABLE NO-182)

A MICRO INSURANCE POLICY WHICH PROVIDES SECURITY

WITHIN THE REACH OF THE POOR

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• SCIENTIFICALLY DESIGNED SMALL DENOMINATION POLCY WITH SMALL CONSIDERATION AMOUNT FOR A GROUP OF PERSONS AGED BETWEEN 18 TO 60 YEARS.

• S.A.• MIN 5000/-• MAX 30,000/-

MAX MAT AGE

65 YEARS.

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• MINIMUM PREMIUM PRESCRIBED

Rs 250/-QLY/HLY/YLY

Rs 100/-MONTHLY

Rs 50/-FORTNIGHTLY

Rs 25/-WEEKLY

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• FURTHER, THE PREMIUM CHOSEN BY THE PROPOSER SHALL BE SUBJECT TO THE MIN & MAX DEATH BENEFIT S.A. UNDER THE POLICY.

• TERMS AVAILABLE • MIN 5 YEARS• MAX 15 YEARS

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• BENEFITS• NEW CONCEPTS OF BENEFITS

INTRODUCED• DEATH BENEFIT S.A.• TOTAL PREMIUM PAYABLE DURING THE

ENTIRE TERM OF THE POLICY ALONG WITH VESTED BONUSES i.e.12XnXMLY PREM,WHERE n IS THE TERM OF THE POLICY.

• THE DEATH BENEFIT S.A. IS INDEPENDENT OF AGE.

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• MATURITY BENEFIT S.A.

• IS A FUNCTION OF AGE AT ENTRY AND IT VARIES FOR DIFFERENT TERMS.

• IT INCREASES WITH THE TERM OF THE POLICY.

• IT IS PAID ALONG WITH BONUS.

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• ACCIDENT BENEFIT

• FREE OF COST

• EQUIVALENT TO DEATH BENEFIT S.A.

• EXCLUSION• SNAKE BITE IS EXCLUDED FOR THE

PURPOSE OF ACCIDENT BENEFIT.

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• BONUS ACCRUAL

• PROVIDED THE POLICY REMAINS IN FORCE FOR THREE YEARS.

• .

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• AUTO COVER• IF TWO FULL YEARS PREMIUMS HAVE

BEEN PAID FREE RISK COVER IS PROVIDED FOR A FURTHER PERIOD OF TWO YEARS FROM F.U.P.

• DURING THE AUTO COVER L.A. CAN PAY ONE OR MORE PREMIUM IN PIECEMEAL.

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• THE AUTO COVER WILL BE AVAILABLE FROM NEW F.U.P. AGAIN.

• FOR DEATH CLAIM CASES DURING AUTO COVER ALL UNPAID PREMIUMS AND UNEXPIRED PREMIUMS TO COMPLETE POLICY ANNIVERSARY ALONG WITH INTEREST TO BE RECOVERED.

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• BONUS IS PAYABLE ALSO FOR THE PREMIUMS SO RECOVERED.

• BUT• ACCIDENT BENEFIT IS NOT

AVAILABLE DURING AUTO COVER PERIOD.

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• DAYS OF GRACE

• ONE CALENDAR MONTH BUT NOT LESS THAN 30 DAYS FOR YLY, HLY & QLY MODES.

• 15 DAYS FOR OTHER MODES

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•LOAN

•NOT ALLOWED

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• LET US JOIN HANDS TOGETHER FOR THE SOCIAL CAUSE OF UPLIFTING THE POOR AND GRADUALLY BRINGING THEM UNDER THE MAIN STREAM OF ECONOMIC ACTIVITY.

• SO AS TO MAKE INDIA A MORE STRONG ECONOMIC POWER.

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