You need to pay premium one time as single premium only. There is no monthly, quarterly or half – yearly mode.
FAQ Tag: insurance cover
How much is the sum assured under the plan?
The sum assured is the multiple of the single premium (excluding GST) you have paid, and the policy term chosen by you. The minimum sum assured is Rs. 5000 and maximum is Rs. 1,00,000.
What is the maximum premium I can pay under the plan?
Maximum premium is Rs. 10,000 under the plan irrespective of the policy term chosen for one policy. The insured can buy policies further up to the limit of sum assured being 5,00,000.
How much is the minimum premium I need to pay to get the cover under the plan?
The plan offers life insurance cover with premium as low as Rs.1000.
What is the minimum and maximum maturity age under the plan?
The minimum maturity age is 23 years and maximum 50 years under the plan.
At what age I can buy the plan?
To buy the plan your age at entry should be minimum 18 years and maximum 45 years in case of 5 year Policy term and minimum 18 years and maximum 40 years in case of 10 year policy term.
What are the policy term options under the plan?
The policy term is fixed at 5 years or 10 years under the plan. You can choose either of the two options as per your need.
What is the age eligibility for this cover?
Individuals in the age group of 18–59 years can purchase standalone policies provided he/she is not ineligible as per the terms and exclusions of the cover.
What am I covered for under this policy?
This cover shall cover you for the Hospitalization costs incurred in case you are tested positive for Corona Virus Disease. (COVID-19).
The benefits that can be availed under this policy are as follows:
| Feature | Coverage Details |
| Pre | Post hospitalization days | 30 Days | 60 Days |
| Room rent Restriction | No restriction |
| ICU Limit | No restriction |
| Road Ambulance | 1% of the SI |
| Second Medical Opinion | Covered |
