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A Non Linked, Non Participating Group Term Micro-insurance Product
Provide Life Cover to all your Members / Employees at a nominal cost
Option to choose between Fixed or Varying Sum Assured for Members / Employees
Lumpsum payout to Nominee in case of Member’s / Employee’s Death
Pay premium as per your convenience
Hassle free issuance without any Medicals
Provide Life Cover to all your Members / Employees at a nominal cost
Option to choose between Fixed or Varying Sum Assured for Members / Employees
Lumpsum payout to Nominee in case of Member’s / Employee’s Death
Pay premium as per your convenience
Hassle free issuance without any Medicals
Benefits Available Under HDFC Life Group Jeevan Suraksha
In the event of the Member’s / Employee’s death, the Sum Assured as specified in the Certificate of Insurance shall be payable to the Nominee
In case of lender borrower schemes, in the event of the Member’s / Employee’s death under Regulated Entities , the Outstanding Loan amount, shall be payable to You, the Master Policyholder with prior authorisation from the Member at inception, out of the total Death Benefit otherwise payable to the Nominee. Any residual benefit shall be paid to the Nominee or Beneficiary, as applicable
In case of lender borrower schemes under Other Entities , the Sum Assured shall be payable to the Nominee, in the event of the Member’s demise
Once the Benefit has been paid to the Nominee or Beneficiary, the Member Coverage shall terminate and no further benefits shall be payable
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Your Required life cover to protect your family’s future is
ARN: PP/09/24/15875