Key Features
Employers who want a single, easy to sign up plan to ensure financial protection for their employees against critical illness or terminal illness in one policy.
Critical illness and terminal illness benefit for all employees in one policy
Up to 25 critical illnesses covered.
Flexibility to add or delete employees any time in the policy year
Employers who want a single, easy to sign up plan to ensure financial protection for their employees against critical illness or terminal illness in one policy.
Critical illness and terminal illness benefit for all employees in one policy
Up to 25 critical illnesses covered.
Flexibility to add or delete employees any time in the policy year
Plan Benefits
View the benefits available for you
- Features
- Critical Illness
- Terminal Illness
Features
Features
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In these days of increasing stress, health is a major concern for all of us. As an employer, keeping your employees financially secured against major Critical Illnesses can be of huge mutual interest.
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This rider has been designed to offer an enhanced financial protection for your employees in case they suffer from any Terminal Illness or the covered Critical Illnesses during the policy term.
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This rider pays out the chosen percentage of the Rider Sum Assured on the diagnosis of the Critical Illness and/or Terminal Illness.
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This can help tide over immediate medical expenses or maintain your life style in case regular income source is disturbed.
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On start of this rider, you have to choose what percentage of the sum assured will be paid on diagnosis of the covered critical illnesses.
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You pay premium for benefits for one year after which you can renew the plan.
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The Company buying the policy (Master Policy Holder) can save income tax on the premium paid under the Income Tax Act, 1961.
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All the members can be covered under one Master Policy. Underwriting guidelines are simplified and no medical required till certain life cover amounts
Check Eligibility Criteria
ELIGIBILITY CRITERIA
Minimum / Maximum Age at Entry |
Minimum Age: |
Rider Cover Ceasing Age |
66 Years(for Critical Illness Benefit) |
Sum Assured (min) |
₹ 1,000 per member |
Premium Payment Frequency |
Annual |
Sum Assured (max) |
For Critical Illness: |
Policy Term |
1 Years |
Premium Payment Term |
Annual, Half-Yearly, Quarterly and Monthly |
Minimum Group Size |
For Employer-Employee Group: 10 members |
Maximum Group Size |
No limit.(as applicable to the base policy to which the rider is attached) |
ARN: PP/09/24/15878