| Who is eligible? | Term Deposit Customers aged between 56-64 years. |
| Nature of cover | Term Assurance |
| Type of Cover | Life Cover(Normal death / death due to accident). |
| Premium |
A828/- p.a. (First year on pro-rata basis)
|
| Sum Assured |
A50000/-
(a 1 lakh if death due to accident)
|
| By arrangement with | LIC |
| Period of cover | One Year |
| Medical Check Up | No(Only Declaration of Good Health required). |
| Tax Benefit | U/s 80 C |
| Renewal Premiums | Paid by debit to your account - automatic until revoked. |