IB Vidyarthi Suraksha (With PNB-Metlife)
IB Vidyarthi Suraksha (With PNB-Metlife) | |
Eligibility | All Educational Student Borrowers (New & Existing) |
Age Group | 15-60 years Maximum exit [at]70 years |
Coverage | Minimum Rs.0.10 lakhs Max.Rs.500.00 lakhs |
Waiting Period | First 90 days except in case of accidental death |
Claim Amount | Equal to the outstanding loan amount as per the schedule with the minimum sum assured of Rs.10,000/- and maximum sum assured of Rs.5,00,00,000/- |
By arrangement with | PNB-MetLife |
Period of cover | Minimum 3 years Maximum 25 years |
Medical Check Up | No Medicals
a) For Rs.75.00 lakhs upto 40 years For Medicals Contact : Mr.Anbumane Gopal / Mr.K.Prabhuram Email: anbumane.gopal[at]pnbmetlife[dot]com |
Tax Benefit | Under 80 C of I.T.Act |
Commencement of risk cover | Date of debit of Premium from Borrower`s Account |
Insurance Premium | Onetime single premium at the time of commencement |
( Last modified on Mar 21, 2024 at 03:03:53 PM )