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Policyholder has to fill up an `Application form/ proposal form online and provide self-attested copies of KYC/AML Documents.
On death of the policyholder, the Sum Assured is paid to the nominee Income tax benefit on the premium paid as per Section 80C and on the claims received as per Section 10(10D) of the Income Tax Act.
Details About Premium Annual premium in Rupees for a policy term of 25 years: Policy Details Grace Period: 30 days grace period is allowed for payment of premium Policy Termination or Surrender Benefit: the policy has no Surrender Value Free Look Period: If you would not be pleased with the coverage, and terms and conditions of the policy, you have the option of canceling the policy within 30 days of receipt of the policy documents, provided there has been no claim. Exclusions In case of suicide committed within 12 months of policy inception or revival only 80% of premiums paid are returned to the nominee.
Introduction/Overview Click 2 Protect is a traditional Term insurance plan available online providing high coverages at very low rates Key Features It is a pure term insurance plan with Regular premium paying options Easy and hassle-free application process
