LifeShield Advantage plan-lifeshield-advantage-plan

LifeShield Advantage plan ensures prosperity to the customers and well-being for their loved ones. This policy offers a comprehensive coverage at a nominal premium rate and provides the option to the customers to choose a suitable insurance coverage, policy premium term, and premium payment frequency according to their needs. Policyholders also have an additional advantage of choosing enhanced protection against disabilities caused by accidents. LifeShield Advantage – Key Features ivaLow premium rates are available. Two options for life coverage are available for policyholders depending on their choice of coverage. No limit on the maximum sum assured in case of Option A i.e. life protection, so the insured can go for a high level of a cover according to their suitability. The policy offers 100% sum assured as a lump sum on death of the policyholder in case of life protection. For life cum disability protection, the policy offers 100% sum assured plus the return of premiums. There is an option of coverage for total permanent disability caused by accidents. The policy offers a single premium payment option or regular payment option over the policy term, as per the convenience of the policyholder.