Products
Group Term Life Insurance | Onsurity Technologies Pvt Ltd
Product description
Having Group Term Life Insurance has never been made this easy!
What’s Covered?
- Sum Insured payable to the employees’ family (nominee / legal heir) at the time of death of the employee enrolled under the membership.
Terms and Conditions
- Lives between the ages 18 to 59 are only eligible.
- Medical Questionnaire needs to be filled for life aged above 45 or if where the membership plan has Sum Insured under the membership exceeding INR 5,00,000
- One-year suicide waiting period is applicable
- The Group Term Life under the membership plan will cease at the earliest of
a) Member attaining maximum age of 60 years
b) Deactivation of the membership
c) Death during the active membership