SOP FOR SAFETY PROTOCOL ON RESUMPTION OF COVID 19 IN SCHOOL

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 Participation in Profits: The policy shall participate in profits of the Corporation and shall be entitled to receive Simple Reversionary Bonuses declared as per the experience of the Corporation during policy term provided the policy is in full force.

Final (Additional) Bonus may also be declared under the plan in the year when the policy results into a death claim during the policy term or due for the survival benefit payment provided the policy is in full force and has run for the certain minimum term.

LIC’s Accidental Death and Disability Benefit Rider: LIC’s Accidental Death and Disability Benefit Rider is available as an optional rider by payment of additional premium during the policy term. In case of accidental death during the policy term, Accident Benefit Sum Assured will be payable as lumpsum along with the death benefit under the basic plan.

STD 6 TO 8 SCHOOL START SOP TELECONFERENCE

DATE:-01/09/2021 WEDNESDAY

TIME:- 12:00 TO 12:30 

VANDE GUJARAT CHANNEL 5

SOP guidelines Gujarati Pdf:- Click Here

SOP materials Gujarati pdf:- Click Here

In case of accidental permanent disability arising due to accident (within 180 days from the date of accident), an amount equal to the Accident Benefit Sum Assured will be paid in equal monthly installments spread over 10 years and future premiums for Accident Benefit Sum Assured as well aspremiums for the portion of Basic Sum Assured which is equal to Accident Benefit Sum Assured under the policy, shall be waived.

Rider sum assured cannot exceed the basic sum assured. For more details, refer to the product/rider brochure or contact Axis Bank.For more details, refer to nearest Axis bank branch.

Disclaimers:Life Insurance coverage is available in this Product. This Life Insurance Product is offered and Underwritten by Life Insurance Corporation of India. The Life Insurance contract is between the Proposer and Life Insurance Corporation of India.

For more details on the risk factors, Terms and Conditions, please read the sales brochure carefully before concluding a sale. You may be entitled to certain applicable tax benefits on your premiums and policy benefits. Please note all the tax benefits are subject to tax laws prevailing at the time of payment of premium or receipt of benefits by you. Tax benefits are subject to changes in tax laws. Insurance is the subject matter of solicitation.

The purchase of a Life Insurance Corporation of India product by Axis Bank’s customer is purely on a voluntary basis. As Axis Bank is not in the business of insurance, there is no link either direct or indirect between the banking services offered by the bank to its customers and use of the insurance products.