What is Term Life Insurance?
Protection for you
Life cover at affordable rates so that your loved ones are financially protected
Accelerated Critical Illness (ACI) Benefit
Claim payout on the first diagnosis of covered 34 life-critical illnesses* (optional).
Tax Benefit
Get tax benefits up to `54,600^ u/s 80C & 80D of Income Tax Act 1961
Accidental Death Benefit+
In case of death due to an accident within the ADB term, we will pay your nominee/legal heir the ADB as lump sum
Protection Against Disability
In case of permanent disability7 due to an accident, your policy continues without you having to pay any premiums.
100% Benefit Payout
If diagnosed with a terminal illness8, we pay you the complete Sum Assured.
What is Personal Accident Policy?
All motor vehicle users have the risk of meeting road accidents. Safeguard against these unfortunate events by recommending a personal accident policy, which provides safety against 8 types of accidents including road accidents.
Protection against more than 8 types of accidents that too at prices starting as low as ₹ 399/ year! Wouldn’t you love this?
Benefits:
- Hospitalisation coverage
- Accidental death coverage
- Permanent total disability
- Permanent partial disability
- Temporal total disability
- Hospital Cash
- Air Ambulance
- Funeral expenses
- Child’s education bonus
Type of Accidents Covered:
- Road Accidents
- Fire Accidents
- Falling from Stairs/Falling in bathroom
- Electric shock
| Regards, Team Malewar Mutual Funds & Insurance |
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