Jeevan Mitra Double Cover

  • Double benefit endowment plan that provide a new dimension to the concept of insurance security. High security at very low cost
  • Jeevan Mitra not only helps to make provisions for the family of the Life Assured in the event of his early death, but also assures a lump sum at the desired age.
  • For a small extra cost over conventional endowment plan, it offers riskcover which is 2 times the basic sum assured + bonus
  • WIDE CHOICE OF TERM - can be easily aligned with your family objectives
  • LIQUIDITY - You have an option to surrender the policy & receive the cash value after payment of premiums for 3 years
  • MATURITY - Sum Assured + Bonus + Final Addition Bonus (as applicable) will be paid.
  • Premiums paid are TAX EXEMPTED u/s 80 C
  • Maturity amount is TAX FREE u/s 10 (10) (D).
  • Optional Add on Riders:
    • Double Accident Benefit (DAB) three times the sum assured is paid in case of death due to accident
    • Critical Illness Rider Pays the sum assured under this rider on occurrence of any critical illness. Wide list of illnesses are covered. There is also a Premium Waiver option in case the critical illness claim is made



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