Key Benefits of Protective Monthly Sanchay
Lower premium; higher protection
Choose the term & payment option of your desire
Pay less & get most out of your policy
A Term plan that is just like endowment Insurance
The simplest Insurance plan that allows you to cut out all the frills and maximize your Insurance Coverage at the most affordable premuims.
The easy savings plan focuses on your convenience with comparatively lower premium rates and a pre-defined maturity value.
Get both Insurance & Guaranteed Savings at the least possible premiums for the coverage amount.
Features and benefits of Protective Monthly Sanchay includes:
- Coverage upto 20 Crore
- Enjoy guaranted maturity benefits
- Flexibility at your hands [Terms 5 years to 52 years]
- Convenient Premium Payment Options [Monthly, Quarterly, Half-Yearly & Yearly]
- Get Rebate on your Income Tax on Yearly Paid Premiums
- Loan Facility
- You can also opt for reduced paidup option for ease of policy continution
- Enjoy attractive discounts at our partner hospitals & cilinical labs with Protective Life Card
- Open you door to a rich network of more than 270 partner Hospitals & Clinical Labs
- This plan also allows you to avail following add-ons [riders] just for a liitle more premium: These riders are very popular among our customers.
- Option to avail Additional Accidental Coverage [PDAB/DIAB]
- Hospitalization Benefits upto 5 Lac for Yourself and every family members [Spouse & Child] individually
Terms & Conditions of Protective Monthly Sanchay:
- Age: Min. 20 years to Max 65 years. At Maturity age cannot exceed 70 years
- Loan, Reduced Paidup & Surrender option is also applicabale after successful completion 2 [Two] years tenure of the policy
- Premiun Convertion Rate:
- Yearly to Monthly = Yearly Premium X 0.0925
- Yearly to Quarterly = Yearly Premium X 0.275
- Yearly to Half Yearly = Yearly Premium X 0.525
- To enjoy Life Card Facility policy have to remain inforce
- Minimum Coverage amount is 1 Lac