What is Salary Savings Scheme?
It is that scheme where the premium is paid from the employee’s salary through monthly deductions by the employer & there will be waiver of 5%, the additional charge of the premium which is added usually for the monthly mode of payment.
Meant by Double Accident Benefit?
What is meant by Double Accident Benefit?
It is that benefit where payment of double the amount of designated benefit is made if the Policyholder is died due to certain kind of accident, also called Double Indemnity.
It is that benefit where payment of double the amount of designated benefit is made if the Policyholder is died due to certain kind of accident, also called Double Indemnity.
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