Home Loan Seva - Insurance Policies

March 10, 2010

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Since Insurance Policies are one of the collateral security requirement for applying for a home loan this section gives information about some of the Insurance Policies provided by Life Corporation Of India for the purpose.

		JEEVAN MITRA (With Double Accident Benefits):
		This high risk plan is suitable for people who want to make provisions for their dependants during their earning period can opt for this policy. Jeevan Mitra is a higher risk plan that provides double of the opted sum assured in case of death. The main highlight of this plan is that a term rider equal to the sum assured is offered in this policy. This is a profitable policy which earns bonuses at normal endowment rates. In case of Accidental Death Double Amount of the Sum Assured is payable
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		JEEVAN MITRA (With Triple Accident Benefits):
		The person who wants to make provision for their dependants during their earning period can take this policy. Jeevan Mitra is higher risk plan gives triple of opted sum insured in case of death during the period of policy. The main attraction of this plan is that a term rider equal to sum assured offered in this policy. This is a profitable policy, which earns bonus at normal endowment rates. In case of Accidental Death Triple Amount of Sum Assured is payable
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