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Coverage Options: As a master policy holder, you have the option to choose the life cover for your members as flat, graded, Future Service Gratuity(FSG), Group Term in lieu of EDLI, a multiple of Cost of Company (CTC) or any other criteria as mutually agreed with the company.
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Profit Sharing: You have the provision to opt for profit sharing arrangement at inception or renewal of the scheme subject to the prevailing rules and regulations
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Flexibility in Premium Payment: You have the option to pay your premiums annually, semi-annually, quarterly or monthly
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No Medical Requirements: No medical examination is required up to Free Cover Limit, subject to insurability conditions
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Flexibility to Revise Life Cover: You have the flexibility to revise the Sum assured as per any change in the Sum assured variables.
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Revision in Premium Rates and other terms and conditions: This is an annually renewable plan where you have the option to renew the plan with revised terms and conditions including premium rates
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Spouse Cover: Your members have the option to cover their spuses at group rates
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Tax Benefits: The tax benefits are as per the prevailing law and are subject to changes.
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