This pure Term Assurance plan provides risk cover at a low-cost to the policyholder.

This is by far the cheapest initial policy to buy; cheaper than even a whole life policy to start with.

The plan will be allowed to Standard and Sub-standard lives (upto Class VI EMR). In case of female lives, this plan will be restricted to Category I and II lives only. Physically handicapped persons will not be eligible for this Plan.

Persons following hazardous occupations attracting an Occupation Extra of Rs.4/- or more per Rs.1000/- Sum Assured will not be eligible for the plan. Cost of medical examination will be borne by the Corporation.

a) Standard age proof will have to be submitted along with the Proposal Form.

b) Proposals will be considered on the basis of Medical Reports and Special reports (if any).

c) Cost of medical examination (including Special reports, if any) will be borne by the LIC as per rules.

d) The Basic Sum Assured under this plan will be the basis for medical examination and SUC.

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