Question : The Life Insurance Corporation of India has launched a new savings insurance policy called Dhan Rekha with effect from __.
a. December 13, 2021
b. December 10, 2021
c. December 09, 2021
d. December 08, 2021
Ans. a.
Related facts —
- The Life Insurance Corporation of India launched a new savings insurance policy called Dhan Rekha with effect from December 13, 2021.
- It is a non-linked, non-participating, individual savings life insurance plan.
- The product has various benefits and unique features. Such as
- There are special premium rates for female Lives.
- Plan is allowed to Third Gender. All Benefits under the plan are
fully Guaranteed. - It pays a percentage of the basic sum assured as a survival benefit at regular intervals of the premium-paying term.
- Under this plan, the minimum sum assured is Rs 2 lakh, with no
upper restriction on the maximum sum assured. - The minimum age to enter ranges from 90 days to 8 years.
6 The maximum age at entrance can range from 35 to 55 years
old.