SECTION I : ECONOMIC SECURITY SCHEME TO WOMEN

Basic Cover

For Death -

• For married women - Policy provides compensation of Rs.25 0 in the event of death of husband due to accident.
• For unmarried women - Policy provides compensation of Rs. 25 0 the event of death of the insured to the nominee/legal heir.

Additional Cover For Women

Death/Disablement would mean not only Death/Disablement arising out of accident but also include death during child birth at hospital and surgical operation such as sterilisation caesarean hysterectomy and removal of breast due to cancer provided that it occurs within 7 days from the date of operation.

Premium

Rs.15/- per woman per annum for the basic cover and Rs.23/- per woman per annum for both basic and additional cover.

Additional Accident Cover for Wife

As a special case we can consider in the event death due to accident of married women husband gets the compensation of Rs.25 0 with an additional premium of Rs.9/-. This cover is only death due to accident and disablement is not considered under the policy.

Discounts

Group discount varies from 5% to 30% based on the group size. Long Term Discount ranges from 5% to 20 depending upon the period of insurance.

Unique Features

• Policy provides cover not only for the disablement of women but also for the death of her husband.
• Additional cover provides for Temporary Total Disablement and also for loss/ damage to household goods.