LIC's Group Term Insurance Schemes:


Different Schemes:

• Group (term) Insurance Scheme has a number of varieties .
•  The Scheme may provide for a uniform cover to all members of the group or graded covers for different categories of members, cover for all amounts of outstanding housing loans or vehicle advances, or some other benefits (e.g., life cover to supplement pension or PF benefits in case of death). 
• The schemes may have add-on s like Double Accident Benefit,Critical Illness Benefit, Disability benefit etc.