Thursday, 10 January 2013

Bima Account


This is a non-linked plan custom made to provide all the facilities an insurance plan is expected to provide. It is a simple enough plan which provides a guaranteed return and the proposer need not go through a medical examination. The premiums you pay will go into a dedicated policyholder’s account and the risk cover is provided after deduction of mortality charges. If you have paid all the premiums due, the amount in this account will earn an annual interest of 6% p.a. Loan facility is also available under this plan.



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