Karan Batra

ICAI - LIC Life Insurance Scheme for CA's 2014-11-01

Join CA Protection Scheme & Insure for Life

  1. Karan Batra
    The Chartered Accountants Benevolent Fund of ICAI is facilitating ICAI-LIC Group Life Insurance Scheme for Chartered Accountants and their Spouses.

    This Scheme is effective from 01-01-2007

    Salient Features of the Scheme
    • Highly competitive rate of premium for Insurance.
    • A single premium payment against 3 years of Life Insurance coverage.
    • Rate of premium is varying to the mentioned age group.
    • Members aged between 21 years to 60 years are eligible to join the Scheme.
    • Spouse aged between 18 years to 60 years may join the scheme.
    • However, applicant should be healthy and disease free while joining the scheme. No Health or Medical Underwriting is required at joining of the scheme.
    • Life Insurance Coverage of Rs. 10 Lacs for member of ICAI.
    • Life Insurance Coverage of Rs. 5 Lacs for spouse.
    • Insurance Scheme covers accidental death also.
    • Insurance Coverage doubles in case of accidental death of member/ spouse.
    • 24 hours Global Death risk coverage without any pre–conditions.
    All relevant details of the same can be downloaded from the file attached herewith by clicking on the "Download Now" button
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