1 year life insurance cover worth Rs.2 lakh rupees.
Death by any reason eligible – LIC and other life insurance companies to implement.
Premium: 330 per year per person, auto debited from bank savings account.
Breakup: 289 to Insurance co. Rs.30 to agent, Rs.11 to bank.
Eligibility 18-50 years savings account holder.
If he has multiple savings account- he can join only once.
