1 year accidental death-cum-disability cover – 2 lakh for death.
2 lakh if both eyes, hands, legs gone
1 lakh if 1 eye, hand, leg gone.
18 to 70 years savings account holders eligible.
Premium of Rs. 12 per annum per subscriber, auto-debited from your bank account.
Breakup: 10 Rs. to insurance company, 1 Rs. to agent, 1 Rs. to bank.
Validity 1 year, can be renewed.
General insurance companies – public and private sector, will be implementing this.