Jeevan Mitra policy has two types- Double cover endowment plan and Triple cover endowment plan.
It is meant for provision of protection against death in financial terms, during the policy term and payment of maturity sum In case of survival of the life assured till the end of the plan term.
- Easy options of premium paying terms and modes.
- Being a with profits plan, gets a part of the corporation’s profits.
- Surrender value available in case of early termination of the policy.
- Guaranteed surrender value equivalent to 30% of premiums paid after the first year.