HDFC Life Group Credit Suraksha

HDFC Life Group Credit Suraksha

HDFC Life Group Credit Suraksha (Micro-Insurance Product) is a Non Linked, Non Participating Group Credit Micro-insurance Product. This product has been specially designed for the Members of Micro Finance Institutions, Co-operatives, Self Help Groups, NGOs, etc to provide protection against financial liabilities.

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  • Option to choose between Level or Decreasing Cover
    1. Flexibility to pay Single, Limited or Regular Premium
      1. Flexibility to avail life coverage on Single or Joint Life basis
        1. Hassle free issuance without any Medicals
          • DEATH BENEFIT
            1. Level Cover
              In the event of the Member’s death, the Sum Assured as specified in the Certificate of Insurance shall be payable to the Nominee
            2. Decreasing Cover
              In the event of the Member’s Death, Decreasing Sum Assured shall be payable to the Nominee as per the Repayment Schedule

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              Please refer to the Product Brochure for complete details of the product