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1800-266-9777 (All Days, from 9am to 9pm, Toll Free)

Why is HDFC Life Group Micro Term Insurance just right for you?

A Non-Participating Non-Linked Group Micro Term Insurance Plan

  • The product is specially design to cater the employees of Micro Finance institutions, co-operatives and Members/employees of the other homogenous groups.

  • Provide Life cover to the members at a nominal cost.

  • Option to choose Two Year Single Premium Contract.

  • Option to choose a Joint Life cover with spouse coverage at attractive rates.

  • Available without any Medical examinations.

  • Lorem ipsum dolor sit amet, consectetur adipiscing elit
  • Lorem ipsum dolor sit amet, consectetur adipiscing elit
  • The product is specially design to cater the employees of Micro Finance institutions, co-operatives and Members/employees of the other homogenous groups.

  • Provide Life cover to the members at a nominal cost.

  • Option to choose Two Year Single Premium Contract.

  • Option to choose a Joint Life cover with spouse coverage at attractive rates.

  • Available without any Medical examinations.

  • Lorem ipsum dolor sit amet, consectetur adipiscing elit
  • Lorem ipsum dolor sit amet, consectetur adipiscing elit

Your Plan Benefits

View the benefit available for you

  • 4 Step Process
  • Features

4 Step Process

Check Eligibility Criteria

ELIGIBILITY CRITERIA

Minimum / Maximum Age at Entry1

Variant 1 - 18 years to 65 years (age as on last birthday)
Variant 2 - 18 years to 64 years (age as on last birthday)

Minimum / Maximum Maturity Age

Variant 1 – 19 years to 66 years (age as on last birthday)
Variant 2 – 20 years to 66 years( age as on last birthday)

Policy Term

Variant 1 - One Year Renewable Term.
Variant 2 – Two Year Term

Premium Payment Frequency

Variant 1 - Annual, Half-yearly, Quarterly and Monthly
Variant 2 – Single Premium

Minimum Sum Assured (₹.)

₹ 1,000 per member

Maximum Sum Assured (₹.)

₹ 2,00,000 per member

Minimum Group Size

Group: 5 members

Maximum Group Size

No Limit

1. In Joint Life Option Both Life should meet the Criteria of Minimum and Maximum Age at Entry

ARN: EU/07/22/28282