CreditAccess Life - Grameen Sanchay
UIN: 163N012V01
About the product
CreditAccess Life - Grameen Sanchay is a group savings, non-linked, micro insurance plan.
It is specially designed and developed for the female customers of CreditAccess Grameen Limited to help them secure their financial needs and enable protection to their families.
Key Features
- Group members can choose to save an amount as low as ₹ 200 per week.
- Product provides a guaranteed amount either on death during the policy term or on survival.
Eligibility
| Age |
Members between the age of 18 to 65 years |
| Policy Term |
3 to 5 years |
| Premium Payment Frequency |
Weekly / Fortnightly / Monthly |
Other Terms and Conditions
- The product allows the member to save a particular amount frequently for a desired number of years and enables the members to develop a habit of saving on a regular basis.
- For any reason, if a member wishes to discontinue the plan, the member is eligible for the refund of entire premium paid, less ₹ 100 for charges.
- For any reason, if the member discontinues payments and does not withdraw the amount, she can come back and resume contributing to the existing policy. This revival facility is available within 5 years from the first unpaid due date or the policy term whichever is earlier.
Contact us at:
CreditAccess Life Insurance Limited
IRDAI Registration No. 163. CIN - U66020KA2019PLC120540
#595, 1st Floor, 15th Cross,1st Phase, Outer Ring Road,
J.P. Nagar, Bengaluru, Karnataka, India – 560078
Email – service@calife.in
Telephone number – 080-6997 8070
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