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MORTGAGE PROTECTION

Basic Sum assured will be equal to the loan amount at the beginning. Sum Assured will decrease with the payment of loan installments. Outstanding loan will be payable on death of the life assured or on occurrence of total permanent disability during the policy term. Policy can also be issued as a joint policy when loan is taken jointly.

The following riders can be added to this policy.

1. Total Permanent Disability Due to accident or sickness

 

   

 

 

 

 

 

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