Ranmaga is a unique life policy that increases the sum assured by 5% every year, while the premium payment remain the same. This is an investment plan too, with added financial benefits for protection.

Special features

• Period of cover from 5 years to a maximum of 40 years.
• Additional cover up to the age limit of 65 years & life cover till you reach 70 years.
• Premiums can be made annually, half yearly, quarterly or monthly

Benefits and facilities

• In the event of sudden demise before the end of cover, the total sum assured, plus bonus accrued will be    paid.
• Basic life cover increases by 5% every year with no additions to the premium.
• Periodic bonuses will be added to the sum assured.
• Free life cover, after the maturity of the policy until you reach 70 years of age.

Optional Add – On Benefits

• Additional life cover
• Accidental cover up to 2 times the basic cover if sudden demise is due to an accident.
• In the event of total permanent disablement due to an accident, the benefit will be paid in 10    installments.
• If total or permanent disablement is the result of either an accident or illness, the premium payment for    the remainder of the period under cover will be waived.
• Financial benefits for permanent partial disablement.
• Cover for critical illness.
• Payment of up to a maximum Rs. 5000/- per day for hospitalization from day of admission.
• Extend cover to protect your spouse