In the event the life insured survives to the end of the policy term, we shall pay to you No rider can be opted under this option and this option cannot be discontinued except due to the unfortunate demise of either of the lives who are insured. You can opt for this option at the inception of the policy subject to the attained age of primary life insured and secondary life insured is less than or equal to 50 years. The sum assured applicable for your spouse shall be equal to 20% of your applicable sum assured. you (primary life insured) and your spouse (secondary life insured) are covered under the same policy and also jointly own the policy. In case of the unfortunate demise of the life insured during the policy term, the Sum Assured on Death 2 will be paid to the nominee in 10 equal annual instalments. ABSLI Pradhan Mantri Jeevan Jyoti Bima YojanaĪBSLI Group Bima Yojana Plan (Micro Insurance)
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