Loan Insurance: Aatmanirbhar LBS has been providing the following insurance scheme for members taking loan or their nearest one mentioned in the insurance in case meeting with an accidental death. The duration of insurance is two years. The member taking loan for this insurance must pay a premium of 0.53% at the time of taking loan and for the insurance of her husband an amount of Rs 100 should be paid.
|1||Death due to sickness||100% of the loan taken|
|2||Death due to Accident||150% of the loan taken|
|3||Fully disabled due to Accident||50% of the loan taken|
|4||Funeral Expense||28% of the loan taken|
|5||Death of member’s husband||Rs 25650|
All staff working for Aatmanirbhar LBS are provisioned to take benefit of the following accidental, Health and Covid-19 insurances.
|1||Covid-19 Insurance||Rs 100000/-|
|2||Accidental Insurance||Rs 700000/-|
|3||Health Insurance||Rs 100000/-|