Page 330 - Misc Ebook IC 78
P. 330
The Insurance Times
will but never goes below the basic sum insured. This is
known as cumulative bonus.
If the insured continues the policy without any break, he
is entitled to another benefit, reimbursement of medical
checkups once in every four underwriting years subject
to no claim requested during this period. The cost is
restricted to 1% of the average sum insured during the
block of four years.
Group mediclaim policy - the group mediclaim policy
is available to any group or association or institution or
corporate body, provided it has a Central Administration
point and subject to a minimum number of persons
covered. The insured should cover all eligible members
under one group policy different categories of eligible
members are not allowed to be covered under different
group policies.
The group policies issued in the name of the group or
association or institution or corporate body with the
schedule of names of the members, including he is her
Website: www.bimabazaar.com Call: 033-22184184 / 40078428 326
Copyright@ The Insurance Times. 09883398055 / 09883380339
