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Whether the optee under SRD scheme can get life insurance cover from other insurance companies separately ?

April 26, 2017companies cover Insurance Life Insurance optee Scheme separately SRD

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Whether the optee under SRD scheme can get life insurance cover from other insurance companies separately ?

1 Answer

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He can have any number of life insurance policies. But, under the group term insurance cover of SRD scheme of our Bank, it is restricted to the maximum amount of Rs. 10 lakhs.