Asian Life Insurance has launched “Dampati Surakshya Jeevan Beema Yojana” which offers life insurance facilities to married couples aged over 18 years through a single policy. The new policy provides the whole insurance payment to a person in case of the spouse’s death. Similarly, the alive insured, who will not have to pay the remaining premium after the death of the spouse, will receive additional insurance payment after the maturity. Under the scheme, the company has fixed the maximum age limit of the insured at 50 years and the maturity age limit at 65 years. As of 2012-13, Asian Life has collected premium of Rs 4.77 billion, read the company’s statement.
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