CMLIS will provide life insurance coverage of Rs 2 lakh on the demise of the breadwinner due to any cause. Additionally, accidental insurance coverage of Rs 2 lakh each will also be provided for the breadwinner and three other family members. The accidental insurance component covers both disability and death.
In case of accidental death, the sum insured is Rs 2 lakh per beneficiary, Rs 2 lakh in case of total and irrecoverable loss of both eyes or loss of use of both hands or feet, and Rs 1 lakh for total and irrecoverable loss of sight of one eye or loss of use of one hand or foot.
Rs. 2 Lakh Life Insurance Coverage for Breadwinner.
Rs. 2 Lakh Accidental Insurance Coverage for breadwinner and three other family members.
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