About the Policy
Raheja QBE’s Group Loan Insurance is designed specifically for new and existing customers of financial institutions. This insurance provides coverage and benefits for unfortunate events, personal accidents and critical illnesses. In addition to these, it also covers hospital cash (daily) and offers loss of job cover for the borrowers.
Moreover, this Group Loan Insurance also offers coverage against loans like Personal Loan, Housing Loan, Auto Loan, Gold Loan, Business Loan, Merchandise Loan, and Consumer Durable Loans.
Important details
Features
- Accidental Death
- Permanent Total Disablement
- Permanent Partial Disablement
- Child Education Benefit
- Critical Illness
- Utility Bill
- Hospital Daily Cash Benefit
- Involuntary Loss of Job
Exclusions
Any breach of law with criminal intent conducted by the insured person
Any damage caused by nuclear weapon materials
Any result of self-destruction or self-inflicted injury or suicide.
Refer to the policy wording for more details.