Crest Micro Life Insurance Unveils CML Short Term Life Insurance (Regular and Single) Scheme

Crest Micro Life Insurance Limited is pleased to announce the launch of its latest offering, the C.M.L. Short-Term Life Insurance (Regular and Single) Scheme. Geared towards prioritizing the financial well-being of the insured class, this innovative scheme aims to provide a unique blend of income, savings, and security.

A key feature of the scheme is the guaranteed annual return—Rs 45 per year per thousand in regular premium paying policies and Rs 50 per year per thousand in single premium paying policies. This distinctive aspect sets the CML Short Term Life Insurance Scheme apart, ensuring a balance between risk coverage and financial growth.

Prospective policyholders, aged between 18 and 60, can avail themselves of this policy with a minimum sum assured of Rs. 10,000. The policy offers flexibility in premium payment frequencies, allowing insured individuals to choose from single, annual, semi-annual, or quarterly payments according to their convenience.

In the unfortunate event of the insured's demise before the end of the insurance period or reaching the age of 70, the policy guarantees a lump sum payout, encompassing the sum assured and the guaranteed amount.