Union Life Insurance launches Union Jeevan Deep insurance scheme; claims to provide maximum insurance coverage with the minimum premium amount

Union Life Insurance has launched its new Union Jeevan Deep insurance scheme targeting the individuals with limited source of income where the insured can receive maximum insurance coverage at a minimum rate of premium.

Under the scheme, the nominee of the insured will receive full insurance coverage following the death of the insured, additional insurance coverage in case of the death due to accident, and exemption in insurance premium throughout the remaining period of insurance coverage in case of permanent physical disability.

Interested individuals between 16 to 60 years can opt for the insurance coverage beginning from Rs 3 lakh from 5 years to 25 years, as per the media statements.