EFU Cover Shield Plan
- EFU Cover Shield Plan is one of a kind plan which covers the unsecured credit amounts with the bank in case of death or accidental permanent total disability of the assured person by paying off a lumpsum amount as per the selected variant to the bank and any remaining amount (if any) to the family of the assured person.
- 18 to 65 years.
- Telesales.
- E-Application form.
- Loan Insurance.
- What are the events covered under this plan?
This plan provides coverages for death and accidental permanent total disability.
- Till when will this plan keep me protected?
This is an annual plan which provides you the full coverage for the period/term of one year.
- What is not covered in this plan
Following are the exclusions:
a) Pre-existing condition, which includes disease and
incapacity or bodily injury which existed prior to this coverage;
b) Suicide and attempt to suicide, murder, self-inflicted
injury and illegal act of the insured person;
c) Failure to seek or follow medical advice, taking of
alcohol or drugs;
d) Participating in exercises or operations while serving with of the armed or paramilitary forces or while
performing any form of police duty; and
e) War, invasion, act of foreign enemy, hostilities (whether war be declared or not), armed or unarmed truce, civil war, mutiny, rebellion, revolution, insurrection by military
or usurped power, riot or civil commotion, an illegal organization or an industrial dispute.
- Not Applicable.
-Not Applicable
Account Holders, High Net Worth Clients, Salaried Individuals, Households.