DHFL Home Loan gives you the Insurance Benefits
Dewan Housing finance corporation ltd provide you a Life insurance plan .DHFL is associated with SBI Life & its offer you Amar Chhaya”plan for you future
Amar Chhaya is a unique home loan linked life insurance plan which provides you & your family complete security .SBI Life will take the responsibility to repay the balance loan amount in the event of death. Existing customers will also take the this Amar Chhaya plan
What is Benefits of Amar Chhaya Plan?
- Life cover for the entire period of the home loan
- SBI Life pays the balance loan amount directly to DHFL in the event of death, hence providing complete freedom to the family
- Protects the home loan customer against death due to any reason
- Insurance cover up to age 70 of the customer, or the last date of repayment, whichever is earlier?
- Single premium for the entire duration of the loan
- Availability of additional loan from DHFL to cover the premium amount
- Minimum age should be 18 years & above
- Maximum age should be 60 years
- Maximum cover age is 71 years
- Validity period of insurance cover is 5 years-20 years
- You get the tax benefits also
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Eligibility for Amar Chhaya Plan
Amar Chhaya is the name of the value added benefit offered by DHFL to its' customers. Insurance cover is provided by SBI Life Insurance Co. Ltd. Who alone bears the insurance liability?