Third Party Life Insurance
The Jammu and Kashmir Multipurpose Co-operative Limited offers a Third Party
Life Insurance Facility to its valued members with the aim of providing financial
protection and security. Under this facility, the society assists members in
accessing a wide range of life insurance plans through trusted and registered
insurance companies.
This service is ideal for individuals who wish to secure their family’s future, plan
long-term savings, and ensure financial stability in case of unforeseen events.
Key Benefits
- Quick and hassle-free policy processing.
- Multiple plan options (Term Plan, Endowment Plan, Child Plan, Money Back Plan, etc.)
- Minimal documentation and simple procedure.
- Partnership with reliable third-party insurance providers.
- Transparent and secure process
- Financial protection and future planning for families
Terms & Condition
This insurance facility is provided through third-party insurance companies; the
society is not an insurer.
Policy approval, premium amount, benefits, and tenure are determined by the
respective insurance company.
The applicant must complete KYC verification and submit all required
documents.
The society acts only as a facilitator and is not responsible for policy approval or
rejection.
Premium payments and all financial transactions will be made directly with the
insurance company.
Any claim, delay, or dispute will be the sole responsibility of the respective
insurance provider.
All benefits, bonuses, or returns are subject to the terms and conditions of the
insurance company.
The society reserves the right to modify its policies at any time without prior
notice.
Important Note
This facility is available only to registered members of the society. Applicants are advised to carefully read all terms and conditions before applying.