Date:05/08/2005 URL: http://www.thehindubusinessline.com/2005/08/05/stories/2005080502090600.htm

Back Dena Bank offers cover to clients

Our Bureau

Mumbai , Aug. 4

DENA Bank has launched Dena Jeevan Savings Bank Account scheme to offer life insurance cover to savings deposit account holders under a group scheme of LIC.

A press release here said the customers opting for the scheme are eligible for life insurance cover of Rs 1 lakh under one-year renewable term insurance plan at a nominal cost.

Under the scheme, the customers only have to give a declaration of good health. There is no need for medical tests.

Insurance cover commences on signing the consent- cum-authorisation letter and after the premium is debited to the account.