Terms

To purchase a term insurance policy for Magnum English Speaking Academy, the following criteria and documents are generally required:

Eligibility Criteria

  1. Age: The applicant must meet the age requirements set by the insurance provider, which typically ranges from 18 to 65 years old [1].
  2. Income Proof: Evidence of income is needed to determine the appropriate coverage amount [3].

Required Documents

  1. Proof of Age: Birth certificate, passport, or any government-issued ID that includes the date of birth [6].
  2. Identity Proof: PAN card, Aadhaar card, or passport.
  3. Address Proof: Utility bills, rental agreement, or passport.
  4. Income Proof: Latest Form 16, salary slips, or bank statements from the last six months [3].
  5. Medical Reports: Depending on the insurer’s requirements, medical examinations may be necessary [5].

Ensure all documents are accurate and up-to-date to avoid delays in the application process.