ICICI-Prudential has launched a life insurance cover for lower-income groups which is its first micro-insurance product called the Sarv Jana Suraksha plan.

Features
1. The premium is independent of age in the age group of 18-55 years
2. The term/tenure of the plan is 5 years
3. It offers a minimum sum assured of Rs 5,000 with an upper ceiling of Rs 50,000.
4. The maximum age at entry is 60 years