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State of Uttar Pradesh - Section

Section 7 in Savings-Cum-Insurance Scheme for the Teachers and Employees of State of Aided High and Higher Secondary Schools in Uttar Pradesh

7.

It may be mentioned that in the case of death, the benefit payable under the Deposit Administration Plan will be only the accumulated value of contributions at the rate of Rs. 3.66 per month. Of course in case of death, the sum assured under the One Year Renewable Group Term Assurance Plan will also be payable.