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Birla Sun's Credit Guard Plan

MUMBAI, JUNE 8. Birla Sun Life Insurance today launched Credit Guard Plan, as part of its group product portfolio. The plan provides life cover ranging from Rs. 50,000 to Rs. 1 crore.

Under this scheme, the lending institution is the beneficial owner and in the event of the borrowers unfortunate demise, the benefit claim is paid to the lending institution, which also relieves the family member from financial debt.

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