The plan is specially designed Endowment product to cover the wide range of risk for our social communities of Nepal:
The insured amount (sum assured) together with bonus is payable on maturity date and full insured amount (sum assured) again payable on death of life assured after maturity.
- In case of death before maturity date under inforce policy, the insured amount (sum assured) and whatever bonus declared is payable.
- insured amount (sum assured) is payable in case of death of the policy holder after maturity of policy term.
- Minimum insured amount (sum assured) is Rs. 100,000 and no limit for maximum insured amount (sum assured) depending upon the income source of the proposer.
- Minimum entry age is 16 yrs and maximum entry age is 65 yrs.
- Minimum term is 5 yrs and maximum term is 54 yrs or maximum age of 70 yrs which ever is earlier.
- The mode of payment is either yearly, half yearly or quarterly.
First Policy Issue Date : 2006-06-28No Of Views : 30389