SMART LIFE INSURANCE

The plan is a non-participating single premium one year term assurance plan. It provides pre-decided sum assured on death of the life assured during the policy period.

BENEFITS:
Death Benefit: In the event of unfortunate death of the life assured during the policy term, the Sum assured will be paid to the nominee / beneficiary.
The policy will terminate on payment of the death benefit and nothing will be payable thereafter.

Maturity Benefit: No maturity benefit will be payable under this plan.

ELIGIBILITY CRITERIA:
Minimum Age at Entry:     16 years (Last Birthday)
Maximum Age at Entry:     60 years (Last Birthday)
Policy Term:                        1 year
Premium Payment Term:    Single Premium
Minimum Sum Assured:      NRs. 250,000
Maximum Sum Assured:     No limit, subject to medical and financial underwriting. Sum Assured more than 20 lakhs requires other conventional policies equal to desired sum assured.

 

First Policy Issue Date : 2017-04-18

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