Under this plan, the premium for the entire policy term can be paid as a single payment or for a limited term. At the time of maturity of the policy or in case of unfortunate death of the life assured, lump-sum payment of insured sum assured with bonus will be paid to the beneficiary. Under Option 2 of this plan, in case of unfortunate death of the life assured, lump-sum payment of insured sum assured with bonus will be paid to the beneficiary plus at the maturity period basic sum assured will be paid to the beneficiary as an additional benefit.
|Minimum Sum Assured||NPR 50,000|
|Maximum Sum Assured||No limit (based on income)|
|Minimum Entry Age||16|
|Maximum Entry Age||65|
|Maximum Maturity Age||70|
|Policy Term||5, 10, 15, 20, 25|
|Premium Paying Term||Single|
Option 1 Benefits:
Option 2 Benefits:
Insurance Premium is to be determined based on the age of insured, policy term and requested coverage amount.
With the payment of additional premium, follow additional benefits can be taken:
Min Entry age: 18, Max Entry age: 55, Max policy maturity age: 60, Maximum coverage: Rs. 50,00,000.
Policy Issue Date: 2018-01-03