This plan provides sum assured along with vested bonus to life insured at the end of maturity of the policy term or to the
beneficiary on untimely demise of the insured before term of the policy. Under this plan, certain fixed percentage of sum
assured is paid to the policy holder every year starting from second year till maturity. At the maturity the policy holder receives
remaining sum assured and accrued bonus. This plan is specially designed for those who want regular inflow of cash within policy term.

The salient features of the plan are as follows:

  • Minimum Age at Entry : 16 Years (Nearer Birthday)

  • Maximum Age at Entry : 55 or 50 Years (15 or 20 Years Term – Nearer Birthday)

  • Policy Term : 15 or 20 Years

  • Maximum Age at Maturity : 70 Years (Nearer Birthday)

  • Minimum Sum Assured : NRs. 1,00,000/-

  • Maximum Sum Assured : Unlimited

  • Mode of Premium Payment : Yearly/Half-Yearly/Quarterly

  • Riders : ADB,ADB/PTD+PWB, Critical Illness

Rider Benefit

ADB

In case of death of life insured due to accident during the policy term, the company shall pay additional sum assured (Maximum sum assured for the rider is NRs. 30,00,000/- or basic sum assured whichever is lower) to the nominee of life insured.

PTD+PWB

In case of permanent total disability of insured due to accident during the policy term, remaining premium will be waived and disability benefit will be paid up to 10 years (Maximum sum assured for both of these riders is NRs. 30, 00, 000/- or basic sum assured whichever is lower). ADB rider is compulsory to avail PTD+PWB rider.

Survival Benefits

  • In case of 20 years policy term, 5% of Sum Assured is paid to the policy holder every year starting from second year till maturity.

  • In case of 15 years policy term, 6% of Sum Assured is paid to the policy holder every year starting from second year till maturity.

  • In both 15 and 20 years term of the policy, the policy holder receives remaining sum assured and accrued bonus at maturity.

  • In case of death of insured (life assured) within policy term, sum assured and accrued bonus will be paid to the nominee without deducting survival benefit/s paid earlier.

Discount

Discounts On Sum AssuredDiscount On Payment Mode
NRs. 5, 00, 001 and above – NRs. 2Yearly – 2%
NRs. 3, 00, 001 to 5, 00, 000 – NRs. 1Half-Yearly – 1%
NRs. 1, 00, 000 to 3, 00, 000 – No DiscountQuarterly – No Discount