The company has introduced this plan to meet the financial needs of life assured during the term of policy wherein certain
percentages of sum assured are paid to life assured at certain fixed intervals.
Payment percentage of sum assured and time interval is as follows:
Term | Time interval and percentage of sum assured to be paid | ||||||
---|---|---|---|---|---|---|---|
4th year | 5th year | 8th year | 10th year | 12nd year | 15th year | 20th year | |
12 years | 25% of sum assured | – | 25% of sum assured | – | 50% of sum assured along with vested bonus | – | – |
15 years | – | 25% of sum assured | – | 25% of sum assured | – | 50% of sum assured along with vested bonus | – |
20 years | – | 20% of sum assured | – | 20% of sum assured | – | 20% of sum assured | 40% of sum assured along with vested bonus |
- Minimum Age at Entry: 16 Years (Nearer Birthday)
- Maximum Age at Entry: 50 Years (Nearer Birthday)
- Premium Paying Term: 12, 15 or 20 Years
- Maximum Age at Maturity: 70 Years (Nearer Birthday)
- Minimum Sum Assured: NRs.50,000/-
- Maximum Sum Assured: Unlimited
- Mode of Premium Payment: Yearly/Half -yearly/Quarterly
- Riders: ADB,PTD+PWB