This plan provides sum assured along with guaranteed bonus to life assured at the end of maturity of the policy term or to the beneficiary on untimely demise of the insured person before term of the policy. This product guarantees Rs 70 per thousand per year return.

The salient features of the plan are as follows:

  • Minimum Age at Entry: 16 Years (Nearer Birthday)
  • Maximum Age at Entry: 60 Years (Nearer Birthday)
  • Minimum  Term: 10 Years
  • Maximum Term: 25 Years
  • Limited payment criteria
Policy TermPremium paying term
10 years6 years
15 years10 years
20 years15 years
25 years18 years
  • Maximum Age at Maturity: 70 Years (Nearer Birthday)
  • Minimum Sum Assured: NRs.5,00,000/-
  • Maximum Sum Assured: Unlimited
  • Mode of Premium Payment: Yearly/Half -yearly

 

Special Features of the policy:

    • Sum assured and bonus of total period at the rate of NPR 70 per thousand per year will be paid to life assured at the maturity of the policy term.
    • In-case of death of insured within policy term, Sum assured and bonus of the period at the rate of NPR 70 per thousand per year will be paid to beneficiary.

 

Discounts:

Discounts on sum assured:

Sum assuredDiscount per thousands
2,000,000 or aboveRs 1
1,000,000-1,999,999Rs 0.5
  

Discounts on payment mode:

ModeDiscount %
Yearly1.5%
Half-Yearly0.75%
QuarterlyNo discount