The plan is a non-participating term assurance plan. It provides pre-decided sum assured to the beneficiary on death of the
life assured during the policy period. To cover high risk in low premium is the specialty of this product.Salient Features:
- Minimum Age at Entry: 16 years (Nearer Birthday)
- Maximum Age at Entry: 65 Years (Nearer Birthday)
- Minimum Premium Paying Term: 5 years
- Maximum Premium Paying Term: 25 years
- Maximum maturity Age: 70 years
- Minimum Sum Assured: NRs.2,50,000/-
- Maximum Sum Assured: Unlimited
- Mode of Premium Payment: Yearly/Half -yearly/Quarterly
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.