Micro Term Plan
Entry Age
18–60
Policy Term
1–5 yrs
Sum Assured
Varies (min रु.50,000)
Premium
रु. 0 रु./वर्ष
NPR/yr
Coverage
रु. 50,000 रु.
NPR
Description
Short-term (micro) term life insurance plan targeted to provide death cover for families at affordable premiums.
Features
- Micro design — short term with affordable premiums
- Death benefit to provide financial protection to family
- Simple application with minimal documentation
Highlights
- Affordable premium
- Minimal documentation
- Short-term protection
Life Insurance Details
Available Riders
Accidental Death Benefit: An additional amount equal to Base Sum Assured is payable in case of death of the Member during the Policy Term due to Accident
Accidental Total Permanent Disability Benefit: An amount equal to Base Sum Assured is payable in case of Disability of the Member arising from Accident during the Policy Term
Eligibility
Age18 - 60 years
Policy Term1-5 years
