Saral Suraksha (Short-term)
Term
About this plan
One-year term (protection) life insurance that pays the sum assured on death during the policy year. No maturity benefit, surrender value, or loan facility.
What's included
Key highlights
- Policy term 1 year
- No surrender/loan
- Premium rates per thousand vary by age
Features
- Minimum entry age 18 years
- Maximum entry age 60 years
- Policy term: 1 year
- Minimum sum assured NPR 250,000
- Sum assured payable on death during policy term
- No surrender value or loan facility
- Premium rates specified per thousand by age group
- Discounts available for larger sum assured
Eligibility & term
- Entry age
- 18 – 60 years
- Policy term
- 1 – 1 years
- Sum assured
- From Rs 2,50,000
- Premium modes
- Yearly
Benefits payout
- Death benefit
- Sum Assured payable on death during policy term
- Maturity benefit
- No maturity benefit (no payout at policy maturity)
Optional riders
Accidental death (ADB)PTD / PWBCritical illness (CI)
No optional riders are attached to this plan.
Loan & liquidity
- Policy loan
- Not available
- Surrender allowed
- After 0 years
Other plans from Asian Life Insurance
Premium
Quote on request