Periodic Micro Life Insurance Plan
Endowment
Sum assured
Rs 10,000
Premium / yr
Rs 1,875
Term
5 yrs
Entry age
18–60
About this plan
Periodic micro life insurance targeted at low-income earners. Allows small sums assured with low premiums and simple claim procedures.
What's included
Key highlights
- Sum assured NPR 10,000-100,000
- Entry age 18–60
- Policy term 5 years
- Lump-sum payout (Sum Assured + Bonus)
Features
- Targeted at low-income earners
- Small sum assured (NPR 10,000–100,000)
- Affordable premiums
- Simple lump-sum claim payouts
- Minimal paperwork
- Required docs: proposal form and ID copy
Eligibility & term
- Entry age
- 18 – 60 years
- Policy term
- 5 – 15 years
- Sum assured
- Rs 10,000 – Rs 1,00,000
- Premium modes
- Yearly, Half-yearly, Quarterly
Benefits payout
- Death benefit
- Sum Assured + Bonus
- Maturity benefit
- Sum Assured + Bonus
Declared bonus
Rs 42–75 / 1,000
FY 2080/81
Declared range for the fiscal year shown — the exact rate depends on the plan and term. Rates are revised annually and are not guaranteed for future years.
Optional riders
Accidental death (ADB)PTD / PWBCritical illness (CI)
No optional riders are attached to this plan.
Loan & liquidity
- Policy loan
- Not available
- Paid-up value
- No
- Partial withdrawal
- No
Other plans from Asian Life Insurance
Premium / yr
Rs 1,875