Foreign Employment Plan
TermRecommended
About this plan
Compulsory term life policy for those going abroad for foreign employment. Provides sum assured on death and additional benefits for funeral, repatriation, income loss, disability, critical illness and medical reimbursement.
What's included
Key highlights
- Compulsory term life for foreign employment
- Fixed coverage amount
- Funeral and repatriation expenses included
- Short-term coverage
Features
- Compulsory for foreign employment
- Death benefit: NPR 1,000,000
- Funeral expense: NPR 100,000
- Repatriation expense: NPR 100,000 (with proof)
- Loss of income benefit: NPR 200,000
- Permanent total disability: NPR 1,000,000
- Temporary partial disability: up to NPR 500,000
- Critical illness benefit: NPR 500,000
- Medical reimbursement up to NPR 100,000 for traumatic events and critical illness treatment
- Additional NPR 400 on premium for critical illness coverage
Eligibility & term
- Entry age
- 18 – 64 years
- Policy term
- 1 - 6.5 years
Optional riders
Accidental death (ADB)PTD / PWBCritical illness (CI)
Other plans from IME Life Insurance
Premium / yr
Rs 1,486