Guaranteed Growth Plan
Endowment
Sum assured
Rs 10,000
Premium / yr
On request
Term
8–25 yrs
Entry age
18–65
About this plan
This is a Non-Linked, Non-Participating, Regular and Single Premium individual micro endowment life plan providing savings and insurance cover. Designed for individuals without formal insurance coverage, especially in the microfinance sector.
What's included
Key highlights
- Micro-targeted endowment plan
- Guaranteed bonuses payable
- Loan available after 3 years (up to 90%)
- Low minimum sum assured: NPR 10,000
Features
- Minimum sum assured: NPR 10,000
- Maximum sum assured: NPR 500,000
- Policy term: 8 to 25 years
- Maturity benefit: Sum Assured + guaranteed bonuses
- Death benefit: Sum Assured + guaranteed bonuses
- Loan & surrender: Available after 3 years
Eligibility & term
- Entry age
- 18 – 65 years
- Policy term
- 8 – 25 years
- Sum assured
- Rs 10,000 – Rs 5,00,000
- Premium modes
- Yearly, Half-yearly, Quarterly, Single
Benefits payout
- Death benefit
- Sum Assured + Guaranteed Additions
- Maturity benefit
- Sum Assured + Guaranteed Additions
Optional riders
Accidental death (ADB)PTD / PWBCritical illness (CI)
No optional riders are attached to this plan.
Loan & liquidity
- Policy loan
- Available
- Surrender allowed
- After 3 years
Other plans from Liberty Micro life Insurance
Premium
Quote on request