Guardian Micro Term Insurance Plan
Term
About this plan
A non-linked, non-participating individual term life insurance plan providing protection (death benefit) to the life assured. Targeted at micro borrowers and individuals without formal life cover.
What's included
Key highlights
- Affordable micro protection
- Coverage from NPR 5,000
- Designed for borrowers / micro customers
Features
- Non-linked, non-participating term plan
- Policy term: 1 year
- Death benefit payable to nominees; policy terminates on payment
- No survival/maturity benefit
- No paid-up, surrender value or policy loan
- Without profits (no bonuses)
- Premium frequency: Yearly
Eligibility & term
- Entry age
- 16 – 65 years
- Policy term
- 1 year
Optional riders
Accidental death (ADB)PTD / PWBCritical illness (CI)
No optional riders are attached to this plan.
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Premium
Quote on request