Micro Term
न्यूनतम बीमा रकम
रु.5,000
अधिकतम बीमा रकम
रु.500,000
प्रवेश उमेर
16-65 वर्ष
Premium
रु. 0 रु./वर्ष
NPR/yr
Coverage
रु. 5,000 रु.
NPR
Description
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.
Features
- Non-linked, non-participating term plan
- Sum assured range: NPR 5,000 to NPR 500,000
- Policy term: 1 year
- Entry age: 16 to 65 years
- Maximum maturity age: 66 years
- 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
Highlights
- Affordable micro protection
- Coverage from NPR 5,000
- Designed for borrowers / micro customers
Life Insurance Details
Eligibility
Age16 - 65 years
Policy Term1 year