MetLife Nepal
Life Insurance

Rural Term Insurance

by MetLife Nepal

Group / माइक्रो

इशु उमेर

18–70

पलिसी अवधि

1–6 वर्ष

न्यूनतम कवरेज

रु. 5,000

Premium

रु. 0 रु./वर्ष

NPR/yr

Coverage

रु. 5,000 रु.

NPR

Description

Combination life and accident group micro-term insurance with limited underwriting, issued through microfinance institutions and cooperatives to protect borrowers and accountholders. Pays lump-sum for death, accidental death/permanent total disability and funeral expenses.

Features
  • Life and accident coverage
  • Limited underwriting (premium based on census)
  • Lump-sum funeral expense benefit
  • Issued through microfinance institutions & cooperatives
  • Issue age: 18–70 years
  • Policy term: 1–6 years
Highlights
  • Combined life & accident cover
  • Targeted at microfinance / cooperative customers
  • Premium determined based on census
Life Insurance Details
Eligibility
Age18 - 70 years
Policy Term1 to 6 Years