Group / माइक्रो
इशु उमेर
18–70
पलिसी अवधि
1–6 वर्ष
न्यूनतम कवरेज
रु. 5,000
Eligibility
Age18 - 70 years
Coverage
Min Coverage
रु. 5,000
Max Coverage
रु. 500,000
Claim Settlement Rate (MetLife Nepal)
93.92%Claims Paid: 4,823Claims Outstanding: 312
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