Whole Life
Entry age
18–65
Min Sum Assured
रु. 5,000
Riders
ADB, PTD, CI
Coverage
रु. 5,000 रु.
Based on Source of Income
Description
A whole-life endowment plan providing lifetime coverage. Sum assured plus bonus is payable on maturity; sum assured payable on death after maturity. Accidental death benefit and optional riders (PTD, premium waiver, critical illness) are available.
Features
- Policy loan up to 90% of surrender value
- Survival benefit- Paid to policyholder at the end of the policy term
- Sum Assured + Bonus will be paid as a Maturity benefit .
- Death Benefit- Basic Sum Assured + Bonus will be paid .
- Death after policy maturity- an amount equal to Sum Assured will be paid .
- Death at Age 70 caused by an accident , Full Basic Sum Assured + Accidental Death Benefit (ADB) paid
Highlights
- Minimum sum assured NPR 5,000
- Riders: Accidental death, PTD, Premium waiver, Critical Illness
- Multiple benefits under one plan- maturity benefit, survival benefit, death benefit and death upon accident benefit even after policy matures
Life Insurance Details
Available Riders
Accidental Death Benefit (ADB)- It can be taken with payment of additional Rs. 1 per thousand. In case of death due to accident, additional benefit equal to basic sum assured or maximum Rs. 1,00,00,000 whichever is less
Accidental Death Benefit + Permanent Total Disability + Premium Waiver (ADB+PTD+PWB)- Total coverage amount under this benefits will be equal to basic sum assured or Maximum Rs. 100,00,000/- whichever is less.
Critical Illness Benefit-lump sum amount equal to basic sum assured or maximum up to Rs. 50,00,000 will be paid to the insured
Eligibility
Age18 - 65 years
Policy Term5 to 54 years