Joint Life
Entry Age
18–50
Critical Illness
Available up to रु. 50,00,000
Minimum SA
रु. 5,000
Coverage
रु. 5,000 रु.
Based on Source of Income
Description
A joint-life participating endowment cum whole life plan covering husband and wife under a single policy. At maturity the full sum assured plus vested bonuses are payable. Rider options available: Accidental Death Benefit (ADB) and Critical Illness (CI). Policy loan up to 90% of surrender value is available once surrender/paid-up value is attained.
Features
- Joint life policy (husband & wife)
- Entry age 18–50 years
- Minimum sum assured NPR 5,000
- Riders available: ADB and CI only
- Policy loan up to 90% of surrender value after surrender/paid-up value attained
Highlights
- Joint-life endowment cum whole life plan
- Minimum sum assured NPR 5,000
- Riders: ADB and CI available
- Policy term: 15–30 years
Life Insurance Details
Available Riders
(ADB)Accidental Death Benefit (ADB) Only: This is a rider benefit which offers protection on occurrence of death of the policyholder due to accident. It can be taken with payment of additional Rs. 1 per thousand per life. In case of death due to accident, additional benefit equal to basic sum assured or maximum Rs. 1,00,00,000 whichever is less is payable to the beneficiary of assured.
2. Critical Illness Benefit: This is a Rider benefit. If the life assured is diagnosed with specific illness defined under this plan during the policy term, lump sum amount equal to basic sum assured or maximum up to Rs. 50,00,000 will be paid to the insured. Undermentioned conditions should be followed to have Critical Illness. Entry age: Minimum 18, Maximum: 65, Policy maturity age: 70, Coverage: Minimum Rs.50, 000, Maximum: Rs. 50,00,000
Eligibility
Age18 - 50 years
Policy Term15 to 30 years