Sanima Reliance Life Insurance
Life Insurance

Group Term Assurance Plan for Affinity Groups

by Sanima Reliance Life Insurance

Group Term

Min SA

रु.10,000

Max SA

रु.5,000,000

Min group size

10

Premium

रु. 0 रु./वर्ष

NPR/yr

Coverage

रु. 10,000 रु.

NPR

Description

Group term assurance for affinity groups — a group term life policy paying the member's sum assured to the nominee on death. No maturity benefit.

Features
  • Death benefit: member's sum assured payable to nominee
  • No maturity benefit
  • Optional riders: Accidental Death Benefit, Permanent Total Disability, Permanent Partial Disability, Funeral benefit
  • Minimum group size: 10 members
  • Sum assured range NPR 10,000 to NPR 5,000,000
  • Entry age 18–70 years
  • Policy term 1 month to 30 months
  • Premium payment mode: Yearly
Highlights
  • Min SA: NPR 10,000
  • Max SA: NPR 5,000,000
  • Entry age: 18–70 yrs
  • Minimum group size: 10
  • Riders available
  • Yearly premium mode
Life Insurance Details

Available Riders

Accidental Death Benefit (ADB)
Permanent Total Disability (PTD)
Permanent Partial Disability (PPD)
Funeral Benefit
Eligibility
Age18 - 70 years
Policy TermMinimum: 1 month, Maximum: 30 months