Sanima Reliance Life Insurance
Life Insurance
Popular

Group Endowment Assurance Policy

by Sanima Reliance Life Insurance

समूह योजना

न्यूनतम बीमा रकम

रु.100,000

न्यूनतम समूह आकार

10

अधिकतम परिपक्वता उमेर

65 वर्ष

Premium

रु. 0 रु./वर्ष

NPR/yr

Coverage

रु. 1 लाख (NPR 1 Lakh)

Based on source of income

Description

Group Endowment Assurance policy for affinity or employer groups. Provides Sum Assured plus declared and vested bonus on death and on maturity. Optional riders are available.

Features
  • Death benefit: Sum Assured + declared & vested bonus
  • Maturity benefit: Sum Assured + declared & vested bonus
  • Optional riders
  • Group-size and sum-assured rebates available
Highlights
  • Min Sum Assured: NPR 100,000
  • Minimum group size: 10
  • Maximum maturity age: 65 years
  • Riders: ADB, PTD, PWB
Life Insurance Details

Available Riders

Accidental Death Benefit (ADB): Additional amount equal to sum assured or 1,00,00,000/-, whichever is lower.
Permanent Total Disability (PTD): Sum assured or 1,00,00,000/-, whichever is lower payable in 120 monthly installments; Should the remaining term to maturity be less than 120 months, the balance installment will be paid in lump sum on maturity or at death, if earlier.
Premium Waiver Benefit (PWB): All the future premiums after the date of PTD due to accident will be waived.
Eligibility
Age18 - 60 years
Policy TermMinimum 5 years - Maximum 42 years