Group Endowment Assurance Policy

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.

Entry age

18 – 60 years

Policy term

5 – 42 years

Sum assured

From Rs 1,00,000

Premium modes

Yearly, Half-yearly, Quarterly

Death benefit

Sum Assured + declared and vested bonus

Maturity benefit

Sum Assured + declared and vested bonus

Accidental benefit

Additional amount equal to Sum Assured or NPR 10,000,000 whichever is lower

Declared range for the fiscal year shown — the exact rate depends on the plan and term. Rates are revised annually and are not guaranteed for future years.

• Accidental Death Benefit (ADB)

  Additional benefit equal to Sum Assured or NPR 10,000,000 whichever is lower.

• Permanent Total Disability (PTD)

  Sum Assured or NPR 10,000,000 whichever is lower payable in 120 monthly instalments; if remaining term <120 months, balance paid in lump sum on maturity or earlier death.

• Premium Waiver Benefit (PWB)

  Waiver of future premiums after PTD due to accident.