Joint Life Endowment
Sum assured
Rs 50,000
Premium / yr
On request
Term
15–30 yrs
Entry age
21–50
About this plan
An endowment plan for married couples providing joint cover for two lives. Offers death benefit, maturity benefit with declared bonuses and optional riders are availiable.
What's included
Key highlights
- Minimum Sum Assured: NPR 50,000
- Policy term: 15–30 years
- Maximum maturity age: 70 years
Features
- Joint cover for two lives
- Maturity benefit: Sum Assured + declared bonus
- Optional riders: ADB, PTD, Premium Waiver, Critical Illness
Eligibility & term
- Entry age
- 21 – 50 years
- Policy term
- 15 – 30 years
- Sum assured
- From Rs 50,000
- Premium modes
- Yearly, Half-yearly, Quarterly, Monthly
Benefits payout
- Death benefit
- Sum Assured
- Maturity benefit
- Sum Assured + Bonus Declared and Vested
Declared bonus
Rs 19–70 / 1,000
FY 2080/81
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.
Optional riders
Accidental Death Benefit (ADB)
Additional sum equal to Sum Assured or NPR 10,000,000 whichever is lower on accidental death of either life (subject to conditions).
Permanent Total Disability (PTD)
On PTD of either life: Sum Assured or NPR 10,000,000 payable in up to 120 monthly installments (subject to conditions).
Premium Waiver Benefit (PWB)
Future premiums waived on death or PTD of either of the lives assured.
Critical Illness (CI)
On diagnosis of covered critical illness: Additional amount equal to Sum Assured or NPR 5,000,000 whichever is lower.
What's not covered
- Suicide as per standard waiting period
- War, invasion, nuclear risks and similar perils
- Claims arising from illegal acts or intoxication
- Pre-existing conditions not disclosed
Other plans from Sanima Reliance Life Insurance
Premium
Quote on request