Micro Term Assurance
Term
Sum assured
Rs 10,000
Premium / yr
On request
Term
1 yrs
Entry age
18–60
About this plan
Sanima Reliance Life 1-year Micro Term Assurance (single premium). Death benefit: Sum Assured. No maturity benefit.
What's included
Key highlights
- 1-year term protection
- Single premium payment
- Sum Assured paid on death
Features
- Minimum Sum Assured NPR 10,000
- Policy Term: 1 year
- Premium Mode: Single (one-time)
- Death Benefit: Sum Assured
- No Maturity Benefit
- Optional raiders availiable
Eligibility & term
- Entry age
- 18 – 60 years
- Policy term
- 1 – 1 years
- Sum assured
- From Rs 10,000
- Premium modes
- Single
Benefits payout
- Death benefit
- Sum Assured
- Maturity benefit
- Nil
- Accidental benefit
- Additional amount equal to Sum Assured or 10000000 (whichever is lower)
Optional riders
Accidental death (ADB)PTD / PWBCritical illness (CI)
Accidental Death Benefit (ADB)
Additional amount 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 installments (or balance lump sum if remaining term <120 months).
Funeral Benefit
Up to 40% of Sum Assured or maximum NPR 25,000.
Loan & liquidity
- Policy loan
- Not available
- Paid-up value
- No
- Partial withdrawal
- No
Other plans from Sanima Reliance Life Insurance
Premium
Quote on request