One Years' Renewable Group Term Assurance
Term
Sum assured
Rs 50,000
Premium / yr
On request
Term
1 yrs
Entry age
18–64
About this plan
Sanima Reliance Life one-year renewable group term assurance. Designed for groups (min. 25 members); death benefit payable as Sum Assured. No maturity benefit.
What's included
Key highlights
- Renewable annually
- Group plan (min. 25 members)
- Death benefit = Sum Assured
- Sum Assured from NPR 50,000
- Policy term: 1 year
Features
- One-year renewable group term cover
- Death benefit = Sum Assured
- Minimum group size: 25
- Sum assured range: NPR 50,000 – NPR 20,000,000
- Entry age 18–64 years
- Premium mode: One Year (single)
Eligibility & term
- Entry age
- 18 – 64 years
- Policy term
- 1 – 1 years
- Sum assured
- Rs 50,000 – Rs 2,00,00,000
- Premium modes
- Yearly
Benefits payout
- Death benefit
- Sum Assured
- Maturity benefit
- Nil
Optional riders
Accidental death (ADB)PTD / PWBCritical illness (CI)
No optional riders are attached to this plan.
Loan & liquidity
- Policy loan
- Not available
- Paid-up value
- No
- Partial withdrawal
- No
What's not covered
- Suicide within waiting period (as per company policy)
- War and national calamities
- Pre-existing conditions not disclosed
- Participation in hazardous occupations/activities unless specifically covered
Other plans from Sanima Reliance Life Insurance
Premium
Quote on request