Sun Nepal Life Insurance
Life Insurance

Group Term Assurance (Samuhik Myadi Jeevan Beema)

by Sun Nepal Life Insurance

समूह योजना

न्यूनतम सदस्य

२५

प्रवेश उमेर

१८-६४ वर्ष

परिपक्वता अधिकतम उमेर

६५ वर्ष

Premium

रु. 0 रु./वर्ष

NPR/yr

Coverage

रु. 0 रु.

Based on Underwriting

Description

A yearly-renewable group term life insurance for employees/members/customers of an organization. Minimum 25 members required (can be issued for as few as 10 with additional premium). Full sum assured paid on death during policy term; no maturity benefit.

Features
  • Full sum assured payable on death
  • Renewable annually (Policy term: 1 year)
  • Minimum 25 members (can issue for 10 with extra premium)
  • Optional rider: Sun Medicare (Emergency medical rider)
Highlights
  • Full sum assured on death
  • 1 year (renewable annually)
  • Minimum members: 25
  • No maturity benefit
Life Insurance Details

Available Riders

Sun Medicare-Add it to your life insurance plan for as low as NPR 1,393/year Supports 99% of emergency health cases seen in Nepalese hospitals. For a Sum Assured of NPR 1,00,000, a 4-day non-surgical hospital stay gives you NPR 40,000 (no receipts required).
Eligibility
Age18 - 64 years
Policy Term1 year (renewable annually)