CML Micro Non-Par Endowment (Single)
by क्रेस्ट माइक्रो लाइफ इन्स्योरेन्स
Single premium micro endowment plan with a guaranteed addition of Rs.50 per Rs.1,000 of sum assured per year.. On death or maturity the sum assured plus accumulated guaranteed additions are paid as a lump sum.
What's included
Key highlights
- एकल भुक्तानी
- वार्षिक ग्यारेन्टी रु.५०/रु.१०००
- प्रवेश उमेर १८–६०
Features
- रु.१०,००० देखि रु.५,००,००० सम्म बीमित रकम
- वार्षिक ग्यारेन्टी जोड रु.५० प्रति रु.१००० (प्रति वर्ष)
- एकचोटि प्रिमियम भुक्तानी
- मृत्युमा बीमित रकम र जम्मा गरिएको ग्यारेन्टी जोड भुक्तानी
- परिपक्वतामा समग्र बीमित रकम र जम्मा गरिएको ग्यारेन्टी भुक्तानी
- कम्पनी नियम अनुसार पोलिसी ऋण / समर्पण मूल्य / चुक्ता मूल्य
- राइडर उपलब्ध
Terms and conditions
- Benefits of the Insurance Plan:
- 1) If the insured remains alive until the maturity of the plan then in accordance with the terms of the policy sum assured and guaranteed addition Rs. 50 for every Rs. 1000 of the sum assured for every year will be paid.
- 2)If the insured dies before the maturity of the active policy, then in accordance with the terms of the policy sum assured and guaranteed addition Rs. 50 for every Rs. 1000 of the sum assured for every year until the date of death will be paid.
- 3) Surrender, Loan and Paid-up value will be provided in this plan.
What happens in each case
Each plan pays out differently depending on what happens during the term. These are the situations that matter for this kind of plan.
If the insured passes away during the term
This plan states: Sum Assured + accumulated guaranteed addition (Rs.50 per Rs.1000 per year)
If the policy runs to maturity
This plan states: Sum Assured + accumulated guaranteed addition (Rs.50 per Rs.1000 per year)
If death is caused by an accident
With the accidental death rider, an additional amount is paid on top of the sum assured. The rider is optional and carries its own premium.
Typical for endowment plans — confirm the exact terms in the brochure.
Optional riders
Accidental Death Benefit
Additional benefit payable on accidental death (available as rider on payment of extra premium).
Total Permanent Disability
Rider providing benefit or waiver on total permanent disability (available on payment of extra premium).
Premium Waiver Benefit
Rider to waive future premiums on specified events (available on payment of extra premium).
Loan & liquidity
- Policy loan
- Available
- Paid-up value
- Yes
Premium
Quote on request