Periodic Micro Life Insurance Plan
In simple terms: you pay a fixed amount each year, and at the end of the term you get your cover amount back together with the bonus the insurer adds along the way. Periodic micro life insurance targeted at low-income earners. Allows small sums assured with low premiums and simple claim procedures.
परिपक्वता अनुमान
अनुमानित परिपक्वता रकम
—
Declared bonus
Rs 38–75
per Rs 1,000 sum assured, per year · declared FY 2081/82
Recent years
- FY 2081/82
- Rs 38–75/ 1,000
- FY 2080/81
- Rs 38–75/ 1,000
- FY 2079/80
- Rs 42–75/ 1,000
- FY 2078/79
- Rs 42–75/ 1,000
- FY 2077/78
- Rs 40–75/ 1,000
* Company-wide declared range — the plan's own term bands were not published that year.
Source: एसियन लाइफ इन्स्योरेन्स declaration for FY 2081/82
Bonus rates are declared annually and are not guaranteed. Past rates do not guarantee future rates.
What's included
Key highlights
- बीमाङ्क रु.१०,०००- १०,००००
- उमेर सीमा १८–६० वर्ष
- बीमा अवधि ५ वर्ष
- दावी भुक्तानी एकमुश्ट (बीमाङ्क + बोनस)
Features
- न्यून आय समूहलाई लक्षित
- साना बीमाङ्क (रु. १०,००० देखि रु. १,००,०००) सम्भव
- कम बीमाशुल्कमा उपलब्ध
- दावी भुक्तानी सरल र एकमुश्त
- कम कागजी प्रक्रिया
- आवश्यक कागजात: प्रस्ताव फाराम र नागरिकता/पहिचान प्रमाणपत्रको प्रतिलिपि
Terms and conditions
- Necessary documents
- A. Term Mini Life Insurance Proposal Form
- come Copy of Nepali Citizenship or any other age revealing document issued by Nepal Government
- 9) What are the benefits of term life insurance?
- a) If the policyholder (insured) is still alive until the end of the insurance period, the sum assured and the bonus amount earned by the policy until the end of the policy period will be given as a lump sum at the end of the policy period.
- b) If the policyholder (insured) dies within the period of validity of this insurance policy, the sum insured and the bonus amount earned by the policy will be paid in one lump sum.
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 + Bonus
If the policy runs to maturity
This plan states: Sum Assured + Bonus
Optional riders
No optional riders are attached to this plan.
Loan & liquidity
- Policy loan
- Not available
- Paid-up value
- No
- Partial withdrawal
- No
Premium
Quote on request