This is pure cover: it pays your family if something happens during the term, and there is no amount paid back at the end. This policy is a compulsory term life insurance for those going abroad for foreign employment. Premium rates are provided by age group.
What's included
Key highlights
- उमेरअनुसार दरहरू उपलब्ध
- अपाङ्गता र चिकित्सा खर्च (दुर्घटना सम्बन्धी) यस योजनामा समावेश गरिएको छ
- क्रिटिकल इल्यनेस राइडर लागू
- सरल टर्म जीवन बीमा—विदेश रोजगार लक्षित
Features
- विदेश रोजगारका लागि अनिवार्य
- उमेर समूह (18–35, 36–50, 51–64) अनुसार प्रिमियम दरहरू
- क्रिटिकल इल्यनेस भएमा रु.४०० थप
- यदि बीमित व्यक्तिले नीतिको अवधि दौरान मृत्यु हुन्छ भने, परिवारलाई १,००,०००० (दश लाख रुपैयाँ) प्राप्त हुन्छ।
Terms and conditions
- 1. Single Premium Payment: You pay the insurance fee once at the start. No monthly or yearly installments.
- 2. Coverage Period: The policy is valid for the time mentioned in the schedule (usually tied to your employment contract abroad).
- 3. Beneficiaries: If the insured person dies, the money goes to: The insured themselves (if alive), the person they nominated (nominee) or their legal heirs under Nepali law.
- 4.No Surrender Value: You cannot cancel midway and get money back (except in special cases).
- 5. Cancellation: If the insured doesn’t go abroad within 6 months, or requests cancellation, the company refunds the premium minus NPR 500.
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
The nominee receives the full sum assured. There is no savings element, so nothing else accrues.
Typical for term plans — confirm the exact terms in the brochure.
If the policy runs to maturity
There is no maturity payout. The premium buys cover for the term, not savings.
Typical for term plans — confirm the exact terms in the brochure.
Optional riders
घातक रोग
Rs 400 premium basis
Critical Illness
Additional premium for critical illness rider
Loan & liquidity
- Policy loan
- Not available
Premium
Quote on request