Sana Bachat Laghu Jeevan Beema Yojana
by गार्डियन माइक्रो लाइफ इन्स्योरेन्स नेपाल
A non-linked, non-participating, regular-premium micro endowment assurance plan providing savings and life cover for individuals without formal life insurance, particularly targeted at microfinance sector clients.
What's included
Key highlights
- माइक्रोबजार लक्षित सस्तो बचत र बीमा
- छोटो देखि मध्यम अवधिसम्मको लचिलो नीति
- एक्सिडेन्ट राइडरले अतिरिक्त सुरक्षा
Features
- गैर-लिङ्केड, गैर-भागीदारी माइक्रो एन्डाउन्मेन्ट योजना
- जीवित रहँदा बीमाङ्क भुक्तानी
- मृत्यु हुँदा नामांकितलाई बीमाङ्क भुक्तानी
- राइडर उपलब्ध
Terms and conditions
- 1) Maturity Benefits:
- On survival of the life assured to the end of policy term, sum assured is payable to the life assured.
- The contract terminates uponpayment of maturity benefits
- 2)Death Benefits:
- On death of the life assured during the policy term, sum assured is payable to the nominee/beneficiary.
- The contract terminates upon payment of death benefits.
गार्डियन माइक्रो लाइफ इन्स्योरेन्स नेपाल’s page for 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 payable to nominee on death during policy term
If the policy runs to maturity
This plan states: Sum Assured payable on survival to end of policy term
If death is caused by an accident
This plan states: Rider Sum Assured payable if death due to accident
Optional riders
Accidental Benefit Rider
Medical/treatment expense reimbursement for injuries due to accident
Accidental Death Benefit
Rider sum assured payable on accidental death during policy term
Accidental Total and Permanent Disability Benefit Rider
Pays specified percentage of Sum Assured for various losses (e.g., loss of both hands/feet 100%, one hand/foot 50%, loss of sight/hearing per schedule)
Loan & liquidity
- Policy loan
- Not available
- Partial withdrawal
- No
Premium
Quote on request