Baideshik Rojgar Jeevan Beema (Foreign Employment Life Insurance)
This is pure cover: it pays your family if something happens during the term, and there is no amount paid back at the end. A term life insurance plan targeted at migrant workers for protection during foreign employment; provides death benefit to nominee during the employment period.
What's included
Key highlights
- वैदेशिक कामदार लक्षित पोलिसी
- नमिनीलाई मृत्यु अवस्थामा सुरक्षा
- द्रुत दावी प्रक्रिया
Features
- वैदेशिक रोजगारी अवधिका लागि जीवन-बीमा सुरक्षा
- मृत्यु वृतमा नमिनीलाई बीमा रकम भुक्तानी
- सरल आवेदन र दाबी प्रक्रिया
- रोजगारी सम्बन्धी कागजात प्रस्तुत गर्नु पर्ने
Terms and conditions
- Policy Benefits:
- Full sum assured amount will be paid on death of Life assured during term of the policy
- If insured dies in foreign country and proof of body repatriation is provided, insurer will pay Rs.100,000/- or body repatriation expenses occurred ,whichever is minimum
- Benefit payable in the event of accident or sickness resulting in:
- 1. Permanent sickness (100% of Sum Assured)
- 2. Loss of wrist or hands above wrist; loss of ankle or legs above ankle or permanent loss of both eye sight (100% of Sum Assured)
- 3. Loss of wrist or two hands above wrist; loss of ankle or two legs above ankle (100% of Sum Assured)
- 4. Loss of wrist or one hand above wrist; loss of ankle or one leg above ankle & permanent loss of one eye sight (100% of Sum Assured)
- 5. Permanent loss of ear hearing (50% of Sum Assured)
- Loss of wrist or one hand above wrist; loss of ankle or one leg above ankle 50% of Sum Assured
- Permanent loss of sight of one eye 50% of Sum Assured
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.
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 term plans — confirm the exact terms in the brochure.
Optional riders
दुर्घटना मृत्यु तथा अशक्तता लाभ
निर्दिष्ट दुर्घटना तथा अशक्तता जोखिममा बीमांक रकमको 100% सम्म लाभ
Accidental Death / Disability Benefit
Policy provides specified accident/disability benefits, with specified losses covered up to 100% of Sum Assured.
Loan & liquidity
- Policy loan
- Not available
Premium
Quote on request