This is pure cover: it pays your family if something happens during the term, and there is no amount paid back at the end. Sampurna Rakshya is a regular-premium, non-participating group term life plan. It pays the basic sum assured on death prior to policy maturity and covers funeral expenses.
What's included
Key highlights
- ग्रुप टर्म नीतिः मृत्युबेलामा बीमांक भुक्तानी
- अन्त्येष्टि खर्च रु.50,000 वा 10% बीमांक
- बीमांक दायरा: रु.10,000–रु.10,000,000
Features
- ग्रुप टर्म, नियमित प्रिमियम, गैर-भागीदार योजना
- प्रिमियम अवधि: नीति अवधि सहितै (प्रिमियम म्यादसम्म वा मृत्यु हुँदा सम्म तिर्नुपर्ने)
- मृत्यु लाभ: आधारभूत बीमांक + अन्त्येष्टि खर्च (रु.50,000 वा बीमांकको 10% मध्ये कम)
- ठूलो बीमांक (रु.1,000,000 भन्दा माथि) र समूह आकारअनुसार छुट
- राइडरहरू: ADB, ADB/PTD/PWB, CI उपलब्ध
Terms and conditions
- Additional discounts on premium given based on the number of assured individuals-
- 1. 0-1000 (0% additional discount)
- 2. 1001-5000 (1% additional discount)
- 3. 5001-10000 (2% additional discount)
- 410001-25000 (3% additional discount)
- 5.25001-50000 (4% additional discount)
- 6. More than 50000 (5% discount on premium)
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
Premium
Quote on request