SuryaJyoti Group Term Assurance Plan
This is pure cover: it pays your family if something happens during the term, and there is no amount paid back at the end. Group term life insurance for employees providing death, accident, disability and coverage for 15 critical illnesses. Minimum 10 members and minimum sum assured starts at NPR 10,000. Renewable annually.
What's included
Key highlights
- न्यूनतम सदस्य: 10
- न्यूनतम बीमाश्रय: रु.10,000
- प्रति वर्ष नवीकरणयोग्य (1 वर्ष)
Features
- मृत्यु लाभ — न्यूनतम रु.10,000 वा पद/आय अनुसार निर्धारण
- दुर्घटनागत मृत्यु/वियोजन/स्थायी अपाङ्गता सम्म अतिरिक्त लाभ
- शवयात्रा खर्चको लागि १०% बीमाश्रय (अधिकतम रु.200,000 सम्म)
- दैनिक/साप्ताहिक दुर्घटना इन्डेम्निटी र मेडिकल प्रतिपूर्ति
- तेरह/पन्ध्र (१५) गम्भीर रोगहरूका लागि एक्सलेरेटेड क्रिटिकल इल्यनेस लाभ
- वार्षिक प्रिमियम मोड (नवीकरणयोग्य)
Terms and conditions
- 1. Death benefit
- Sum assured plus accrued bonuses as benefit
- An additional of 10% or basic sum assured or 200,000 whichever is less is payable as Funeral benefit
- 2.
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