Policy Requirements

Minimum Sum assured
50,000

Maximum Sum Assured
5,000,000

Minimum age of Child
0 Years

Maximum age of Child
15 Years nearest birthday

Minimum age of Proposer
18 Years

Maximum age of Propose
60 Years

Maximum maturity age of Proposer
60 Years

Minimum policy term
10 Years

Maximum policy term
30 Years

Premium Paying Term
Equal to policy term

Mode of Premium payment
Yearly, Half Yearly, Quarterly & Monthly

• Benefits

  At the time of Maturity:
  Full sum assured plus bonus
  
  Death before maturity: 
  
  After commnecement of Risk :
  Full sum assured plus bonus
  
  Before commencement of Risk :
  Refund of full premium paid after deducting riders premium, if any
  
  

Riders

Premium Waiver Benefit (PWB) and Monthly Incime Benefit (MIB)
MIB/PWB coverage is for proposer (i.e child's father or mother) with following features:

Minimum Rider Sum Assured
NPR 50,000

Maximum Rider Sum Assured
NPR 5,00,000

Minimum Rider Term
2 years

Maximum Rider Term
16 - age of child

Minimum Entry Age of Proposer
18

Maximum Entry Age of Proposer
58

Premium Payment Frequency
Yearly, Half Yearly, Quarterly and Monthly

Critical Illness (CI) – This is optional rider coverage which shall be allowed to take our existing policyholders in the condition of medical fitness with effect from the policy anniversary date in all the product portfolio. However, the Company has sole discretion to accept or reject the application. The medical cost shall be borne by an applicant whatsoever. The maximum rider sum assured shall be NPR. 25,00,000 or actual basic sum assured whichever is lower.

Personal Accident (PA) – This is optional rider coverage  which offers immense benefits during the policy period. This rider shall be allowed to take new policy holder as well as existing policy holders with effect from the policy anniversary date by paying additional rider premium. The maximum rider sum assured shall be NPR. 50,00,000 or actual basic sum assured whichever is lower