Policy Requirements

Minimum Sum Assured
NPR 50,000

Maximum Sum Assured
No limit

Minimum Entry Age
16 Years

Maximum Entry Age
50 Years for 15 Years Term and 45 Years for 20 Years Term

Minimum Policy Term
15 or 20 Years

Maximum Policy Term
49 Years

Maximum Maturity Age
65Years

Premium Payment Frequency
Yearly, Half Yearly, Quarterly & Monthly

 

• Benefits                            

  After Completion of 5 years from commencement:
  25% of basic sum assured
  
  After Completion of 10 years from commencement:
  25% of basic sum assured
  
  After Completion of 15 years from commencement:
  (for 15 years term) 50% of basic sum assured plus Vested Bonus 
  
  After Completion of 15 years from commencement:
  (for 20 years term) 25% of basic sum assured 
  
  After Completion of 20 years from commencement:
  40% of basic sum assured Plus Vested Bonus
  
  Death before maturity: 
  Full Basic Sum Assured plus Vested Bonus
  
  

Supplementary Riders

• Accidental Death Benefit (ADB), Total Permanent Disability and Premium Waiver  (TPD/PW)

• (Equal to basic sum assured or maximum NPR. 30,00,000 whichever is lower)

• 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