LifeCare













LifeCare is a protection term insurance plan for financial coverage against loss of life, unanticipated incidents and diagnosis of listed 24 dreaded diseases.

Various studies have shown that the rate of people being diagnosed with dreaded disease is increasing. These illnesses can have emotional as well as financial burden on one’s family. One can always protect themselves financially and navigate through these challenges by paying a small premium to buy an insurance coverage plan. LifeCare insurance policy is designed to provide just that with the necessary financial protection from an unexpected situation or event like death or if the insured is diagnosed and proved suffering from the listed diseases. This loss of life coverage and dreaded disease policy is designed to provide you and your family with the necessary financial protection, which helps your family to:

·         Pay for the cost of treatment & care of diagnosed disease;

·         Pay for recuperation aid;

·         Replace any lost income due to decreasing ability to earn;

·         Fund for a change lifestyle;

·         Helps you pay installments for your mortgage or personal loan until you are back to work. 

        LifeCare Term Insurance Plan is carefully designed to cater prospects from different walks of life with flexible policy term, competitive premiums and financial coverage against eventualities which have high incident rate in the population. If you are aged between 18 to 60, you can buy this plan today by choosing a right policy benefit, term and premium payment mode that you are comfortable with:
Available Policy Term: 1, 5, 10, 15 and 20 years
Premium Payment Mode: Quarterly, Semi-Annual and Annual.

LifeCare Term Insurance has the following packages for your to select from:

LifeCare - My Life provides financial coverage in case of loss of life only. This package provides adequate loss of life coverage at a minimum premium rate.

Minimum Coverage Amount: NPR 200,000

Maximum Coverage Amount: NPR 15,000,000

In general, LifeCare-My Life policy does not cover suicide within two years from policy issue date, war risk and pre-existing health condition.

 

Life Care- Beautiful provides coverage against diagnosis of listed female specific 9 dreaded diseases along with loss of life. The covered dreaded diseases apart from loss of Life coverage is packaged as one benefit-Female Critical illness.

Minimum Coverage Amount: NPR 200,000

Maximum Coverage Amount: NPR 5,000,000

1) Breast cancer,

2) Cervix Uteri Cancer,

3) Uterus Cancer,

4) Fallopian Tube Cancer,

5) Ovary or Vagina/Vulva Cancer,

6) Placenta cancer

7) Female Carcinoma-In-Situ

8) Systemic Lupus Erythematosus (S.L.E) with Lupus Nephritis (auto immune disease).

9) Skin Grafting due to Skin cancer or burns

10) Facial Reconstructive Surgery due to accident.(35% of the face amount)

LifeCare - Brave provides coverage against 14 dreaded diseases mentioned below along with loss of life. The covered dreaded diseases apart from loss of Life coverage is packaged as one benefit-General Critical illness.

Minimum Coverage Amount: NPR 200,000

Maximum Coverage Amount: NPR 5,000,000

1) Major cancer.
2) Stroke.
3) First Heart Attack
4) Serious Coronary Heart Disease
5) Heart Valve Surgery
6) Primary Pulmonary Hypertension
7) End stage liver disease
8) End stage lung disease
9) Fulminant Hepatitis
10)Kidney Failure
11)Coma
12)Aplastic Anemia
13)Major Organ/Bone Marrow Transplantation.
14)Bengin Tumor

 

In general, LifeCare - Beautiful/Brave policy does not cover war risk, pre-existing health condition, self-inflicted injuries and HIV/AIDS. Also, coverage commencement date for covered Critical illness benefit is 60 days from date of policy issue. Some of the covered critical illness expenses are reimbursed in percentage of sum assured. The coverage commencement date for each covered critical illness and percentage of sum assured payable in case of diagnosis is available in policy schedule and benefit plans.

Click Here for Premium Table of LifeCare

Click Here for LifeCare Policy Document