Rural Term Insurance
Ensure your borrowers and accountholders are financially secure in the event of loss of life or disability.
Overview:
The product features are as follows:
- Issue age: 18 -70 Years
- Policy Term: 1 to 6 Years
- Benefits: (i) Loss of Life; (ii) Accidental Death, Permanent Total disability (iii) Funeral expenses.
- Minimum and maximum coverage amount in Nepalese Rupee:
Benefits
|
Minimum Coverage Amount (in NPR) |
Maximum Coverage Amount in (NPR)
|
(i) Loss of Life; (ii) Accidental Death, Permanent Total disability (iii) Funeral expenses. |
(i) 5,000 (ii) 5,000 (iii) 500
|
(i) 2,000,000 including funeral expense benefit (ii) 2,000,000 (iii) 40% of (i) Loss of Life |
Premium rate: Will be provided based on census.
NIA Product Code: NIA/LI005/2065/066/GP/0016