Reliable Endowment Life Insurance

Reliable Endowment Life Insurance Policy, a preferred choice for securing your future with flexibility and comprehensive coverage. This policy offers the option to be purchased for a fixed period, with regular installment premiums payable on a yearly, half-yearly, quarterly, or monthly basis.

• Features:

  Minimum Insured Amount: Nrs. 50,000 Maximum Insured Amount: Nrs. 1,00,00,000 Minimum Age at Entry : 18 year (Last Birthday) Maximum Age at Entry : 60 years (Last Birthday) Maximum Age at Maturity : 65 years (Last Birthday) Policy Term : 5 to 20 years

• Policy Term:

  Minimum Insured Amount: NPR 50,000
  Maximum Insured Amount: NPR 10,000,000
  Minimum Age at Entry: 18 years (Last Birthday)
  Maximum Age at Entry: 60 years (Last Birthday)
  Maximum Age at Maturity: 65 years (Last Birthday)
  Policy Term: 5 to 20 years

• Risk Commencement Date:

  Risk of the minor age will commence only after completion of 6 years or two years of commencement date which ever is later.

• Benefits:

  • Accidental Death Benefit: In the unfortunate event of the policyholder's demise due to an accident during the policy term, the nominee receives the insured amount along with the accidental death benefit and accrued bonus.
    Permanent Total Disability Benefit: Should the policyholder become permanently disabled due to an accident or illness, they will receive a sum equal to the insured amount. The policy remains active until maturity, with premiums waived. Upon maturity, the policyholder receives the insured amount plus bonus.
    Premium Waiver Benefit: In the event of permanent disability due to an accident or illness, all future premiums are waived. Upon maturity, the policyholder receives the insured amount plus accrued bonus without further installments.
    Critical Illness Benefit: This additional benefit, when purchased alongside another life insurance plan, provides coverage for specified critical illnesses. If diagnosed during the policy term, a lump sum equal to the insured amount is paid to the policyholder.
    Minimum Insured Amount: NPR 50,000
    Maximum Insured Amount: NPR 10,000,000
    Minimum Age at Entry: 18 years (Last Birthday)
    Maximum Age at Entry: 60 years (Last Birthday)
    Maximum Age at Maturity: 65 years (Last Birthday)
    Policy Term: 5 to 20 years
    Hospitalization Cash Benefit: This benefit, when paired with another life insurance plan, offers cash benefits to cover hospitalization expenses resulting from accidents during the policy term.
    Minimum Insured Amount: NPR 50,000
    Maximum Insured Amount: NPR 10,000,000
    Minimum Age at Entry: 18 years (Last Birthday)
    Maximum Age at Entry: 55 years (Last Birthday)
    Maximum Age at Maturity: 60 years (Last Birthday)
    Policy Term: 5 to 20 years

• Payment Mode:

  • Payment Mode: Yearly, Half-Yearly, Quarterly, and Monthly
    Location of Hospitalization: Nepal
    Premium: NPR 6 for an Insured Amount of NPR 100,000
    First Policy Issue Date: 2074-06-04
    Underwriting Requirements: Applicants above 50 years require the following medical examinations for rider issuance:
    General Medical Examination
  • ECG with 12 leads
  • 6th PA view chest X-ray
    Urine test
    Bonus Rate: [Enter bonus rate here]

• Premium Calculator:

  Under development process..