The salient features of the plan are as follows:

• Minimum Age at Entry: 16 Years (Nearer Birthday)
• Maximum Age at Entry: 60 Years (Nearer Birthday)
• Minimum Premium Paying Term: 10 Years
• Maximum Premium Paying Term: 54 Years
• Maximum Age at Maturity: 70 Years (Nearer Birthday)
• Minimum Sum Assured: NRs.25,000/-
• Maximum Sum Assured: NRs 1,000,000/-
• Mode of Premium Payment: Yearly/Half-yearly
• Rider: CI

Special Features of the Policy:

• Sum assured and vested bonus will be paid to live assured at the maturity of the policy term.
• In case of the natural death of the insured within the policy term, Double of Sum assured with a vested bonus will be paid to the Beneficiary.
• In case of the accidental death of the insured within the policy term, Triple of Sum assured with a vested bonus will be paid to the Beneficiary.

Rider Benefit:

In this Subha Laxmi (Endowment) Life Assurance Plan, the insured can avail of the following rider upon payment of a nominal additional premium:

Critical Illness Coverage (CI): This rider covers 11 critical illnesses throughout the premium paying term upon payment of a nominal additional premium. Upon critical illness diagnosis, up to 10 lakhs ( Basic sum assured or 10 lakh, whichever is lower)  will be paid to the insured after a survival period of 30 days. There will be a waiting period of 90 days for this rider. To avail of CI coverage, the minimum entry age is 16 and the maximum maturity age is 65.

11 critical illnesses covered by CI are :

1. Cancer of Specified Severity
2. Kidney Failure Requiring Regular Dialysis
3. Multiple Sclerosis with Persisting Symptoms
4. Major Organ/Bone Marrow Transplant
5. Open Heart Replacement or Repair of Heart Valves
6. Primary Pulmonary Arterial Hypertension
7. First Heart Attack of Specified Severity
8. Stroke Resulting in Permanent Symptoms
9. Coma of Specified Severity
10. Aorta Graft Surgery
11. Coronary Artery By-Pass Graft

Discounts:

Discounts on the sum assured:

Discounts on payment mode: