Jeevan Saathi
Description
| A combination of joint life cover and saving to both Policy Holder and Spouse. | |
|---|---|
| Attractions Free Insurance cover to Spouse Up to 50% of Sumassured High Bonus Rate Cheaper than Endowment Plan 150% risk coverage on normal death 250% risk coverage on accidental death 50% risk coverage to Spouse |
Eligibility Minimum Sum Assured : NRs. 200000 Maximum Sum Assured : No Limit Minimum Age at Entry : 18 Years (Last Birthday) Maximum Age at Entry : 75 years Policy Term : 15 years Premium Payment Term: Equal to policy Term Mode : Yearly/ Half Yearly/ Quarterly/ Monthly Accident Benefit : Available to Policy Holder Loan : 90% of Surrender Value |
Benefits
Benefits on Death
On death of Policy holder during Policy Term, SA and Bonus Amount paid to Spouse & policy continue on life of spouse with 50% of SA if spouse alive.
Incase of early death of spouse, policy shall continue until maturity or earlier death of policyholder.
On Simultaneous death of policyholder & spouse, benefit of 150% SA and Bonus shall be payable to nominee/beneficiary.