Group Endownment Policy with Profits

  • Minimum Group Size : 25 Members
  • Minimum/Maximum Age at Entry: 16 Years/55 Years(Last Birthday)
  • Minimum/ Maximum  Term: 5 Years/44 Years
  • Minimum/Maximum Age at Maturity: 21 Years/60 Years(Last Birthday)
  • Minimum Sum Assured : NRs. 50,000/- per member
    • Loading for sum assured less than minimum:
      • 35,000 - 49,999: NRs. 0.50
      • 20,000 - 34,999: NRs. 1.00
      • 10,000 - 19,999: NRs. 2.00
  • Maximum Basic Sum Assured : NRs. 2,000,000/- per member
  • Mode of Premium Payment : Annual
  • Premium Rebate ( Group Size) (in PRT):
    • 251 to 500 : Nrs. 0.50
    • 501 to 1,000 : NRs. 1.00
    • 1,001 and above : NRs. 2.00
  • Declaration of Personal Good health : Compulsory
  • Accidental Benefit : Available Up to Nrs. 500,000/-
  • Product Benefits :
    • On Death : Sum Assured with Vested Bonus
    • On Survival to Maturity : Sum Assured with Vested Bonus
  • Paid Up/Surrender Value: Available Up to Nrs. 500,000/-
  • Converting into Individual Plan: Allowed
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