Foreign Employment Plan
- This policy offers temporary risk cover for 1 to 6 years at a very low cost.
- This policy will not acquire any paid up value or surrender value.
- This policy will not be eligible for loan.
- This policy will not have any maturity value.
- This policy will not participate in any profits (bonuses).T
- This policy provides for payment of full sum assured of Rs 1000000 + body repatriation expenses up to Rs 100000 + loss of income upto Rs. 200000 + Rs. 100000 as funeral expenses in case of unfortunate death of the life assured during the term of the policy
- This policy will pay up to 10% of sum assured for medical expenses in case of accident.
- Loss of both hands or both feet or loss of sight of both eyes: 100% of sum assured.
- One hand and one foot: 100% of sum assured
- Either hand or one foot and sight of one eye: 100% of sum assured
- Loss of hearing of both ears: 50% of sum assured.
- Loss of either hand or foot: 50% of sum assured
- Loss of sight of one eye: 50% of sum assured
- Minimum Age at Entry : 18 Years
- Maxmium Age at Entry : 64 Years
- Minimum Term : 1 Year 6 Months
- Maximum Term : 6 Years
- Maximum Maturity Age : 70 Years
- Fixed Sum Assured : NRs.1000000
- Body Repatriation : Actuals up to maximum of NRs 100000
- Premium Paying Mode : Single
Other Conditions : The policy can be issued subject to verification of original passport & visa copies of the documents to be kept in the file.
Effective Date of Insurance : Date of commencement.
First Policy Issue Date : 26.02.2014