LIC Nepal unveils new Jeevan Tarang policy; to provide insurance protection until the age of 100 years

LIC Nepal has unveiled its new insurance policy Jeevan Tarang amid a program. The new policy was launched by CEO of the insurance company Mr. Laxmi Prasad Das amid a program.

Interested customers between the age of 15 to 60 years can enroll with this insurance policy where the minimum insurance amount has been set at Rs 2 lakh. People can opt for the policy coverage for 10 years, 15 years or 20 years where the insured will also receive a coverage of Rs 75 lakh in case of permanent disability due to accidents.

Apart from other regular life insurance services, the insured person will receive 5.5% of the insured amount as pension every month until the age of 99 after the expiry of the insurance policy whereas will receive the total insured amount when s/he is 100, as per the media statement.