Nepal Life Insurance Company unveils Nepal Life Anmol Jeevan Beema Yojana; to provide number of insurance benefits as per demands of new era

Nepal Life Insurance Company has launched Nepal Life Anmol Jeevan Beema Yojana on Chaitra 1, 2078 to provide maximum benefit and insurance coverage to its clients.

Under this scheme, the company will provide insurance coverage even after the expiry of the insurance policy while the insured person can get the entirety of the surrender value if s/he opts for it.

People belonging to the age bracket of 18 to 65 years can get insured under this scheme for five years to 50 years. the insured amount can range from rs 25 thousand to the maximum amount as allowed by the revenue of the insured person.

One can get 1% discount in premium amount if s/he opts for annual premium payment, no discount at all for payment of premium in semi-annual basis, additional 3% premium payable in case of quarterly payment option, and 6% additional in premium in case of monthly payment.

Insured customers can get the surrender amount returned after three years of insurance while can avail upto 90% of surrender amount as loan, as per the media statement.

As the additional facility, customers can make extra premium payment so as to receive additional accidental death insurance coverage of RS 1 crore, Rs 1 crore worth discount in insurance premium amount by paying additional premium amount, Rs 50 crore worth fatal diseases related insurance coverage by paying additional premium amount, as per the media statement.

The insurance company has set a number of terms and conditions for the payment of the insured amount which can be accessed here..