NLIC Insurance plan

Jeevan Sahara

The plan is specially designed Endowment product to cover the wide range of risk for our social communities of Nepal:

  1. The sum assured together with bonus is payable on maturity date and full sum assured again payable on death of life assured after maturity.
  2. In case of death before maturity date under inforce policy, the sum assured and whatever bonus declared is payable.
  3. Basic Sum Assured is payable in case of death of the policy holder after maturity of policy term.
  4. Minimum Sum Assured is Rs. 100,000 and no limit for Maximum Sum Assured depending upon the income source of the proposer.
  5. Minimum entry age is 16 yrs and maximum entry age is 65 yrs.
  6. Minimum term is 5 yrs and maximum term is 54 yrs or maximum age of 70 yrs which ever is earlier.
  7. The mode of payment is either yearly, half yearly or quarterly.