Whole-Life Plan

Whole Life Plan provides permanent death benefit coverage for the life of the insured. If the policy was in force at the time of the insured’s death, lump sum amount is paid out to the beneficiary.
This type of policy is valid for your entire life time and offers dual benefits of life cover and bonus.


Composition of Endowment and Whole Life Policy. Sum Assured with Bonus is paid at the time of maturity. In Case of Death, during the policy term Sum Assured with Bonus is paid. In case of Accidental Death, basic Sum Assured and Accidental Sum Assured with Bonus is payable.

Again, risk will be cover for their whole life. In case of death after policy term again Sum Assured with Bonus is payable, ADB as well CI facilities are available. 

Entry Age : 16 to 65 years
Maximum Maturity Age : 70 years
Terms of Policy : 5 to 65 years
Minimum Sum Assured : NRs. 50,000
Maximum Sum Assured : As per income Source.
Medical Requirement : As per Company Rule.
Payment Mode : Yearly, Half-Yearly & Quarterly.
Accidental Benefit : ADB Available up to Max. 100,00,000/-.
Loan Facility: : Upto 90% of the surrender value after payment of 2nd yearly premium.


1. Discount on mode of payment:

Mode of Payment Discount
Yearly                   1.5%
Half Yearly          Nill
Quarterly    3% Additional

2. Discount on Sum Assured:

Sum Assured Discount (Per thousand)
Up to Rs.2,00,000/- Nill
Rs.2,01,000/- to Rs.3,00,000/- Rs.1/-
Rs.3,01,000/- & above Rs.2/-

First Policy Issue Date : 2006-06-28