NIA Product Code
NIA/LI002/2068/069/EP/0013
NIA Approved Date
2068-06-02
Under this Plan, life insurance risk coverage is provided for both husband and wife under single policy.
Survival Benefits: (Both insured or any one)
- Sum assured plus bonus earned shall be paid on maturity
Death Benefits:
- On death of any one of insured couple within the Insurance period, sum assured will be paid to living insured.
- Premium payment shall be waived after the demise of an insured
- On death of the another insured, the sum assured with earned bonus will be paid to nominated person within the policy term.
Rider Benefits:
- Accidental Death Benefit (ADB) up to Rs. 2,500,000.00 in additional Rs. 1.00 per thousand.
- Waiver of Premium (WOP) benefit shall be taken in additional Rs. 2.00 per thousand.
Other benefits:
- Paid up and surrender claim shall be provided
- Loan Facility provided.
- Tax exemption as per ITA,2058
