Kathmandu. Recently, Sanima Reliance Life Insurance Company’s ‘Mere Assurance Return Life Insurance Plan’ has become the choice of customers. Customers will not have to worry about bonus in this life insurance plan that has come with guaranteed returns. The attraction is increasing as the sum assured is maintained on the basis of the insurance fees that you can pay and the guarantee amount is returned at the end of the insurance period along with the risk bear. This insurance policy is very useful and new for insuring customers and includes various benefits.
Unlike other policies, this policy does not make any difference to the amount of payment earned when the insurance matures. The policy also guarantees a lump sum payment of up to 2.5 times the basic insurance premium on the date of commencement of insurance.
Another reason for the increase in customer attraction in this insurance is that it includes attractive facilities to bear the risk for a long time by paying the insurance fee only for a limited time. It is also easy to buy this insurance policy as it can be insured only with the savings that you have for some time.
Since long-term savings and risks of 16 and 20 years can be borne by paying only 5 and 7 years of insurance fees, it seems appropriate to do this insurance policy when it is in an active state of life. You can get a lot of benefit from this insurance policy when you are insured when you can earn an income. The benefit of protection can be obtained from a minimum of 2 times of the basic insurance fee to a maximum of 2.5 times.
Under this scheme, the insured will be able to pay the insurance fee as per his needs and immediate capacity. This policy has attractive features that can be obtained with security and maturity amount guarantee throughout the policy period by paying the insurance fee for a limited period.
How can such insurance be done?
Kuber, 35, has been kept here to explain how to get all the benefits from this insurance. Kuber, 35, opts for this insurance policy for a 20-year insurance term. In this, he makes an agreement to pay the insurance fee in seven years. He opts to pay rs 100,000 or Rs 136,313 (including supplementary contract facility) as basic insurance fee every year. According to this, Kuber’s sum assured is Rs 1.75 million. For this, he pays only Rs 954,191 in seven years.
According to the company, Kuber will be paid Rs 1.75 million (2.5 times the basic insurance fee paid) at the end of the insurance period.
Similarly, the company will pay rs 1.75 million in 120 monthly installments if kuber is completely permanently disabled due to the direct cause of the accident at any time. The company has also ensured that the insurance charges will be waived after the accident date.
Similarly, in case of kuber’s death due to any reason, an additional amount of Rs 1.75 million will be paid to his heir based on the date of the incident and Rs 1.75 million in case of death due to direct cause of accident.
Fatal disease feature
Under the fatal disease facility, Kuber will be paid a lump sum of Rs 1.75 million for the treatment of any of the 18 fatal diseases.
