Kathmandu. National Life Insurance Company has introduced the Bal Amrit-4 Term Insurance Policy under the much-talked Bal Amrit Insurance Policy.
Inaugurating this insurance policy, the Chief Executive Officer said that he was very happy to further refine the Bal Amrit Insurance Policy, which was highly liked by agents and insured groups in the past, and to present the Bal Amrit Term Insurance Policy-4 plan, and that this plan related to the bright future of children is a great plan of the company.
Regarding the features of this insurance plan, Head of the Marketing Department, Vivek Sharma, explained that the entry age of the insured in this insurance policy is a minimum of 1 month (30 days) and a maximum of 15 years, and the age of the proposer is a minimum of 20 years and a maximum of 50 years. .
The company has stated that the proposer in this insurance policy should be a father, mother or legal guardian. This insurance policy, which can be taken up to a minimum sum assured of 1 lakh and a maximum of 50 lakh based on income, also protects the proposer’s risk and has made arrangements to pay the insurance premium monthly, quarterly, half-yearly and annually.
Similarly, the maximum insurance termination age in this insurance policy is 70 years, and the company has stated that this insurance policy also has other facilities including paid-up value, loan, surrender value and income tax exemption.
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