Kathmandu. Kalpana Bist has been assigned the responsibility of product advocate of Sanima Reliance Life Insurance Company’s limited payment term life insurance scheme.
She has been doing MDRT continuously since 2022 and the company has given Bista the responsibility of product advocate in the limited payment term life insurance scheme.
Similarly, sanima Reliance Life Insurance has returned to his country after three and a half years saying that he should do something in the country.
Bista also gained field work experience by conducting training and awareness programs on topics such as education and health in the NGO. According to the company, Bista has so far been able to connect more than 200 people to life insurance due to the development of his speaking skills.
It is easy to understand that it is a matter of pride for Sanima Reliance Life Insurance and the insurance sector as a whole that he has been continuously MDRT since 2022.
Sanima Reliance Life Insurance, which has unlimited benefits in limited payment term life insurance plan, has said that customers can get unlimited benefits in a life insurance plan currently operating.
According to the company, customers can save by purchasing this product and also get facilities for future emergencies.
There is a provision to increase the risk cover every five years for the premium payment of the insurance. On the other hand, riders will be provided with additional protection and accidental death facility, complete permanent disability, insurance exemption facility, and protection of deadly diseases will also be provided.
According to Sanima Reliance Life Insurance, the insured can take insurance for a period of 10, 15, 20 and 25 years, while the payment period is 8, 12, 16 and 20 years respectively.
The insured can participate at the age of 18 years and a maximum of 65 years of age, in such a scheme, a minimum of Rs 25,000 can be purchased. According to the company, the sum assured will be determined on the basis of the source of income of the insured for the same insurance.
The various features specified are
Save for future
According to the company, the insured will get insurance as well as bonus after the completion of the insurance term, which will ease the financial crisis in the future. If the death insurance period of the insured is not expired, his family will get the same amount and bonus as insured in full term of the sum assured. It is said that as the insurance period is passed in the same person, the risk will also increase.
Alternative rider benefit
According to the company, if the insured pays additional insurance fee for accidental death facility under the same scheme, then the insured will get coverage facility up to double the sum assured in case of accidental death.
Similarly, under the full permanent disability facility, the insured will be paid in 120 monthly installments up to the sum assured and the same scheme will provide ease to the insured even in uncomfortable situations.
Similarly, the insurance premium will also be waived and if the insured has complete permanent disability after any accident, his insurance fee will be waived.
In the same scheme, the company will pay a lump sum payment of up to Rs 5 million in case of any of the 18 fatal diseases insured.
Flexible payment
In the same scheme, there is a flexible provision in premium payment and the insured will be able to pay the premium annually, half-yearlyly and quarterly. When the premium payment period for each period is also different, the insured who wants to insure for a period of 10 years can choose an 8-year payment period.
There is a provision to choose 8 years and 12 years premium payment option for 15 years. In case of 20 years, there is a provision to choose the payment period of 8, 12 and 16 years.
On the other hand, the insured opting for a 25-year insurance period will be able to choose 8, 12, 16 and 20 years of payment.
Sanima Reliance Life Insurance has informed that the insurance company will pay up to 325 percent of the insurance premium by paying short-term insurance fees and attractive bonus payments even at the end of the life insurance period.
प्रतिक्रिया दिनुहोस्