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Prime Shuvalabh
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Prime Shuvalabh
This plan offers the Guaranteed Bonus, multiple risk covers as well as loyalty additions at the policy maturity.
Launched Date : 06/22/2021
First Issued Date :
Policy Requirements
Minimum Sum Assured
Npr 100,000
Maximum Sum Assured
No Limit
Minimum Entry Age
18 Years
Maximum Entry Age
60 Years
Minimum Policy Term
12 Years
Maximum Policy Term
15 Years
Max Maturity Age
75 Years
Premium Paying Term
Single or 6 / 8
Premium Payment Frequency
Yearly, Half Yearly & Single
Benefits
Benefits on SINGLE Payment:
At the time of Maturity:
100% base sum assured plus Rs. 40/1000 guaranteed bonus
plus additional loyalty bonus 15/1000 and 30/1000 of the base
sum assured for 12 & 15 Years policy terms respectively.
Death before maturity:
{Base sum assured in case of death in first 2 years, 125% of
base sum assured in case of death between year 3 and 5 &
150% of base sum in case of death after 5 years} + Accured
Guaranteed bonus Rs. 40/1000 SA as at the date of death.
Benefits on REGULAR Payment:
At the time of Maturity:
100% base sum assured plus Rs. 60/1000 guaranteed bonus
plus additional loyalty bonus 25% and 30% of the base sum
assured for 12 & 15 Years policy terms respectively.
Death before maturity:
{Base sum assured in case of death in first 2 years, 150% of
base sum assured in case of death between year 3 and 5 &
200% of base sum in case of death after 5 years} + Accured
Guaranteed bonus Rs. 60/1000 SA as at the date of death.
Rider Benefits
Accidental Death Benefit (ADB) and Total Permanent Disability and Premium Waiver (TPD/PW) (Equal to basic sum assured or maximum NPR. 10,000,000 which ever is less)
Critical Illness Cover up to NPR. 25 Lakh.
Personal accident and disabilities with Medical expenses cover up to NPR. 50 Lakh.
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Information Officer
Mr. Rajan Prasad Adhikari
rajan@primelifenepal.com
+977-1-5970057
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Manakamana Marga, Kathmandu
P. Box 25979
+977-1-5970057
info@primelifenepal.com
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