Nepal Life Insurance  launches Nepal Life Sammunat scheme

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Company has introduced the Life Life scheme targeting the working professionals who are engaged in risky occupations where there are increased chances of accidents, deaths, and permanent impairments.

 

Under this system, the family members of the employees who indulge in high-risk professions would earn three times the amount of insurance and obtained bonus in event of the death of the employee. People to 18 to 60 years get insured under this plan where the insurance time can run from five years to thirty years, while the insurance package of Rs 50 thousand to Rs 1 crore can be picked which would mature at the maximum age of 65 years, per the media announcement.

In case of the death of the insured person due to any other reason specified in the tncs of the insurance, nominee of the insured person will be eligible to receive double the insured amount insurance compensation including the accumulated bonus while the receivable insurance amount will triple up in case the death is due to the accidents mentioned in the policy, as per the media statement.

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