Kathmandu: National Life Insurance Company Limited has introduced a new endowment insurance plan called ‘Jeewan Shree Sawadhik Amrit Bimalekh’ in the insurance market keeping in view the income source, savings and security of the insured class.
The product offers 9 percent annual return on Sum Assured after maturity till the age of 80 years of Life Assured. Moreover, after the age of 80 years, the Life Assured shall receive Sum Assured along with the vested bonus.
The minimum Sum Assured is Rs. 50,000 and maximum SA shall be decided based on the income source of the proposer. Further, the Plan also offers the facility of policy loan after three annual insurance premium payment.