Kathmandu. Asian Life Insurance Company Limited has launched a new life insurance policy for its customers.
The life insurance scheme, which was launched on Tuesday, provides annual income facility, premium waiver facility and culture expenses on completion of the term of the policy. According to the company, in other life insurance plans, there is a compulsion to include these three features as additional facilities by paying additional premium, in this insurance plan, the insured will get all these features in a unified manner.
According to the company, in case of permanent disability due to the accident within the term of the policy, the insured will be provided with the annual income benefit at the rate of 10 percent on every anniversary of the policy. Along with this, the insured will receive the sum assured (sum assured) and the bonus amount at the end of the term of the policy.
Under this insurance plan, the insured will be able to pay an additional premium and also include the accidental death benefit in this policy. Individuals between 18 years to 60 years can choose a minimum of Rs 50,000 for a period of 5 years to 15 years.
