Products JyotiLife Term Policy

The main objective of Life Insurance is to safeguard us from the financial loss from the unforeseen incident. JyotiLife Term Insurance plan is designed for high risk protection to the assured with comparatively very low premium rate than other plans. This plan is the best plan in terms of high level of security at a lower cost.

Plan Features: Criteria

Minimum Sum Assured NPR 350,000
Maximum Sum Assured Unlimited (Based On Income)
Minimum Policy Term 5 Yrs
Maximum Policy Term 35 Yrs
Minimum Entry Age 16 Yrs
Maximum Entry Age 65 Yrs
Maximum Maturity Age 70 Yrs
Premium Payment Frequency Yearly

Basic Benefits:

  • In case of death before maturity, Basic Sum assured will be paid to the beneficiary of the insured.

Insurance Premium:

Insurance Premium is to be determined based on age of insured, policy term and requested coverage amount.

Optional Benefits (Rider Benefits):

With payment of premium, following additional benefits can be taken:

1. Accidental Death Benefit (ADB) Only:

This benefit can be taken with payment additional Rs. 1 per thousand. In case of death due to accident, additional benefit equal to basic sum assured or maximum Rs. 5,00,000 whichever is less is payable to the beneficiary of assured.