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Contact Number +977-1 4545740 | 4545741 | 4545742 Contact Email info@mahalaxmilife.com Location Kamalpokhari, Kathmandu

Jeevan Surakshya Beema

Mahalaxmi Jeevan Surakshya slider

“Mahalaxmi Jeevan Surakshya Beema” is a term life plan that provides insurance coverage to the insured during the policy term at very low amount of premium.

  • Name of the plan

    Mahalaxmi Jeevan Surakshya Beema

  • Age of Entry

    18 yrs to 65 yrs

  • Maximum Age of Maturity

    70 yrs

  • Maximum Sum Assured

    Rs. 50,000,000 ( Fifty Million) -(in intervals of 10,000)

  • Grace Period

    • 30 days in case of yearly, half-yearly and quarterly modes of payment
    • 15 days in case of monthly mode premium payment

  • Benefits under this policy

    Full sum assured is payable to the nominee upon death of insured within the policy term provided that the policy is in force.

  • Insurance Plan Type

    Non-Participating Term Life Insurance

  • Policy Term

    5 yrs to 30 yrs

  • Minimum Sum Assured

    Rs. 100,000 (One Hundred Thousand)

  • Mode of Payment

    Single, Yearly, Half-Yearly, Quarterly and Monthly

  • Supplementary Benefits

    Accidental Death Benefits (ADB), Permanent Total Disability (PTD) and Premium Wavier Benefit (PWB) available for full policy term, equal to sum assured but not more than Rs. 1,00,00,000 upon payment of additional premium.

First Policy Issued Date: 17th Sept 2019