Lagani Firta Myadi Beema
Term Plan with Return of Premium
Mahalaxmi Life Lagani Firta Myadi Beema is designed to provide insurance coverage at least premium. The beauty of this plan is the return of premium upon completion of policy term even though this is a term plan.
- Name and type of insurance : Lagani Firta Myadi Beema / Non-participating term plan
- Age at Entry : 18 years to 65 years
- Policy Term : 5 years to 30 years
- Maximum Maturity Age : 70 years
- Mode of Premium Payment : Single
- Minimum Sum Assured : 1,00,000
- Maximum Sum Assured : 5,00,00,000, (in intervals of 10,000)
- Benefits under this policy:
- Full sum assured is payable to the nominee/beneficiary upon death of insured.
- The basic premium (excluding the rider premium and health and occupational extra premium) is payable to the insured upon policy maturity.
- The policy will gain paid-up value or surrender value 2 years after the date of policy commencement. The paid-up calculation is done as per the approved method prescribed by Beema Samiti. Loan of up to 90% of the surrender value can be availed.
- Supplementary benefits: ADB and PTD (Accidental Death Benefit and Permanent Total Disability Benefit) is available for full policy term, equal to sum assured but not more than 1,00,00,000 upon payment of additional premium.
First Premium Issued Date: 12th February 2019
Mahalaxmi Saral Jeevan Beema
"Mahalaxmi Saral Jeevan Beema" is a Limited Payment Endowment Plan.....
Mahalaxmi Jeevan Surakshya Beema
"Mahalaxmi Jeevan Surakshya Beema" is a term life plan that provides....
Barshik Dhan Firta Beema Yojana
'"Mahalaxmi Barshik Dhanfirta Beema" is an Anticipated Endowment....
Micro Term Assurance Plan
Micro Term Life Product This is Single Premium Micro Term Policy....
Gandaki Bikas Bank Ltd. to sell insurance policy of Mahalaxmi Life Insurance Ltd.
Date: 2076-01-26 A contract has been signed between Gandaki Bikas....
Accidental Death Benefit (ADB) & Permanent Total Disability (PTD) Benefit
Accidental Death Benefit - (ADB) If policy assured dies due....
Accidental Death Benefit (ADB)
If policy assured dies due to accident during the policy period,....
Double Endowment Plan
Guaranteed Return Endowment Plan The plan is a non-participating....