Reliance Barshik Dhana Barsa Jeevan Beema Yojana
First Date of Issuance:
Sum Assured & Extra Benefits (as illustrated below) + Vested Bonus
|Policy Term (Years)||Percentage of Sum Assured (%)|
Full Sum Assured along with bonuses declared and vested shall be paid to the beneficiary.
Minimum Sum Assured: NPR 100,000
Maximum Sum Assured: No Limit
Minimum Entry Age: 16 Years
Maximum Entry Age: 55 Years
Minimum Policy Term: 15 Years
Maximum Policy Term : 20 Years
Maximum Maturity Age: 75 Years
Policy Term: 15,20
Accidental Death Benefits (ADB):
On death of the insured due to accident, an additional amount equal to Sum Assured or NPR 1 Crore, whichever is less, is payable to the beneficiary. This benefit is available only on insured attaining an age of 16 years.
Permanent Total Disability (PTD):
On Permanent Total Disability of the insured due to accident, an additional amount equal to Sum Assured or NPR 1 Crore, whichever is less, is payable in monthly installment spread over 120 months. If the remaining term to maturity is less than 120 months, the balance installments is payable in lump sum on maturity or at death, whichever is earlier. This benefit is available only on insured attaining an age of 16 years.
Premium Waiver Benefits (PWB):
On Permanent Total Disability of the insured due to accident, the entire future premiums due subsequent to the date of Total Permanent Disability will be waived.In case of life insurance of minor, on death of the Proposer during the policy term, the future premium due subsequent to the date of death will be waived till child attains an age of 16 years.