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Thursday, April 11, 2019

LIC brings policy

KATHMANDU: On the occasion of Nepali New Year, LIC Nepal has introduced a new life insurance policy named ‘Dhanbristi’.

Anyone in the age bracket of 13 to 60 years can sign up for the policy, as per a media release.

The term for the said life insurance has been set at 10 or 15 years, with minimum insured amount set at Rs 100,000 and no upper ceiling as per insurance underwriting rules.

In the 10-year policy, 33 per cent of the amount is returned every three years, while 15 per cent is returned every three years in the 15-year policy.

Upon maturity, the policyholder will receive the final instalment as well as the bonus earned during the term.

from Business – The Himalayan Times http://bit.ly/2GhJs2K

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