What are the features of Guardian Life’s Long Life Saving Small Life Plan ?

Kathmandu : The interest of the insured in the Long Life Saving Micro Life Insurance Scheme announced by Guardian Micro Life is increasing. This scheme has been chosen by the insured because of the maximum guaranteed return along with financial security.

In this scheme, the minimum sum assured is Rs.10,000 and the maximum sum assured is Rs.5 lakh. In this plan, the company has fixed the insurance period of 12.16 years.

Similarly, in this plan introduced by the company, the minimum insurable age has been set at 18 years. This means that people who are at least 18 years old can take this insurance. Similarly, the company has fixed the maximum insurable age at 55 years. This means that those who have reached the age of 55 years at most can get this insurance.

On the other hand, the company has fixed the maximum age of maturity at 70 years. In this plan, the insured can pay the insurance premium in any way, single annual and semi-annual.

In this scheme. 110 percent of the sum assured plus guaranteed return amount will be given after the maturity of the insurance policy of 12 years. Similarly, the company said that after the maturity of the insurance policy of 16 years insurance period 120 percent of insurance plus guaranteed return amount will be returned.