Sanima Reliance Saral Endowment Policy Gains Popularity for Its Unique Features

Kathmandu – Sanima Reliance Life Insurance’s “Saral Endowment Policy”, a life insurance policy designed to provide high protection coverage, savings, and financial security to citizens across Nepal. The policy has become a preferred choice for individuals from diverse sectors, including farmers, traders, teachers, industrialists, drivers, and security personnel.

This plan offers a blend of protection and savings at an affordable premium. It includes benefits such as Accidental Death Benefit (ADB), Permanent Total Disability (PTD), Premium Waiver Benefit (PWB), and Critical Illness (CI) coverage. The sum assured can go up to Rs. 10 million for ADB and PTD, and Rs. 5 million for CI. Insured individuals also receive a lump sum payment with bonuses upon policy maturity or in case of an untimely death during the term.

Speaking about the policy, Chief Business Officer Surya Prakash Gupta emphasized its importance in addressing financial uncertainties while encouraging a culture of savings. The policy is accessible to individuals aged 18 to 60, with a minimum sum assured of Rs. 25,000 and no upper limit. The policy term ranges from 7 to 52 years, with flexible premium payment options including single, annual, half-yearly, or quarterly payments.

Sanima Reliance Life has made the purchase process simple and convenient through its network of over 18,000 agents and 170 branch offices nationwide. The company is also recognized for its streamlined claim settlement process, ensuring quick and efficient service to policyholders.

The Saral Endowment Policy has been particularly lauded for its comprehensive coverage and flexibility, making it an ideal choice for securing financial stability and meeting future needs.