What is a suitable Dashain gift for little girls? “Insurance Policy”
Kathmandu: On Dashain, children receive Tika, Prasad and Ashirvad along with Dakshina from their elders.To make the festival more joyful, some parents also give their children various gifts. Traditionally, parents give children items of interest, toys or expensive things.
A little change in gift-giving habits can go a long way in making your children’s future brighter.
These are suitable child insurance plans for children :
Nepal Life Insurance has children’s life insurance and children’s education insurance. Both policies can be insured from a minimum of Rs.1 lakh to a maximum of Rs.50 lakh. The policy will mature in 19 years.
Himalayan Life Insurance :
In this scheme, you can get facilities from 50 thousand rupees to a maximum of 20 lakh rupees. It is planned to mature in maximum 30 years.
Suryajyoti Life Insurance :
Reliable Life Insurance Company has introduced ‘Reliable Sulab Bal Jeevan Bima Plus’ scheme for children up to 15 years of age. This plan can be purchased for a minimum of Rs.3 lakh to Rs.50 lakh. This scheme matures in minimum 18 years and maximum 69 years.
Himalayan Life Insurance :
Himalayan Life Insurance Company has introduced ‘Child Endowment Life Assurance Plan’ for children up to 13 years of age. This plan can be purchased from a minimum of Rs.50,000. This scheme matures in minimum 13 years to maximum 65 years.
National Life Insurance :
National Life Insurance Company Limited has introduced ‘Baal Amrit Endowment Policy’ for children between 1 year and 15 years. This plan can be purchased for a minimum of Rs.50,000 to Rs.25 lakh. It is planned to mature in a minimum period of 11 years to 20 years.
Prabhu Mahalakshmi Life Insurance has introduced an insurance plan called ‘Jeevan Unnati Bima (Child Money back Plan)’ for children from minimum 30 days of birth to 15 years of age.
It can be purchased for a minimum of Rs 50,000 to Rs 75 lakh. It matures in a minimum of 16 years and a maximum of 70 years.
Sun Nepal Life Insurance :
Sun Nepal Life Insurance has introduced an insurance scheme called ‘Bal Samriddhi Jeevan Bima’ for children up to 15 years of age. This plan can be purchased from Rs.50,000 to Rs.50 lakh with various discount facilities. This scheme matures in 30 years.
LIC Nepal Life :
Life Insurance Corporation (Nepal) has introduced an insurance plan called ‘Children’s Endowment Plan’ for children up to 10 years of age. This plan can be purchased from a minimum of Rs.50,000 to Rs.50 lakh.
Sanima Reliance Life Insurance :
Sanima Reliance Life Insurance has launched an insurance scheme named ‘Mero Mutu Bal Bima Yojana’ for children up to 15 years of age. This plan can be purchased for Rs.50,000 to Rs.50,000 with various discounts. This scheme matures in a minimum period of 25 years to 65 years.
IME Life Insurance :
IME Life Insurance has introduced an insurance scheme called ‘IME Bal Kiran Jeevan Bima Yojana’ for children up to 15 years of age. This plan can be purchased from a minimum of Rs 1 lakh onwards. This scheme matures in a minimum period of 16 years to 25 years.
Asian Life Insurance :
Asian Life Insurance has introduced an insurance plan called ‘Asian Child Assurance Plus’ for children up to 17 years of age. This plan can be purchased from a minimum of Rs.50,000 to above. And this plan matures in 32 years.
National Insurance Institute :
The National Insurance Institute has introduced an insurance scheme named ‘Bal Umang Jeevan Bima Yojana’ for children up to 15 years of age. This plan can be purchased from a minimum of 1 lakh rupees and above. It is planned to mature in 65 years.
Met Life Insurance :
Met Life Insurance has introduced an insurance plan called ‘Education Protection Plan’ for children. This insurance plan is suitable for people from 1 month of birth to 25 years of age. It can be purchased from as low as 50,000 rupees to as high as 50,000 rupees. This scheme matures in a minimum period of 10 to 25 years.
How to get life insurance?
There are 19 life insurance companies operating in Nepal. They have been providing facilities to the insured by operating branch offices in different districts.You can offer your elder or sister insurance through a life insurance agent. For that, first of all, you need to calculate your income properly.
The government-owned National Insurance Institute and 18 private sector companies provide this service. We can insure ourselves wherever we find ourselves. Insurance companies have insurance agents. According to the advice of the agents, you can buy an insurance policy according to your budget.
Also, you can understand the insurance policy by going to the website of the insurance companies. Since a brother can buy an insurance policy (assuming guardianship) and give an insurance policy as a gift to his sister, is it better to give an insurance policy that will pay off big in the future rather than giving it today?
How much should I pay for insurance?
The self-insured can decide according to his income how much rupees to insure. The insurance amount can be paid annually, semi-annually or quarterly.
If you insure a small amount, you have to pay a small amount, while if you insure a large amount, you have to pay a higher amount. So you can get insurance according to your income. You can also insure insurance for more than 50,000 rupees.
Generally, insurance can be insured for a period of five to 54 years. If your age is 30 years and your income is for insurance of 5 lakhs for a period of 15 years, then you have to pay 33 (approximately) thousand rupees to the company annually.
Where to contact?
If there is any agent near you, you can contact him and get an insurance policy. The answer to the question of which company to buy life insurance is that the insured can choose the benefits offered by different companies.