061-591097/98 | info@libertymlife.com.np | Newroad Complex , Newroad | Pokhara Metropolitan City | Ward no 8 | Kaski

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Liberty Micro Term Life Insurance Plan

This is a Non-linked, Non-Participating, Individual Life
Term Insurance plan, which offers
protection benefits to the life assured. It is offered to the
individual lives who takes loans from
the banks, finance companies and self-help groups,
credit societies etc. It can be offered to
the individual life who did not have formal life insurance
cover.

  • Minimum Age : 16 Years ​
  • Maximum Age : 65 Years
  • Policy Term : 1-20 Years
  • Minimum Sum Assured : 10,000/-
  • Maximum Sum Assured : As per Micro-Insurance Directives
  • Premium Paying Term : same as policy term
  • Premium Paying Mode : Yearly
  • Rebate on the basis of Sum Assured : Rebate on Large Sum Assured
Sum Assured Rebate
From Rs. 1,00,000/- to Rs. 1,99,000/- Rs. 1 per thousand
From Rs. 1,00,000/- to Rs. 1,99,000/- Rs. 1 per thousand
  • Rebate on the basis of premium payment method :
Sum Assured Rebate
From Rs. 1,00,000/- to Rs. 1,99,000/- Rs. 1 per thousand
From Rs. 1,00,000/- to Rs. 1,99,000/- Rs. 1 per thousand

The below mentioned Optional Rider is available with this policy :

a) Accidental Death Benefit(ADB)

b) Accidental Death Benefit(ADB)+Permanent Total Disable(PTD)

c)Accidental Death Benefit(ADB)+Permanent Total Disable(PTD) and Premium Waiver Benefit(PWB)

First Policy Issued Date:

* Terms and Conditions will be applicable.

Last Updated: Feb 17, 2025