Anticipated Life Insurance - NEPAL MONETARY SOLUTIONS (NMS)

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Saturday, February 8, 2014

Anticipated Life Insurance

Anticipated Life Insurance

  • definitely, the fixed amount of money is reimbursed to the insured in the designated period in between the insurance period

  • This insurance can be activated only by participating in the profits accrued

  • This insurance can be done for periods of 15, 20 or 25 years and in this scheme, the insurance sum is reimbursed 3 times in installments within the total insurance period

  • However, for 25 years of the insurance period, the reimbursement is made 4 times. But the bonus amount can only be paid to the insured upon the maturity of insurance period

  • In case the insured expires prior to the maturation of insurance period, whole of the insurance sum and the earned bonus is awarded

  • This scheme is also immensely popular among the masses