Sahara Shrestha Nivesh-Jeevan Bima Plan – Sahara Shrestha Nivesh-Jeevan Bima Plan 2024 is one of the most important plans for the development of the country. The plan has been designed in a way that it will take into account the current and future needs of the people of Nepal. It will aim to improve the living standards of the people, provide them with education and healthcare facilities, and promote economic development. In addition, the plan will also focus on environmental conservation.
The Sahara Shrestha Nivesh Jeevan Bima Plan is a traditional Endowment Plan with a one-time premium that covers life insurance and savings for the future. You can cancel the policy within 15 days of receiving the documents, provided there has not been a claim, if you are dissatisfied with the coverage and terms and conditions.
Sahara Shrestha Nivesh-Jeevan Bima Plan 2024
Despite the fact that not everyone can afford to pay their insurance premiums on a regular basis, they still require coverage to safeguard their family’s finances. One of the few plans that can satisfy these needs is the Sahara Shrestha Nivesh – Jeevan Bima Plan. This plan was designed with the idea that some people might not always be able to afford to pay premiums on a monthly or annual basis. Instead, they are able to secure their family’s financial future in the event of an emergency with this plan by paying a single premium. For individuals whose income fluctuates and is seasonal, the Shrestha Nivesh – Jeevan Bima Plan is the best option.
Are you looking for a comprehensive and affordable healthcare plan for you and your family? If so, then you’ll want to check out the Sahara Shrestha Nivesh-Jeevan Bima Plan 2024. This plan offers a variety of benefits, including treatment for major illnesses, maternity care, and more. Plus, it’s available at an affordable price that won’t break the bank. So what are you waiting for? Get a copy of the plan today and start planning your future health care needs!
Sahara Shrestha Nivesh-Jeevan Bima Plan 2024 Details
| Name Of Article | Sahara Shrestha Nivesh-Jeevan Bima Plan 2024 |
| Sahara Shrestha Nivesh-Jeevan Bima Plan 2024 | Click Here |
| Category | Insurance |
| Official Website | Click Also |
Who is eligible for the Sahara Shrestha Nivesh-Jeevan Bima Plan? – Eligibility
If you are an Indian national residing in Nepal, and your annual income falls below the poverty line (as per the latest Nepali rupee exchange rate), you are eligible for the Sahara Shrestha Nivesh-Jeevan Bima Plan. This plan is available to individuals who are not covered by any other government social security program. Eligibility for this plan is based on your marital status, number of dependents, and your occupation. You can find more information on the official website of the Nepal Ministry of Labor.
The basic eligibility requirements for the Sahara Shrestha Nivesh – Jeevan Bima Plan must be met by any potential policyholder. These are the details:
| Particulars | Details |
| Minimum Age at Entry | 9 years |
| Maximum Age at Entry | 60 years |
| Minimum Age at Maturity | 19 years |
| Maximum Age at Maturity | 70 years |
| Plan Type | Endowment plan |
What you get and how much it costs in the Sum Assured and Premium Range?
Are you looking for a car that can take you anywhere and protect you at the same time? If so, you’re in luck. The Sum Assured and Premium Range cars from Avis provide both quality and value, and they come with a number of features that are sure to make your life easier. In this post, we’ll take a look at what you can expect in the Sum Assured and Premium Ranges, and we’ll also outline the costs associated with each. So whether you’re looking for a new or used car, be sure to check out the Sum Assured and Premium Ranges from Avis!
The Sum Assured and Premium Range terms that come with the Sahara Shrestha Nivesh – Jeevan Bima Plan are as follows:
Sum Assured:
| Sum Assured | Amount |
| Minimum Sum Assured | Rs.30,000 |
| Maximum Sum Assured | Rs.1 crore (subject to underwriting) |
Premium Range:
| Premium Range (low – high) | Rs.16,992 for long term arrangement term, gave the age at section is 9 years. Rs. 71,17,825 for a five-year policy term, assuming 60 years of age at entry. |
| Payment Mode | Cash/ECS |
| Policy Term | 5 to 10 years old, depending on entry age. Keep in mind that a person needs to be at least 19 years old to be mature. |
| Premium Payment Term | Single premium |
What the Sahara Shrestha Nivesh – Jeevan Bima Plan covers in terms of coverage?
The Sahara Shrestha Nivesh – Jeevan Bima Plan is a government-backed healthcare insurance scheme that provides coverage for medical expenses incurred during a hospital stay. This includes both inpatient and outpatient treatment, as well as covers the costs of medicines and other treatments. In addition, the plan has a provision for mental health care, and it covers the costs of fertility treatments. So what are the details of this plan? Let’s take a closer look to find out!
There are a number of life insurance coverage features included in this plan. They are all listed in the table below in the column:
| Features | Details |
| Maturity Benefit | The Sum Assured at Maturity will be paid to the insured and their nominees when the policy reaches maturity. |
| Death Benefit | Sum Assured at Death will be paid to the nominees if the insured dies. Please keep in mind that the benefits that will be paid will not be:
|
What is not covered by the Sahara Shrestha Nivesh – Jeevan Bima Plan?
In this post, we’ll be discussing what is not covered under the Sahara Shrestha Nivesh – Jeevan Bima Plan. This plan was launched in order to provide a sustainable solution to the spate of floods that have been hitting Nepal in recent years. We’ll be discussing the main areas that are not covered, as well as the potential solutions that may be available. So whether you’re looking for help with your own flood damage or just want to learn more about this complex and ongoing crisis, read on!
The Sahara Shrestha Nivesh – Jeevan Bima Plan accompanies a couple of rejections – or conditions – which on the off chance that met will void the strategy without the organization expecting to pay the advantages guaranteed. The plan’s exclusion is as follows:
- A sum equal to 80% of the total premiums paid will be distributed to the nominees in the event that the insured person takes their own life within a year of purchasing the plan. For instance, the nominees will receive a payment of Rs. 80,000 if a person had paid premiums totaling Rs. 1 lakh.
Free Look Period, Policy Loan, Nomination, and other important features
Other important aspects of the Sahara Shrestha Nivesh – Jeevan Bima Plan include the following:
| Features | Details |
| Free Look Period | If a policyholder does not agree with the terms and conditions, they have the option to return the policy. However, the policy must be returned within 15 days by providing the policy document and a reason for doing so. Before returning the premium, the business will deduct proportionate risk premiums, costs associated with stamp duty, and medical expenses. |
| Policy Surrender | During the policy’s term, surrendering the policy is possible at any time. The benefit payable upon surrender will be the higher of either the Special Surrender Value or the Guaranteed Surrender Value. |
| Policy Loan | Taking out a loan on a policy is an option for policyholders. The maximum loan amount is ninety percent of the policy’s surrender value. Additionally, the business reserves the right to deduct the loan’s interest rate from the policy fund. |
| Policy Term | ||||||
| Policy Year | 0 | 6 | 7 | 8 | 9 | 10 |
| 1 | 70% | 70% | 70% | 70% | 70% | 70% |
| 2 | 70% | 70% | 70% | 70% | 70% | 70% |
| 3 | 70% | 70% | 70% | 70% | 70% | 70% |
| 4 | 90% | 90% | 90% | 90% | 90% | 90% |
| 5 | 90% | 90% | 90% | 90% | 90% | 90% |
| 6 | 90% | 90% | 90% | 90% | 90% | |
| 7 | – | – | 90% | 90% | 90% | 90% |
| 8 | – | – | – | 100% | 100% | 100% |
| 9 | – | – | – | – | 110% | 110% |
| 10 | – | – | – | – | – | 120% |
Take note that GSV is the percentage of the single premium that was paid when the policy was bought. This incorporates no expenses and stamp obligations paid or any extra charges.
Tax Benefits:
There are a few tax advantages associated with the Sahara Shrestha Nivesh – Jeevan Bima Plan.These are the main ones:
- According to the Income Tax Act’s Section 80C, premiums paid can be deducted.
- Derivations on death advantage and endurance advantage will be pertinent in light of Area 10 (10D) of the Annual Duty Act.
Why you ought to purchase the Shrestha Nivesh – Jeevan Bima Plan from Sahara Life?
If you’re looking for a comprehensive medical insurance plan that covers a wide range of medical treatments and expenses, the Shrestha Nivesh – Jeevan Bima Plan from Sahara Life is the right option for you. This plan provides you with coverage for hospitalization, emergency services, surgery, maternity care, pediatric care, and more. Plus, it has a low premium rate that makes it affordable for everyone. So why wait? Make the Shrestha Nivesh – Jeevan Bima Plan your go-to medical insurance plan today!
You should buy the Shrestha Nivesh – Jeevan Bima Plan from Sahara Life for the following reasons:
- Affordable: This is a plan with a single premium, and people can get it for as little as Rs. 16,000 per year. Additionally, the plan provides benefits that exceed the cost of the premium by more than one hundred percent.
- Only an Indian business: This plan comes from the principal entirely Indian insurance agency. In addition, it was designed with people in mind who are looking for insurance coverage but don’t have a lot of money.
Exclusions
- Only 80% of the premiums paid are returned to the nominee in the event of a suicide that occurs within a year of the policy’s inception.
Documents Required
The policyholder is required to submit an accurate medical history, proof of address, and other KYC documents on an “Application form/proposal form. “Depending on the amount insured and the person’s age, a medical examination may be required in some instances.
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