Sanima Life Insurance

Sanima Saral (Regular Or Single Payment Endowment) Life Assurance Plan

This plan provides sum assured along with vested bonus to life assured at the end of maturity of the policy term or to the beneficiary on untimely demise of the insured person before term of the policy. In this plan, Customer can choose payment mode as regular (throughout the tenure) or single payment as ‘Ekal Bhuktani’.

The salient features of the plan are as follows:

  • Minimum Age at Entry: 16 Years (Nearer Birthday)
  • Maximum Age at Entry: 60 Years (Nearer Birthday)
  • Minimum Premium Paying Term: 7 Years
  • Maximum Premium Paying Term: 54 Years
  • Maximum Age at Maturity: 70 Years (Nearer Birthday)
  • Minimum Sum Assured: NRs.25,000/-
  • Maximum Sum Assured: Unlimited
  • Mode of Premium Payment: Yearly/Half -yearly/Quarterly/single
  • Riders: ADB, PTD+PWB


In this plan, insured can avail following riders up on payment of nominal additional premium:

Accidental Death Benefit (ADB):

If the policy holder dies due to accident under enforce policy, the company shall pay additional basic sum assured but not exceeding maximum NRs. 1,00,00,000/- .

Permanent Total Disability (PTD) and Premium Waiver Benefit (PWB):

In case of permanent total disability of insured due to accident during premium term, remaining premium will be waived and disability benefit will be paid up to 10 years. Maximum sum assured for both of these riders is NRs. 1,00,00,000/- or basic sum assured whichever is lower. ADB rider is compulsory to avail PTD+PWB rider.

Critical Illness Coverage (CI) :

This rider covers 11 critical illness throughout the premium paying term upon payment of nominal additional premium. Upon diagnosis of the critical illness, up to 50 lakh ( Basic sum assured or 50 lakh, whichever is lower)  will be  paid to the insured after survival period of 30 days. There will be waiting period of 90 days in this rider. To avail CI cover, minimum entry age is 16 and maximum maturity age is 65.

11 critical illness covered by CI are :

  1. Cancer of Specified Severity
  2. Kidney Failure Requiring Regular Dialysis
  3. Multiple Sclerosis with Persisting Symptoms
  4. Major Organ/Bone Marrow Transplant
  5. Open Heart Replacement or Repair of Heart Valves
  6. Primary Pulmonary Arterial Hypertension
  7. First Heart Attack of Specified Severity
  8. Stroke Resulting in Permanent Symptoms
  9. Coma of Specified Severity
  10. Aorta Graft Surgery
  11. Coronary Artery By-Pass Graft


Discounts on sum assured:

Sum assured Discount per thousands
Above 200000 Rs2
Rs100000 – Rs 199999 Rs1
Below Rs 100000 No discount

Discounts on payment mode:

Mode Discount %
Yearly 2%
Half-Yearly 1%
Quarterly No discount
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