This is pure cover: it pays your family if something happens during the term, and there is no amount paid back at the end. Affordable credit-term life insurance designed to provide maximum risk cover with minimal premiums. No maturity benefit; full sum assured paid on death during policy term. Optional riders available.
What's included
Key highlights
- Low-premium credit-term cover
- Flexible term: 1–15 years
- Yearly premium mode
Features
- Designed for maximum risk cover with minimal premiums
- Minimum sum assured NPR 10,000; Maximum NPR 2,000,000
- Full sum assured payable on death during policy term
- No maturity benefit
- Premium payment mode: Yearly
- Optional riders: Funeral expense, Accidental death, Accidental total/partial permanent disability
What happens in each case
Each plan pays out differently depending on what happens during the term. These are the situations that matter for this kind of plan.
If the insured passes away during the term
The nominee receives the full sum assured. There is no savings element, so nothing else accrues.
Typical for term plans — confirm the exact terms in the brochure.
If the policy runs to maturity
There is no maturity payout. The premium buys cover for the term, not savings.
Typical for term plans — confirm the exact terms in the brochure.
If death is caused by an accident
With the accidental death rider, an additional amount is paid on top of the sum assured. The rider is optional and carries its own premium.
Typical for term plans — confirm the exact terms in the brochure.
Optional riders
Questions about this plan
What kind of plan is IME Credit Term (Karja Myadi Jeevan Beema)?
IME Credit Term (Karja Myadi Jeevan Beema) from IME Life Insurance is a term plan that is pure life cover for a fixed period, with no savings element, and suits people protecting family income or a loan.
Who can buy IME Credit Term (Karja Myadi Jeevan Beema)?
The entry age for IME Credit Term (Karja Myadi Jeevan Beema) is 18 – 65 years.
How long does IME Credit Term (Karja Myadi Jeevan Beema) run?
The policy term for IME Credit Term (Karja Myadi Jeevan Beema) is 1-15 years.
Which riders can be added to IME Credit Term (Karja Myadi Jeevan Beema)?
IME Credit Term (Karja Myadi Jeevan Beema) can be taken with the following optional riders: Accidental death (ADB), PTD / PWB. Each rider carries its own premium.
Premium
Quote on request