Accident & Health Insurance (Life Shield)
|Eligibility||Minimum Age- 18 Years; Maximum Age- 59 Years|
|Coverage Amount||According to Package|
|Policy Term||5 Years (yearly renewable)|
|Mode of Payment||Annual, Semi- Annual|
|Death||In case of death of Insured, Beneficiary will receive lump sum amount of death benefit as specified in the policy.|
|Accidental Death, Dismemberment & permanent Total Disability (AD, D & PTD - Lump sum||In case the insured dies or is Totally disabled or dismembered due to accident, the beneficiary will receive lump sum amount of AD, D & PTD coverage as specified in the policy.|
|Accidental Death, Dismemberment & permanent Total Disability – Life Time||In case the insured dies or is Totally disabled or dismembered due to accident, the beneficiary will receive Life time income (every month) minimum 20 years guaranteed according to the policy specification|
|Accidental Medical Reimbursement (AMR)||Medical expenses incurred by Insured due to accident can be reimbursed according to the policy specification.|
|In-Hospitalization (Accident & Sickness)||If insured is hospitalized to accident or sickness, he/she will receive weekly income for up to 52 weeks according to the policy specification|
|Accidental Disability Weekly Indemnity||If insured is disabled due to accident, he/she will receive weekly income up to 52 weeks according to the package availed|
|Accidental & sickness In-Hospital Surgical Expense||Surgical expenses incurred by the Insured due to accident or sickness can be reimbursed according to the policy specification|
Standard Chartered Bank Nepal Limited is a licensed Corporate Agent of MetLife (American Life Insurance Company) for life insurance products.
The insurance plans of MetLife are underwritten and issued by MetLife & claims will also be settled by MetLife as per the terms and conditions of the policy.
For more details or risk factors, terms and conditions, exclusions please read the terms and conditions carefully, before buying any products. Please refer policy document for exact terms and conditions and specific details applicable to the Insurance Policy. Standard Chartered Bank Nepal Limited does not accept any responsibility nor gives any warranty, express or implied, as to the accuracy, reliability and completeness of any statement made in or the omission of any provisions of the contract of Insurance and the Bank does not accept any liability for loss or damage of whatsoever nature, which may be attributable to your application, its receipt, payment of claims under it or the contract of Insurance. Your participation in this insurance product is purely on a voluntary basis. We advise you to take your own professional advice before you participate.
Insurance is the subject matter of solicitation.