Gaki Pelzom Life Policy Icon

Gaki Pelzom Life Policy

If you want to save as well as make a lifetime investment, there is no better deal than our Gaki Pelzom Life Policy. Commonly known as GPLP, this policy gives you TWO Insurance Plans for the price of one. GPLP combines Endowment Life and Whole Life into one Life Policy.

What this basically means is that GPLP guarantees a Survival Benefit, which is the Sum Assured plus the Bonus, with lifetime insurance coverage for the policyholder until the age of 97.

In other words, your nominees will still be entitled to the full Sum Assured of Nu 50,000 or Nu 100,000, depending on the Sum Assured, even after the receipt of your Survival Benefit earlier.

BENEFITS
Protection Icon

Protection

Tax Rebate Icon

Tax Rebate

Disability Benefit Icon

Disability Benefit

Survival Benefit Icon

Survival Benefit

SA plus bonus upon death during the term Icon

SA plus bonus upon death during the term

Premium waiver in the event of disability Icon

Premium waiver in the event of disability

Eligibility Page default image
Eligibility
  • Anyone with income
  • Entry Age: 18 – 55 years
  • Sum Assured: Nu 50,000 – 500,000
  • Term: 5 – 52 years
  • Loan: Eligible after 3 years
  • Surrender: After 3 years from the payment of the premium
BENEFITS Page default image
Benefits
  • Survival Benefit – Sum Assured plus Bonus
  • Sum Assured plus bonus in the event of policyholder’s untimely demise during the term
  • Sum Assured guaranteed in the event of policyholder’s untimely demise after the term
  • Accident Benefits available with the payment of an additional premium
  • Disability Benefit
  • Premium Waiver in the event of policyholder’s disability
  • 50% Tax Waiver
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