14/10/2026
1. What is the Kuenphen Tshesog Ngenchoel Policy (KTN)?
KTN is a pure term insurance policy with an optional Critical Illness Rider, offering high life coverage at affordable premiums. It provides financial protection in case of the policyholder’s untimely death and an additional lump sum benefit if diagnosed with a specified critical illness (if opted).
2. What is the entry age and maturity age for this policy?
• Minimum Entry Age: 18 years
• Maximum Entry Age: 60 years
• Maximum Age at Maturity: 70 years
3. What is the minimum and maximum Sum Assured?
• Minimum: Nu 100,000
• Maximum: Nu 10,000,000 (per life)
4. What are the available premium payment modes?
All modes of payment are available, annual, half-yearly, quarterly, and monthly.
5. What is the policy term?
The policy term can range from a minimum of 5 years to a maximum of 40 years.
6. Is there a maturity benefit under this plan?
No. This is a pure term insurance plan and does not offer any maturity benefit.
7. What is the Waiting Period for this policy?
There is a 45-day waiting period from the commencement of the risk.
• If the policyholder dies due to accident during the waiting period: Sum Assured is paid
• If death occurs due to other causes: 100% of premiums paid (excluding taxes) will be refunded
8. What is the Death Benefit after the waiting period?
Upon death after the 45-day waiting period, the full Sum Assured on Death is paid as a lump sum.
9. Is Accident Benefit (AB) available?
Yes. Accident Benefit can be availed up to Nu. 500,000 under all premium modes, with an additional premium of Nu. 2 per Nu. 1,000 of AB cover.
10. What is the Critical Illness Rider (CI Rider)?
The optional Critical Illness Rider pays a lump sum upon diagnosis of any listed critical illness, offering financial assistance for medical treatment and lifestyle needs.
11. What is the waiting period for the Critical Illness Rider?
The waiting period for the CI rider is 6 months from the policy inception date. No CI claims are entertained during this period.
12. How many times can the Critical Illness benefit be claimed?
Only one Critical Illness claim is allowed per policy term, except in the case of Angioplasty, which follows specific rules.
13. What are the rules for Angioplasty under CI?
• If CI Sum Assured is ≤ Nu. 500,000: Full CI Sum Assured is paid and CI benefit ends
• If CI Sum Assured is > Nu. 500,000: Nu. 500,000 is paid, and the remaining CI cover continues at the original premium rate
• Only one Angioplasty claim is allowed during the policy term
14. What happens after a CI claim is paid?
a. For CI claims (other than Angioplasty):
• CI cover ends
• CI premiums stop
• Life cover (death benefit) continues
b. For Angioplasty claims with CI > Nu. 500,000:
• Nu. 500,000 is paid
• Remaining CI continues
• CI premiums continue
15. What is the maximum CI Sum Assured allowed?
The CI Sum Assured is capped at 50% of the base Sum Assured or Nu. 2,000,000, whichever is lower.
16. What are the illnesses covered under the Critical Illness Rider?
A total of 33 critical illnesses are covered, including:
• Cancer of Specified Severity
• First Heart Attack of Specified Severity
• Kidney Failure Requiring Dialysis
• Stroke with Permanent Symptoms
• Alzheimer’s Disease
• Blindness, Deafness, Loss of Limbs/Speech
• Coronary Artery Bypass Graft (CABG)
• Major Organ or Bone Marrow Transplant
• Permanent Paralysis
• And many more. Please refer to the full list for all covered conditions.
17. Is su***de covered under this policy?
Yes, but only after 12 months from the date of inception or revival of the policy. If su***de occurs before this period, no death benefit will be paid.
18. Can the CI Rider be added later?
No. The CI rider must be opted for at the inception of the policy. It cannot be added later.
For detailed terms, exclusions, or claim procedures, kindly contact us at 1818 or visit the nearest RICB branch office. See less
