Along with providing a broad slate of Investment Solutions to meet your Financial Goals based on your personal Risk Appetite and Return Preference, NBP Funds also offers you the benefit of Financial Security for your loved ones by offering Insurance/Takaful Coverage over your investment, making NBP Funds a one stop solution for all of your financial needs.
NBP Funds provides its mutual fund investors with Free of Cost Accidental Insurance / Takaful Coverage, on maintaining a minimum net investment value of Rs. 95,000/-. The coverage is equal to the investment value subject to a maximum of Rs. 10 Lacs. (Terms and conditions apply)
NBP Funds offers you the peace of mind to not only save for your happy retirement but also ensure the financial security of your loved ones through comprehensive Free of Cost Insurance/Takaful Coverage starting from maintain a minimum balance of Rs 1000/-. Following coverages are offered to investors of our pension funds. (Terms and conditions apply)
| Benefits | New VPS Insurance/Takaful Policy |
|---|---|
| Death Benefit | Up to Rs. 7 million or investment amount, whichever is lower |
| Accidental Death Benefit | Rs. 7 million or investment amount, whichever is lower, plus basic death benefit |
| Permanent Total Disability (Accidental) | Up to Rs. 7 million or investment amount, whichever is lower |
| Accidental Medical Expense | 20% of Investment Value. Max Rs. 1 million p.a. |
NBP Funds offers you the peace of mind to not only save for your life goals but also ensure the financial security of your loved ones in unforeseen circumstances through Life and Accidental Insurance / Takaful Coverage starting from maintain a minimum balance of Rs 95,000/- in NBP Islamic Saving Plans. Monthly Premium of the insurance / Takaful coverage is deducted automatically from your investment account as per the offering documents of the Funds. (Terms and conditions apply)
NBP Funds provides you option of availing the benefit of Life and Accidental Insurance/Takaful Coverage of up to Rs. 50 Lacs in selected Funds on maintaining a minimum investment value of Rs. 95,000/-. The coverage is equal to the investment value subject to a maximum of Rs. 50 Lacs. Monthly Premium of the insurance / Takaful coverage is deducted automatically from your investment account as per the offering documents of the Funds.