Samridhhi Agrim Bhuktani Laghu Jeevan Beema Yojana (Money Back)
About this plan
Samridhhi Agrim Bhuktani Laghu Jeevan Beema Yojana is a micro endowment (money-back) life insurance plan that returns a fixed percentage of the Sum Assured at specified intervals until maturity, and provides guaranteed maturity, death and premium waiver benefits. It is aimed at low-income and marginalized groups and supports children’s education and future security.
What's included
Key highlights
- Affordable micro-plan
- Policy terms: 15 / 20 / 25 years
- Sum Assured: NPR 50,000 – NPR 500,000
Features
- Affordable premium life cover
- Money-back payments at fixed intervals
- Guaranteed maturity, anticipated and death benefits
- Premium waiver benefit in specified circumstances
- Surrender allowed after 3 years
- Loan facility up to 90% of surrender value after 3 years
- Tax benefits
Eligibility & term
- Entry age
- 18 – 50 years
- Policy term
- 15/20/25 Years
- Sum assured
- Rs 50,000 – Rs 5,00,000
- Premium modes
- Yearly, Half-yearly, Quarterly
Benefits payout
- Death benefit
- Basic Sum Assured + Guaranteed Additions (paid without deducting returned anticipated amounts)
- Maturity benefit
- Remaining percentages of Sum Assured as per money-back schedule + Guaranteed Addition
Declared bonus
Term-wise Breakdown
FY 2081/82
| Tenure (Years) | Rate (per '000) |
|---|---|
| 5-25 | Rs. |
Reversionary bonus rates declared for the latest fiscal year based on policy term. Rates are revised annually and are not guaranteed for future years.
Bonus & maturity projection
Optional riders
Accidental Death Benefit
The rider amount is paid alongside the base cover if death is caused by an accident.
Total Permanent Disability (TPD)
Pays 50–100% of the rider amount (per the TPD schedule) for permanent disability caused by an accident.
Premium Waiver Benefit
Waives the remaining premiums on permanent disability caused by an accident, or on the other stated conditions.
Loan & liquidity
- Policy loan
- Available
- Surrender allowed
- After 3 years
- Paid-up value
- Yes
- Partial withdrawal
- No
What's not covered
- Suicide within specified waiting period
- War and allied perils
- Pre-existing conditions as per underwriting
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Premium
Quote on request