Samridhhi Agrim Bhuktani Laghu Jeevan Beema Yojana (Money Back)
You also receive part of the cover amount at set points during the term, not only at the end. 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
Terms and conditions
- 1) Surrender Benefit
- Only after paying complete 3-year policy premium and after policy completion of 3-year, policy will be eligible for surrender.
- 2) Loan Benefit
- Only after paying complete 3-year policy premium and after policy completion of 3-year, loan facilities will be eligible up to 90 % of surrender value.
- 3) Death Benefit
- If insured die before the maturity of the active policy than in accordance with the terms and conditions of the policy, without deducting returned anticipated amount, sum assured and guaranteed addition amount acquired by policy will be provided.
- 4)Guaranteed bonus addition
What happens in each case
Each plan pays out differently depending on what happens during the term. These are the situations that matter for this kind of plan.
If the insured passes away during the term
This plan states: Basic Sum Assured + Guaranteed Additions (paid without deducting returned anticipated amounts)
Along the way, while the policy is in force
A set share of the sum assured is paid at fixed points during the term. The schedule on this page shows when each instalment falls due.
Typical for money-back plans — confirm the exact terms in the brochure.
If the policy runs to maturity
This plan states: Remaining percentages of Sum Assured as per money-back schedule + Guaranteed Addition
If death is caused by an accident
With the accidental death rider, an additional amount is paid on top of the sum assured. The rider is optional and carries its own premium.
Typical for money-back plans — confirm the exact terms in the brochure.
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
Questions about this plan
What kind of plan is Samridhhi Agrim Bhuktani Laghu Jeevan Beema Yojana (Money Back)?
Samridhhi Agrim Bhuktani Laghu Jeevan Beema Yojana (Money Back) from Crest Micro Life Insurance is a money-back plan that releases part of the sum assured at set points during the term instead of only at the end.
Who can buy Samridhhi Agrim Bhuktani Laghu Jeevan Beema Yojana (Money Back)?
The entry age for Samridhhi Agrim Bhuktani Laghu Jeevan Beema Yojana (Money Back) is 18 – 50 years.
How long does Samridhhi Agrim Bhuktani Laghu Jeevan Beema Yojana (Money Back) run?
The policy term for Samridhhi Agrim Bhuktani Laghu Jeevan Beema Yojana (Money Back) is 15/20/25 Years.
How much cover can I take on Samridhhi Agrim Bhuktani Laghu Jeevan Beema Yojana (Money Back)?
The sum assured available on Samridhhi Agrim Bhuktani Laghu Jeevan Beema Yojana (Money Back) is Rs 50,000 – Rs 5,00,000.
What is paid if the insured passes away during the term?
Basic Sum Assured + Guaranteed Additions (paid without deducting returned anticipated amounts)
What is paid when Samridhhi Agrim Bhuktani Laghu Jeevan Beema Yojana (Money Back) matures?
Remaining percentages of Sum Assured as per money-back schedule + Guaranteed Addition
Which riders can be added to Samridhhi Agrim Bhuktani Laghu Jeevan Beema Yojana (Money Back)?
Samridhhi Agrim Bhuktani Laghu Jeevan Beema Yojana (Money Back) can be taken with the following optional riders: Accidental death (ADB), PTD / PWB. Each rider carries its own premium.
Premium
Quote on request