NavaRatna Endowment (Limited Pay)
In simple terms: you pay a fixed amount each year, and at the end of the term you get your cover amount back together with the bonus the insurer adds along the way. A limited-pay participating endowment life insurance plan. Multiple policy terms and premium payment durations, minimum sum assured NPR 50,000. Sum assured plus bonus paid on maturity or on death.
Maturity estimator
Estimated value at maturity
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Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 0-14 | Rs 44 | Rs 44 |
| 15-19 | Rs 44 | Rs 44 |
| 20-24 | Rs 46 | Rs 46 |
| 25+ | Rs 55 | Rs 55 |
Recent years
- FY 2081/82
- Rs 44–55/ 1,000
- FY 2080/81
- Rs 44–55/ 1,000
- FY 2079/80
- Rs 42–50/ 1,000
- FY 2078/79
- Rs 42–50/ 1,000
- FY 2077/78
- Rs 40–60/ 1,000
Source: Asian Life Insurance declaration for FY 2081/82
Bonus rates are declared annually and are not guaranteed. Past rates do not guarantee future rates.
What's included
Key highlights
- Minimum entry age 18 years
- Maximum entry age 65 years
- Policy term 5–30 years
Features
- Participating (with-profit) Nav Ratna endowment
- Minimum sum assured NPR 50,000
- Multiple limited premium payment term options available
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: Sum Assured + Bonus
If the policy runs to maturity
This plan states: Sum Assured + Bonus
If death is caused by an accident
This plan states: Available via rider
Optional riders
Loan & liquidity
- Policy loan
- Available
Questions about this plan
What kind of plan is NavaRatna Endowment (Limited Pay)?
NavaRatna Endowment (Limited Pay) from Asian Life Insurance is an endowment plan that pairs savings with life cover for a single adult, and suits people who want a guaranteed amount on a fixed future date.
Who can buy NavaRatna Endowment (Limited Pay)?
The entry age for NavaRatna Endowment (Limited Pay) is 18 – 65 years.
How long does NavaRatna Endowment (Limited Pay) run?
The policy term for NavaRatna Endowment (Limited Pay) is 5, 10, 15, 20, 25 or 30 years.
How much cover can I take on NavaRatna Endowment (Limited Pay)?
The sum assured available on NavaRatna Endowment (Limited Pay) is From Rs 50,000.
What bonus rate does NavaRatna Endowment (Limited Pay) earn?
For FY 2081/82, Asian Life Insurance declared Rs 44–55 / 1,000 of sum assured on NavaRatna Endowment (Limited Pay). Bonus rates are set each year and are not guaranteed.
What is paid if the insured passes away during the term?
Sum Assured + Bonus
What is paid when NavaRatna Endowment (Limited Pay) matures?
Sum Assured + Bonus
Which riders can be added to NavaRatna Endowment (Limited Pay)?
NavaRatna Endowment (Limited Pay) can be taken with the following optional riders: Accidental death (ADB), PTD / PWB. Each rider carries its own premium.
Premium
Quote on request