Money Back Plan
Entry age
18–60 years
Minimum Sum Assured
रु. 250,000
Yearly payment
5% of Sum Assured
Coverage
रु. 2.5 लाख (NPR 2.5 Lakh)
Based on source of income
Claim Settlement Rate (Asian Life Insurance)
0.01%
Source: 2081/82
Description
Annual payment money-back life insurance with entry age 18–60 years, policy term 10–20 years and minimum sum assured NPR 250,000. Pays 5% of sum assured on each policy anniversary; on maturity balance sum assured plus accrued bonuses are payable. On death during policy term, sum assured plus accrued bonuses are payable.
Features
- Minimum sum assured NPR 250,000
- Annual payout: 5% of sum assured on each anniversary
- Maturity: balance sum assured + accrued bonuses
- Death benefit: sum assured + accrued bonuses
- Bonuses: Simple Reversionary and Terminal (Terminal bonus after inforce ≥10 years)
- Policy loans not available
Highlights
- 5% annual payout
- Minimum Sum assured NPR 250,000
- Entry age 18–60
Life Insurance Details
Money Back Policy
Available Riders
Accidental Death Benefit (ADB)
Permanent Total Disability (PTD)
Premium Waiver Benefit (PWB)
Asian Critical Care (Critical Care)
Eligibility
Age18 - 60 years
Policy Term10 to 20 years