Amrit Shree Money Back
by National Life Insurance Company Limited
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. You also receive part of the cover amount at set points during the term, not only at the end. Amrit Shree Money Back — an anticipated endowment / whole-life style money-back life insurance plan offering periodic survival payouts, death benefit and participation in declared bonuses.
Maturity estimator
Estimated value at maturity
—
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 5-14 | Rs 60 | — |
| 15-20 | Rs 60 | Rs 64 |
| 21-25 | Rs 70 | Rs 64 |
| 26+ | Rs 85 | — |
Recent years
- FY 2081/82
- Rs 60–85/ 1,000
- FY 2080/81
- Rs 63–64/ 1,000
- FY 2079/80
- Rs 63–85/ 1,000
- FY 2078/79
- Rs 63–64/ 1,000
- FY 2077/78
- Rs 63–64/ 1,000
Source: National Life Insurance Company Limited 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
- Scheduled survival payouts
- Death benefit + bonuses
- Loan & surrender available
Features
- Periodic survival (money-back) payouts
- Death benefit (sum assured) plus declared bonuses
- Participating/profit-sharing traditional plan
- Policy loan and surrender facilities
- Multiple policy terms and premium frequency options
National Life Insurance Company Limited’s page for this plan
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
The nominee receives the sum assured plus the bonus built up to that date. Instalments already paid out along the way are not deducted from this amount.
Typical for money-back plans — confirm the exact terms in the brochure.
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
You receive the balance of the sum assured plus the bonus built up to that date — the part not already paid as instalments.
Typical for money-back plans — confirm the exact terms in the brochure.
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
Accidental Death Benefit is listed as an available benefit.
Waiver of Premium
Waiver Premium is listed as an available benefit.
Critical Illness
Critical Illness Benefit is listed as an available benefit.
Total Permanent Disablement
Total Permanent Disablement Benefit is listed as an available benefit.
Loan & liquidity
- Policy loan
- Available
Questions about this plan
What kind of plan is Amrit Shree Money Back?
Amrit Shree Money Back from National Life Insurance Company Limited 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 Amrit Shree Money Back?
The entry age for Amrit Shree Money Back is 14 – 65 years.
How long does Amrit Shree Money Back run?
The policy term for Amrit Shree Money Back is 5-20.
How much cover can I take on Amrit Shree Money Back?
The sum assured available on Amrit Shree Money Back is From Rs 5,00,000.
What bonus rate does Amrit Shree Money Back earn?
For FY 2081/82, National Life Insurance Company Limited declared Rs 60–85 / 1,000 of sum assured on Amrit Shree Money Back. Bonus rates are set each year and are not guaranteed.
Which riders can be added to Amrit Shree Money Back?
Amrit Shree Money Back can be taken with the following optional riders: Accidental death (ADB), PTD / PWB, Critical illness (CI). Each rider carries its own premium.
Premium
Quote on request