Yakal Sabadhik Amrit
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. This is a single premium plan that provides long term risk coverage on one time premium payment with return on premium as bonus
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 64 | — |
| 15-20 | Rs 64 | Rs 64 |
| 21-25 | Rs 70 | Rs 70 |
| 26+ | Rs 85 | — |
Recent years
- FY 2081/82
- Rs 64–85/ 1,000
- FY 2080/81
- Rs 64–85/ 1,000
- FY 2079/80
- Rs 64–85/ 1,000
- FY 2078/79
- Rs 64–85/ 1,000
- FY 2077/78
- Rs 64–85/ 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
- Traditional endowment plan
- Maturity benefit with declared bonuses
- Payment modes: Single premium
Features
- Life cover (death benefit)
- Participating (profit) plan with bonuses
- Guaranteed maturity benefit
- Multiple premium payment modes
- Policy loan facility available
Terms and conditions
- Death
- Sum Assured with accrued bonuses
- Survival(Maturity)
- Sum Assured with reversionary bonuses at the end of the policy term
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, and the policy ends.
Typical for endowment plans — confirm the exact terms in the brochure.
If the policy runs to maturity
You receive the sum assured plus the bonus built up to that date as a lump sum on the maturity date.
Typical for endowment 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 endowment plans — confirm the exact terms in the brochure.
Optional riders
Accidental Death Benefit (ADB)
Accidental Death Benefit available under the single-premium plan terms.
Loan & liquidity
- Policy loan
- Available
- Surrender allowed
- After 3 years
- Loan facility
- Up to 90% of surrender value
Questions about this plan
What kind of plan is Yakal Sabadhik Amrit?
Yakal Sabadhik Amrit from National Life Insurance Company Limited 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 Yakal Sabadhik Amrit?
The entry age for Yakal Sabadhik Amrit is 12 – 60 years.
How long does Yakal Sabadhik Amrit run?
The policy term for Yakal Sabadhik Amrit is 5-30 years.
How much cover can I take on Yakal Sabadhik Amrit?
The sum assured available on Yakal Sabadhik Amrit is Rs 50,000 – Rs 50,00,000.
What bonus rate does Yakal Sabadhik Amrit earn?
For FY 2081/82, National Life Insurance Company Limited declared Rs 64–85 / 1,000 of sum assured on Yakal Sabadhik Amrit. Bonus rates are set each year and are not guaranteed.
Which riders can be added to Yakal Sabadhik Amrit?
Yakal Sabadhik Amrit can be taken with the following optional riders: Accidental death (ADB). Each rider carries its own premium.
Premium
Quote on request