Limited Endowment Policy

A limited premium-paying endowment life plan with flexible premium payment terms and option to increase risk coverage every 5 years. Death benefit pays Sum Assured plus declared & vested bonuses; maturity pays Basic Sum Assured plus bonuses.

Entry age

18 – 65 years

Policy term

10 – 25 years

Sum assured

From Rs 50,000

Premium modes

Yearly, Half-yearly, Quarterly

Death benefit

100% of Basic SA during policy years 1-5; 125% during years 6-10; 150% during years 11-15; 200% during years 16-20; 225% during years 21-25, plus declared & vested bonus

Maturity benefit

Basic Sum Assured + declared & vested bonuses

Accidental benefit

Additional amount equal to Sum Assured or NPR 10,000,000 whichever is lower

Declared range for the fiscal year shown — the exact rate depends on the plan and term. Rates are revised annually and are not guaranteed for future years.

• Accidental Death Benefit (ADB)

  Additional amount equal to Sum Assured or NPR 10,000,000 whichever is lower payable on accidental death.

• Permanent Total Disability (PTD)

  Sum Assured or NPR 10,000,000 whichever is lower payable in 120 monthly installments; balance payable as lump sum if remaining term less than 120 months. Future premiums waived if disabled due to accident (when PWB applies).

• Premium Waiver Benefit (PWB)

  Waives future premiums after PTD due to accident.

• Critical Illness (CI)

  On diagnosis of covered critical illness, additional amount equal to Sum Assured or NPR 5,000,000 whichever is lower.

Paid-up value

Yes

Partial withdrawal

No

• Suicide (within policy specified waiting period)
• War, invasion, hostilities, civil commotion, nuclear risks
• Pre-existing conditions not disclosed/subject to waiting period