Asian Pension (Deferred & Annuity Options)
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. Long-term pension (annuity) plan with entry age 18–60 and maturity/termination age 40–70. Minimum sum assured starts from NPR 10,000. Multiple annuity options available (5/10/15/20) years respectively.
परिपक्वता अनुमान
अनुमानित परिपक्वता रकम
—
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 0-14 | Rs 42 | Rs 61 |
| 15-19 | Rs 42 | Rs 62 |
| 20-24 | Rs 44 | Rs 64 |
| 25+ | Rs 50 | Rs 75 |
Recent years
- FY 2081/82
- Rs 42–50/ 1,000
- FY 2080/81
- Rs 61–75/ 1,000
- FY 2079/80
- Rs 61–75/ 1,000
- FY 2078/79
- Rs 45–60/ 1,000
- FY 2077/78
- Rs 40–60/ 1,000
Source: एसियन लाइफ इन्स्योरेन्स 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
- प्रवेश उमेर १८–६०
- न्यूनतम बीमाङ्क रु. १०,०००
- धेरै एन्युटी विकल्प
- ऐच्छिक PWB / PTD / ADB
Features
- प्रवेश उमेर १८ वर्षदेखि ६० वर्षसम्म
- बीमा समाप्ति उमेर ४० देखि ७० वर्षसम्म
- बीमाशुल्क भुक्तानी अवधि ५ वर्ष देखि ५४ वर्षसम्म
- बीमाङ्क रु. १०,००० देखि
- भुक्तानी वार्षिक, अर्द्धवार्षिक वा त्रैमासिक
- धेरै एन्युटी विकल्प: सुनिश्चित (5/10/15/20 वर्ष) पछि आजीवन, आजीवन मात्र, खरिद मूल्य फिर्ता, वार्षिक ३% वृद्धि
- ऐच्छिक सुविधाहरू: प्रिमियम भुक्तानी छुट (PWB), अपाङ्ग/अशक्तता (PTD), दुर्घटना मृत्यु लाभ (ADB)
- एन्युटी भुक्तानी तरिका: मासिक/त्रैमासिक/अर्द्धवार्षिक/वार्षिक
- न्यूनतम एन्युटी किस्ता: मासिक रु.२५०, त्रैमासिक रु.७५०, अर्धवार्षिक रु.१५००, वार्षिक रु.३०००
Terms and conditions
- Option 1: Lifetime Annuity Facility.
- a)The life annuity payment will be made to the insured from the annuity commencement date as mentioned in the schedule of the policy.
- b)No amount will be paid after the death of the insured.
- Option 2: Guaranteed for 5 years and then lifetime annuity facility.
- a) The insured will be paid a lifetime annuity from the annuity commencement date .
- b) Annuity payment is guaranteed for 5 years.
- c) If the insured dies before the 5-year assured period of the annuity is completed, the remaining amount is paid to beneficiary as per annuity payment method.
- Option 3: Guaranteed for 10 years and then lifetime annuity facility.
- a) Starting from the annuity commencement date a lifetime annuity will be paid to the insured.
- b) Annuity payment is guaranteed for up to 10 years.
- c)If the insured dies before the 10-year assured period of the annuity has been completed, the annuity amount remaining for the 10 years will be paid to the beneficiary accordingly.
- Option 4: Guaranteed for 15 years and then lifetime annuity facility.
- a) A lifetime annuity will be paid to the insured starting from the annuity commencement date a
- b) Annuity payment is guaranteed for up to 15 years.
- c) If the insured dies before the 15-year assured period of the annuity has been completed, the annuity amount remaining for the 15 years will be paid to beneficiary accordingly
- Option 5: Guaranteed for 20 years and then lifetime annuity facility.
- a)Starting from the annuity commencement date , a lifetime annuity will be paid to the insured.
- b)Annuity payment is guaranteed for 20 years.
- c)If the insured dies before the 20-year assured period of the annuity has been completed, the annuity amount remaining for the 20 years will be paid to beneficiary accordingly.
- Option 6:Purchase Price Refund Facility.
- A lifetime annuity will be paid to the insured starting from the annuity commencement date
- After the death of the insured, the purchase value used in the purchase of the annuity will be paid to the beneficiary as mentioned in the schedule of this policy.
- Option 7: Annuity facility increasing by 3 percent (normal interest rate) per annum.
- a) A lifetime annuity will be paid to the insured starting from the annuity commencement date
- b) Such annuity amount will be paid by increasing by three percent (normal interest rate) every year.
- c)No amount will be paid after the death of the insured.
- Option 8: Lifetime Annuity Benefit to Spouse after the Death of the Insured.
- a) The Insured will receive a lifetime annuity starting from the annuity commencement date.
- b) After the death of the Insured, 100% of the annuity will be paid to his/her spouse for the rest of his/her life.
- c)In case the annuity amount starts and the spouse is less than 40 years of age at the time of the death of the spouse; the annuity amount will be paid only after the completion of 40 years.
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 + applicable bonus
If the policy runs to maturity
This plan states: Option to receive annuity as per chosen annuity option or use maturity amount (Sum Assured + Bonus) to purchase annuity
If death is caused by an accident
This plan states: Payable as per terms if applicable
Optional riders
दुर्घटना मृत्यु लाभ
ऐच्छिक दुर्घटना मृत्यु लाभ।
अपाङ्ग/अशक्त सुविधा
ऐच्छिक अपाङ्ग/अशक्त सुविधा।
बीमाशुल्क छुट सुविधा
ऐच्छिक बीमाशुल्क छुट सुविधा।
वार्षिकी विकल्प
बीमा अवधि समाप्तिमा आठ वटा वार्षिकी विकल्प उपलब्ध छन्।
Accidental Death Benefit
Optional accidental death benefit.
Permanent Total Disability Benefit
Optional permanent disability benefit.
Premium Waiver Benefit
Optional premium waiver benefit.
Annuity Options
Eight annuity options are provided at the end of the insurance period.
Loan & liquidity
- Policy loan
- Available
Premium
Quote on request