Guaranteed Income (Parivar Aay Labh) Endowment

5.2% market share100.0% claims settledEst. 2008

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. Guaranteed Income (Parivar Aay Labh) endowment life insurance plan. Fixed-term plan with 12 years premium payment and a one-time lump-sum survival benefit at policy year 12.

परिपक्वता अनुमान

Rs
Rs 1.00 lakhRs 2.00 crore
वर्ष

अनुमानित परिपक्वता रकम

Declared bonus

Rate by policy term

Declared FY 2081/82

Policy termRate / 1,000Prev. year
0-14Rs 61Rs 45
15-19Rs 62Rs 48
20-24Rs 64Rs 55
25+Rs 75Rs 62

Recent years

FY 2081/82
Rs 61–75/ 1,000
FY 2080/81
Rs 45–62/ 1,000
FY 2079/80
Rs 42–75/ 1,000
FY 2078/79
Rs 45–60/ 1,000
FY 2077/78
Rs 40–60/ 1,000

* Company-wide declared range — the plan's own term bands were not published that year.

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

  • न्यूनतम वार्षिक प्रीमियम रु. २५,०००
  • बीमाङ्क = वार्षिक प्रीमियम × १२
  • १२ वर्षमा एकमुष्ठ जीवित लाभ (प्रतिशत तालिकाअनुसार)

Features

  • बीमा अवधि २४ वर्ष
  • बीमाशुल्क भुक्तानी अवधि १२ वर्ष
  • न्यूनतम वार्षिक बीमाशुल्क रु. २५,०००
  • बीमाङ्क = वार्षिक बीमाशुल्क × १२
  • १२ वर्षको वर्षदिवसमा जीवित रहेमा एकमुष्ठ लाभ भुक्तानी
  • ३ वर्ष प्रिमियम भुक्तानी पश्चात् बीमालेख धितोमा कर्जा सुविधा
  • योजना गैर-मुनाफा (non-participating)
Terms and conditions
  1. Lump sum benefit: The following lump sum benefit will be paid on the anniversary of the completion of 12 (twelve) years from the date of commencement of insurance:

एसियन लाइफ इन्स्योरेन्स’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.

  1. If the insured passes away during the term

    This plan states: Sum Assured (annual_premium × 12) or available paid-up/surrender value as per policy terms

  2. 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.

  3. 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 (ADB)PTD / PWBCritical illness (CI)
  • दुर्घटना मृत्यु लाभ

    ऐच्छिक दुर्घटना मृत्यु लाभ।

  • स्थायी अपाङ्ग/अशक्त सुविधा

    ऐच्छिक स्थायी अपाङ्ग/अशक्त सुविधा।

  • बीमाशुल्क छुट सुविधा

    ऐच्छिक बीमाशुल्क छुट सुविधा।

  • गम्भीर रोग लाभ

    ऐच्छिक Asian Critical Care गम्भीर रोग लाभ।

  • Accidental Death Benefit

    Optional accidental death benefit.

  • Permanent Total Disability Benefit

    Optional permanent total disability benefit.

  • Premium Waiver Benefit

    Optional premium waiver benefit.

  • Critical Illness Benefit

    Optional Asian Critical Care benefit.

What's not covered

  • प्रचलित कानून बमोजिम अनुमति प्राप्त वैध हवाई सेवा अन्तर्गत नियमित मार्गमा यात्रा गर्दा बाहेक अन्य उडानमा मृत्यु
  • कानून विरुद्ध गतिविधि (जस्तै युद्ध, विद्रोह) मा संलग्न हुँदा हुने मृत्यु
  • नागरिक वा जंगी ऐन भंग गर्दा
  • बीमालेख प्रारम्भ मिति/पुनर्जागरण मितिबाट दुई वर्ष भित्र आत्महत्या हुँदा (दुई वर्ष भित्र वा बीमालेख व्यतित अवस्थामा मगज बिग्रेको होस् या नहोस् बारमा परीक्षण अनुसार) - सो बेला मात्र चुक्ता मूल्य मात्र भुक्तानी हुने

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