Himalayan Endowment Plan
EndowmentPopular
Sum assured
Rs 50,000
Premium / yr
On request
Term
5–59 yrs
Entry age
18–65
About this plan
A combined term insurance and savings endowment plan paying the sum assured on maturity or earlier on death.
What's included
Key highlights
- न्यूनतम बीमाङ्क रु.50,000
- प्रवेश उमेर 18–65 वर्ष
- 3 वर्षपछि ऋण सुविधा
Features
- म्यादी बीमा र बचतको संयोजन (एन्डोमेन्ट)
- नीतिगत अवधि: 5–59 वर्ष
- दुर्घटना सम्बन्धी लाभ (ADB/PWB/PTD) सम्म रु.1,00,00,000
- 3 वर्षको पूरा प्रिमियम भुक्तान गरेपछि ऋण सुविधा
- परिपक्वता लाभ: बीमित रकम + संचित बोनस; सरेन्डर र पेड-अप उपलब्ध
- ठूलो बीमित रकम र भुक्तानी तरिकामा छुट
Eligibility & term
- Entry age
- 18 – 65 years
- Policy term
- Min 5 years to Max 59 years
Declared bonus
Rs 18–86 / 1,000
FY 2081/82
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.
Optional riders
Accidental death (ADB)PTD / PWBCritical illness (CI)
ADB
Accidental Death Benefit
Premium Waiver
Premium waiver rider
Loan & liquidity
- Surrender allowed
- After 3 years
- Surrender value
- 80% of paid premiums
- Loan facility
- Up to 90% of surrender value
- Grace period
- 30 days for annual
Pros & cons
Pros
- Formed from merger of 3 insurers - strong combined capital
- Good maximum bonus rate (Rs 86 per 1000 SA)
- Unified branch network from merged entities
- Competitive premium rates
Cons
- Very low minimum bonus rate (Rs 18) for some products
- Still integrating post-merger (operations since May 2023)
- Brand recognition building phase
- Fewer rider options than competitors
What affects your premium
- Age at entry
- Sum assured
- Policy term
- Product variant selected
How to claim
- 1Contact nearest branch
- 2Submit claim documents
- 3Verification and approval
- 4Settlement to beneficiary
Best for
Capital-security seekersExisting policyholders of merged entitiesMid-range budget
What's not covered
- Suicide within first 2 years
- Pre-existing undisclosed conditions
Other plans from हिमालयन लाइफ इन्स्योरेन्स
Premium
Quote on request