Himalayan Endowment Cum Whole Life Assurance Plan
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 plan is an endowment-cum-whole-life assurance where the sum assured is payable on the death of the insured whenever it occurs. Premiums are payable for a stipulated period while the assured amount is paid to nominees on death.
परिपक्वता अनुमान
अनुमानित परिपक्वता रकम
—
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 0-9 | Rs 40 | Rs 36 |
| 10-14 | Rs 50 | Rs 45 |
| 15-19 | Rs 53 | Rs 50 |
| 20-24 | Rs 59 | Rs 57 |
| 25+ | Rs 75 | Rs 75 |
Recent years
- FY 2081/82
- Rs 40–75/ 1,000
- FY 2080/81
- Rs 36–75/ 1,000
Source: हिमालयन 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 बीमित रकम रु.100,000
- अक्सिडेन्टल बेनिफिट रु.1,00,00,000 सम्म
- 3 वर्ष प्रिमियम भरेपछि लोन सुविधा
Features
- न्यूनतम बीमित रकम रु.100,000
- प्रिमियम तिर्ने अवधि न्यूनतम 5 वर्षदेखि अधिकतम 59 वर्ष
- अक्सिडेन्टल बेनिफिट (ADB/PWB/PTD) बढीमा रु.1,00,00,000
- तीन वर्षको सम्पूर्ण प्रिमियम भरेपछि लोन सुविधा
- म्याचुरिटी लाभ: बीमित रकम + संचित बोनस
- PTD हुँदा प्रिमियम माफी र अधिकतम 120 महिनाका लागि मासिक आय लाभ
Terms and conditions
- 1. Loan Facility: 3-year complete premium paid should be required for getting a Policyholder loan.
- 2.Surrender value, Paid-up Value as per policy.
- 3.Policy Mature Benefit: Sum Assured + Accrued Bonus
- 4.Survival Benefits at age of 100 years: Sum Assured
- 5.Death Benefits: Within Term Period - Sum Assured + Accrued Bonus up to Term Period during Death.
- 6.Death Benefits after policy mature: Sum Assured.
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, whenever the claim arises — there is no end date on the cover.
Typical for whole life plans — confirm the exact terms in the brochure.
After the premium-paying term ends
There is no maturity date. Once the premium-paying term ends, no further premiums are due and the cover stays in force for the rest of the insured's life.
Typical for whole life 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 whole life plans — confirm the exact terms in the brochure.
Optional riders
दुर्घटना मृत्यु लाभ
दुर्घटना मृत्यु लाभ
स्थायी पूर्ण अशक्तता लाभ
स्थायी पूर्ण अशक्तता लाभ
बीमाशुल्क छुट लाभ
स्थायी पूर्ण अशक्ततापछि बीमाशुल्क छुट
मासिक आय लाभ
स्थायी पूर्ण अशक्ततापछि मासिक आय लाभ
Accidental Death Benefit
Accidental death benefit
Permanent Total Disability Benefit
Total permanent disability benefit
Premium Waiver Benefit
Premium waiver after total permanent disability
Monthly Income Benefit
Monthly income benefit after total permanent disability
Loan & liquidity
- Policy loan
- Available
Premium
Quote on request