Himalayan Limited Payment (Endowment Cum Whole Life) 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. A traditional endowment (combination of term insurance and savings). The sum assured is paid on survival to a specified term or on death if earlier. Loan facility available after 3 full years of premiums. Maturity: Sum Assured + accrued bonus.
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 50 | Rs 50 |
| 10-14 | Rs 50 | Rs 50 |
| 15-19 | Rs 50 | Rs 50 |
| 20-24 | Rs 50 | Rs 50 |
| 25+ | Rs 50 | Rs 50 |
Recent years
- FY 2081/82
- Rs 50/ 1,000
- FY 2080/81
- Rs 50/ 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 बीमाङ्क रु.50,000
- आकस्मिक लाभसम्म रु.1,00,00,000
- बीमा ऋण: 3 वर्ष पूर्ण प्रिमियमपछि
- अवधि ५–५९ वर्ष, प्रवेश उमेर १८–६५
Features
- जीवन बीमा र बचतको संयोजन:(आजीवन/सावधिक)
- न्यूनतम बीमाङ्क रु.50,000; अधिकतम आम्दानी अनुसार
- आकस्मिक लाभ (ADB/PWB/PTD) सम्म रु.1,00,00,000/-
- तीन वर्ष पूरा प्रिमियम तिरेपछि पोलिसी ऋण सम्भव
- सरेण्डर भ्यालु र पेड-अप भ्यालु नीतिअनुसार
Terms and conditions
- Survival Benefit :
- 1. Sum Assured and Vested Bonus up to Maturity Period
- 2. Survival to Maturity Date (Age 100 Years)
- 3. Sum Assured Only
- 4.Death Benefit within Policy Term Period : Sum Assured and Vested Bonus
- 5. Death Benefit after Policy Maturity :Sum Assured Only
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
मासिक आय लाभ
राइडरअन्तर्गत मासिक आय लाभ
बीमाशुल्क छुट लाभ
बीमाशुल्क छुट लाभ
Accidental Death Benefit
Accidental death benefit
Monthly Income Benefit
Monthly income benefit under rider benefit
Premium Waiver Benefit
Premium waiver benefit
Loan & liquidity
- Policy loan
- Available
Premium
Quote on request