IME Endowment cum Whole Life Plan (IME Aajeevan Sawadhik Beema Yojana)

3.0% market share100.0% claims settledEst. 2017

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. IME Endowment Cum Whole Life Plan is a combined whole-life and endowment policy offering lifetime protection and an estate-planning vehicle. Coverage continues up to age 100 even after premium-paying term.

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
0-9Rs 32Rs 32
10-14Rs 32Rs 32
15-19Rs 45Rs 45
20-24Rs 55Rs 55
25-29Rs 65Rs 65
30+Rs 80Rs 80

Recent years

FY 2081/82
Rs 32–80/ 1,000
FY 2080/81
Rs 32–80/ 1,000
FY 2079/80
Rs 32–80/ 1,000
FY 2078/79
Rs 32–70/ 1,000
FY 2077/78
Rs 30–70/ 1,000

Source: आईएमई 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

  • आजीवन सुरक्षा (१०० वर्षसम्म)
  • न्यूनतम बीमांक रु.100,000
  • आजीवन र सावधिक योजना (वेस्टेड बोनस सहित)
  • राइडर विकल्पहरू उपलब्ध

Features

  • आजीवन सुरक्षा (१०० वर्षसम्म कवरेज)
  • न्यूनतम बीमांक रु. 100,000
  • प्रवेश उमेर 18-65 वर्ष
  • ऋण सुविधा (सरेन्डर भ्याल्यु आएपछि)
  • कर लाभ
  • वैकल्पिक राइडरहरू: आकस्मिक मृत्यु, आय लाभ, प्रिमियम वेभर, क्रिटिकल इल्यनेस आदि
Terms and conditions
  1. 1.On Death of Policyholder during the policy term, Full Sum Assured Plus Vested Bonus, if any, will be paid to nominee/beneficiary.
  2. 2.On Survival till Maturity, Full Sum Assured Plus Vested Bonus, if any, will be paid to Policy holder.
  3. 3.On Death of Policyholder post Maturity, Full Sum Assured will be paid to nominee/beneficiary.
  4. 4.On Survival to 100 years, Full Sum Assured will be paid to nominee/beneficiary.
  5. 5.Loan Facility: After the policy acquires Surrender Value.
  6. 6.Tax Benefits.

आईएमई 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

    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.

  2. 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.

  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 whole life plans — confirm the exact terms in the brochure.

Optional riders

Accidental death (ADB)PTD / PWBCritical illness (CI)
  • दुर्घटना मृत्यु लाभ

    ऐच्छिक राइडर

  • आय लाभ

    स्थायी पूर्ण अशक्ततामा ऐच्छिक आय लाभ

  • एकमुष्ट लाभ

    स्थायी पूर्ण अशक्ततामा ऐच्छिक एकमुष्ट लाभ

  • बीमाशुल्क छुट लाभ

    स्थायी पूर्ण अशक्ततामा ऐच्छिक बीमाशुल्क छुट लाभ

  • अन्त्येष्टि खर्च लाभ

    ऐच्छिक अन्त्येष्टि खर्च लाभ

  • घातक रोग लाभ

    ऐच्छिक घातक रोग राइडर

  • Accidental Death Benefit

    Optional rider

  • Income Benefit

    Optional income benefit on permanent total disability

  • Lump-Sum Benefit

    Optional lump-sum benefit on permanent total disability

  • Premium Waiver Benefit

    Optional premium waiver on permanent total disability

  • Funeral Expense Benefit

    Optional funeral expense benefit

  • Critical Illness Benefit

    Optional critical illness rider

Loan & liquidity

Policy loan
Available
Loan facility
Up to 90% of surrender value

Premium

Quote on request

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