Samriddha Bhavishya Laghu Jeewan Beema
A micro endowment life plan that combines insurance protection with mandatory savings and pays a guaranteed maturity benefit at the end of the term.
What's included
Key highlights
- नीति अवधिः ५, १०, १५, २० वर्ष
- परिपक्वता अधिकतम उमेर ७० वर्ष
- सरेंडर ३ वर्षपछि सम्भव
Features
- दुर्घटना मृत्यु र अपाङ्गता राइडर उपलब्ध
- कम प्रिमियम — सस्तो र पहुँचयोग्य
- डिजिटल खरीद र सेवा सक्षम
- नीतिपछि मृत्युमा नामितलाई बीमित रकम भुक्तानी
- नियम अनुसार ३ वर्षपछि सरेंeder गर्न सकिने
- नीतिको अन्त्यमा निश्चित परिपक्वता लाभ
Terms and conditions
- Death Benefits
- Sum assured is payable to nominee in case of death during policy term.
- Surrender Benefits
- Policy can be surrendered after 3 years as per regulatory rules.
- Maturity Benefits
- Guaranteed maturity benefit is paid at the end of policy term.
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
This plan states: Sum Assured payable to nominee if death during policy term
If the policy runs to maturity
This plan states: Guaranteed maturity benefit at end of policy term
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 & Disability Rider
Optional rider that provides additional benefit on accidental death or permanent disability
Loan & liquidity
- Policy loan
- Not available
- Surrender allowed
- After 3 years
- Paid-up value
- Yes
- Partial withdrawal
- No
What's not covered
- Suicide (as per standard terms)
- War, civil commotion
- Pre-existing conditions as per underwriting
- Self-inflicted injuries and illegal acts
Premium
Quote on request