Bal Bhagyodaya (Anticipated Endowment)
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. If you are ever unable to keep paying, the plan carries on by itself and your child still receives the full amount when the term ends. A child-focused anticipated endowment plan providing maturity benefits and declared bonuses under a participating (with-profit) traditional endowment structure.
परिपक्वता अनुमान
अनुमानित परिपक्वता रकम
—
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 5-14 | Rs 60 | — |
| 15-20 | Rs 60 | Rs 64 |
| 21-25 | Rs 70 | Rs 64 |
| 26+ | Rs 85 | — |
Recent years
- FY 2081/82
- Rs 60–85/ 1,000
- FY 2080/81
- Rs 63–64/ 1,000
- FY 2079/80
- Rs 63–85/ 1,000
- FY 2078/79
- Rs 63–64/ 1,000
- FY 2077/78
- Rs 63–64/ 1,000
Source: नेशनल 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
- बाल एण्डोमेन्ट योजना
- परिपक्वतामा बोनस सहित लाभ
- पारंपरिक सहभागी योजना
Features
- बालवर्गका लागि लक्षित जीवन बीमा योजना
- म्याचुरिटीमा निश्चि्त नगदसुनिश्चितता र कम्पनीले घोषणा गर्ने बोनस
- पारंपरिक सहभागी (profit participating) संरचना
- विभिन्न प्रिमियम भुक्तानी आवृत्तिहरू समर्थित
- प्रवेश उमेर सानातिना बालबालिकाका लागि अनुकूल
Terms and conditions
- Death Benefits:
- Premium payment shall be waived till maturity
- Regular anticipated installment shall be paid even after the death of assured
- 50% of Sum Assured plus Entire bonus earned shall be paid to the nominee (child) on maturity
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, and the policy ends. Most child plans are written on the parent's life, so see the next case for how the child is protected.
Typical for child plans — confirm the exact terms in the brochure.
If the parent or guardian passes away
Future premiums are waived and the policy continues on its own. The child still receives the full maturity amount at the set age. Many child plans also pay the child a regular income until then — the brochure states the rate.
Typical for child plans — confirm the exact terms in the brochure.
If the policy runs to maturity
The child receives the sum assured plus the bonus built up to that date, timed to the age set when the policy was taken out.
Typical for child 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 child plans — confirm the exact terms in the brochure.
Optional riders
दुर्घटना मृत्यु लाभ (ADB)
उल्लेखित अतिरिक्त बीमाशुल्कमा अधिकतम रु. २५,००,००० सम्म दुर्घटना मृत्यु लाभ।
बीमाशुल्क छुट सुविधा (PWB)
उल्लेखित अतिरिक्त बीमाशुल्कमा बीमाशुल्क छुट सुविधा उपलब्ध।
Accidental Death Benefit (ADB)
Accidental Death Benefit up to Rs. 2,500,000 at the stated additional premium.
Premium Waiver Benefit (PWB)
Premium waiver benefit available at the stated additional premium.
Loan & liquidity
- Policy loan
- Available
Premium
Quote on request