Jeevan Amrit (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 participating life insurance plan combining endowment and whole-life benefits. Provides death benefit and maturity benefit and may participate in declared bonuses.
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 60 | Rs 70 |
Recent years
- FY 2081/82
- Rs 60/ 1,000
- FY 2080/81
- Rs 64–85/ 1,000
- FY 2079/80
- Rs 64–85/ 1,000
- FY 2078/79
- Rs 64–85/ 1,000
- FY 2077/78
- Rs 64–85/ 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
- एन्डोमेन्ट + होल लाइफ एकीकृत योजना
- बोनस सहभागी योजना
- लामो अवधिको संरक्षण र बचत संयोजन
Features
- एन्डोमेन्ट र होल लाइफ लाभ समायोजनमा उपलब्ध
- मृत्यु लाभ र परिपक्वता लाभ
- प्रवर्तित बोनस/घोषित लाभमा सहभागिता (participating plan)
- विभिन्न प्रिमियम भुक्तानी विकल्प (वार्षिक/छमासिक/त्रैमासिक/मासिक)
Terms and conditions
- 1. Survival benefits: Sum Assured plus bonus earned shall be paid on maturity
- 2.Death benefits:
- Sum Assured plus bonus earned shall be paid to the nominee
- 3. After maturity, Sum Assured shall be provided to the nominee on the death of assured
- 4. Other benefits:
- Paid up and surrender claim shall be provided
- Loan Facility provided.
- Tax exemption as per ITA,2058
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 (ADB)
उल्लेखित अतिरिक्त बीमाशुल्कमा अधिकतम रु. ५०,००,००० 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. 5,000,000 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