12.5% market share100.0% claims settledEst. 1988

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. This is a single premium, non-linked, with profits endowment plan which offers the policyholder a combination of protection and savings.

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
5-14Rs 64
15-20Rs 64Rs 64
21-25Rs 70Rs 70
26+Rs 85

Recent years

FY 2081/82
Rs 64–85/ 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

  • एकल प्रीमियम योजना
  • बोनस प्राप्त हुने योग्य (प्रतिभागी योजना)
  • बचत र सुरक्षा संयोजन

Features

  • जीवन सुरक्षा र परिपक्वता लाभ
  • परम्परागत (profit-participating) बोनस सम्भावना
  • ऋण सुविधा उपलब्ध
  • कागजात मार्फत साधारण केवाईसी र आवेदन
Terms and conditions
  1. 1)Death Benefits:
  2. On death of the policyholder, during the policy term, the Sum Assured on Death under the policy plus the Accured Reversionary Bonus as on the date of death will be payable to the Nominee / Beneficiary. The policy will terminate upon such payment.
  3. 2)The Sum Assured on Death is desfined as follows:
  4. 100% of Sum Assured during policy years 1 to 5
  5. 125% of Sum Assured during policy years 6 to 10
  6. 150% of Sum Assured during policy years 11 to 15
  7. 200% of Sum Assured during policy years 16 to 20
  8. 3)Maturity Benefit:
  9. On survival of the policyholder till the end of the policy term, sum assured plus accrued reversionary bonus shall be payable. The Policy will terminate upon such payment.
  10. 4)Surrender Value:
  11. a) The Policy shall have a surrender value after 30 days issue of policy.
  12. b) Loan against policy can be obtained after 30 days of the issue of policy and shall not exceed 90% of the surrender value, as determined above.

नेशनल 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, and the policy ends.

    Typical for endowment plans — confirm the exact terms in the brochure.

  2. If the policy runs to maturity

    You receive the sum assured plus the bonus built up to that date as a lump sum on the maturity date.

    Typical for endowment 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 endowment plans — confirm the exact terms in the brochure.

Optional riders

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

    बीमाङ्क बराबर वा अधिकतम रु. ५०,००,००० सम्म दुर्घटना मृत्यु लाभ।

  • Accidental Death Benefit (ADB)

    Accidental Death Benefit equal to Sum Assured or up to Rs. 5,000,000.

Premium

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