Bumper Shreevriddhi Jeevan Beema
by प्रभु महालक्ष्मी लाइफ इन्स्योरेन्स
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 endowment life product from Prabhu Mahalaxmi Insurance providing death benefit and maturity benefit at policy term end. Participating plan with potential bonuses/dividends.
परिपक्वता अनुमान
अनुमानित परिपक्वता रकम
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Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 5-9 | Rs 33 | — |
| 10-14 | Rs 33 | Rs 33 |
| 15-19 | Rs 40 | Rs 40 |
| 20-24 | Rs 51 | Rs 51 |
| 25+ | Rs 70 | Rs 70 |
Recent years
- FY 2081/82
- Rs 33–70/ 1,000
- FY 2080/81
- Rs 33–70/ 1,000
- FY 2079/80
- Rs 33–70/ 1,000
- FY 2078/79
- Rs 33–70/ 1,000
- FY 2077/78
- Rs 33–70/ 1,000
Source: प्रभु महालक्ष्मी 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
- परम्परागत सहभागी (बोनस) जीवन योजना
- बीमाङ्कमा वार्षिक ५% वृद्धि
- पॉलिसी ऋण सुविधा उपलब्ध
Features
- मृत्यु बीमाश्रय (बीमाङ्क लाभ)
- योजना परिपक्वतामा बीमाङ्क लाभ र सम्भावित बोनस
- प्रिमियम भुक्तानीका बहु विकल्प
- ऋण सुविधा
- कर लाभ सम्भावना (स्थानीय कर नियम अनुसार)
Terms and conditions
- 1. Maturity Benefit: Sum assured (Including increases to the basic sum assured) at the time of maturity plus bonuses (on basic sum assured) declared and vested in the policy, if any.
- 2. Death Benefit: Sum Assured (including increases to the basic sum assured) at the time of death plus bonuses (on basic sum assured) declared and vested in the policy, if any.
- 3. Surrender value, paid-up value and Loan: The policy is eligible for loan or surrender upon payment of premiums for 3 full years and completion of 3 years. The paid-up calculation for calculating surrender value is done as per the approved method prescribed by Beema Pradhikaran. Loan up to 90 % of the surrender value can be availed.
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.
Typical for endowment plans — confirm the exact terms in the brochure.
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.
Optional riders
Loan & liquidity
- Policy loan
- Available
- Loan facility
- Up to 90% of surrender value
Premium
Quote on request