Baibhav Jeevan Beema Money Back Plan
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. You also receive part of the cover amount at set points during the term, not only at the end. Baibhav Jeevan Beema Money Back Plan from Prabhu Mahalaxmi Insurance — a traditional participating money-back life insurance offering periodic survival payments, death benefit and maturity benefit.
परिपक्वता अनुमान
अनुमानित परिपक्वता रकम
—
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 0-9 | Rs 35 | Rs 33 |
| 10-14 | Rs 35 | Rs 33 |
| 15-19 | Rs 40 | Rs 40 |
| 20-24 | Rs 51 | Rs 51 |
Recent years
- FY 2081/82
- Rs 35–51/ 1,000
- FY 2080/81
- Rs 33–70/ 1,000
- FY 2079/80
- Rs 35–51/ 1,000
- FY 2078/79
- Rs 35–51/ 1,000
- FY 2077/78
- Rs 35–51/ 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
- समय समयमा मनी ब्याक भुक्तानी
- भाग लिने (बोनस) योजना
- मृत्यु र परिपक्वता दुबै लाभ
Features
- मनी-ब्याक (समय समयमा जीवनधारकलाई जवाफ) भुक्तानी
- मृत्यु अवस्थामा बीमा रकम उपलब्ध
- परिपक्वता लाभ (सम्पूर्ण बीमित अवधिपछि)
- कम्पनी नियम अनुसार पोलिसी ऋण / समर्पण मूल्य / चुक्ता मूल्य
- कर लाभ सम्भावना (स्थानीय कर नियम अनुसार)
- राइडर्स थप गर्ने विकल्प
Terms and conditions
- 1)Death Benefit: Full Sum Assured and vested bonus is paid without deducting the money back that have already been paid out if any.
- 2)Survival benefits: Benefit as a % of Sum assured on survival to subject to the in-forcement of the policy
- 3)Surrender 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. Instalments already paid out along the way are not deducted from this amount.
Typical for money-back plans — confirm the exact terms in the brochure.
Along the way, while the policy is in force
A set share of the sum assured is paid at fixed points during the term. The schedule on this page shows when each instalment falls due.
Typical for money-back plans — confirm the exact terms in the brochure.
If the policy runs to maturity
You receive the balance of the sum assured plus the bonus built up to that date — the part not already paid as instalments.
Typical for money-back 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 money-back plans — confirm the exact terms in the brochure.
Optional riders
दुर्घटना मृत्यु लाभ (ADB)
राइडरका शर्तअनुसार दुर्घटनाबाट मृत्यु भएमा अतिरिक्त लाभ।
घातक रोग लाभ (CI)
कभर गरिएका घातक रोगका लागि राइडरका शर्तअनुसार लाभ।
Accidental Death Benefit (ADB)
Additional accidental death benefit according to rider terms.
Critical Illness Benefit (CI)
Critical illness benefit for covered illnesses according to rider conditions.
Loan & liquidity
- Policy loan
- Available
- Loan facility
- Up to 90% of surrender value
Premium
Quote on request