Endowment Life Assurance
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 insurance plan from Rastriya Jeewan Beema combining life cover with savings/maturity benefits. Participating bonuses may be declared.
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 60 | Rs 60 |
| 10-14 | Rs 60 | Rs 60 |
| 15-19 | Rs 60 | Rs 60 |
| 20-24 | Rs 60 | Rs 60 |
| 25-29 | Rs 60 | Rs 60 |
| 30+ | Rs 60 | Rs 60 |
Recent years
- FY 2081/82
- Rs 60/ 1,000
- FY 2080/81
- Rs 60/ 1,000
- FY 2079/80
- Rs 65/ 1,000
- FY 2078/79
- Rs 65/ 1,000
- FY 2077/78
- Rs 65/ 1,000
Source: राष्ट्रिय जीवन बीमा कम्पनी 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 एन्डोन्मेन्ट योजना
- जीवन सुरक्षा + बचत
- बोनस सहभागिता सम्भावित
- समर्पण मूल्यको ९०% ऋण सुविधा
Features
- जीवन बीमा सुरक्षा र परिपक्वता (म्याच्युरिटी) लाभ
- परम्परागत प्रतिभागी (participating) योजना — बोनस घोषणा हुनसक्छ
- बीमा अवधिको अन्त्यमा ब्यवस्थित परिपक्वता रकम
- राइडर थप्ने सुविधा
Terms and conditions
- 1) Loan facility up to 90% of the surrender value is available after paying premiums for three years, as long as the policy is active. The loan interest rate will be as per company practice.
- 2)Upon maturity, the insured receives the sum vested bonus as a lump sum.
- 3)If the insured dies while the policy is active, the nominee/legal heir receives the sum assured and accrued bonus as a lump sum.
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
This plan states: Sum Assured + accrued bonus (if any)
If the policy runs to maturity
This plan states: Sum Assured + accrued bonus
If death is caused by an accident
This plan states: Optional rider - sum assured as per rider terms
Optional riders
दुर्घटना मृत्यु लाभ (ADB)
Further accidental death benefit can be obtained by paying an additional premium of Rs. 1 per thousand.
Accidental Death Benefit (ADB)
Additional accidental death benefit can be obtained by paying an additional premium of Re. 1 per thousand.
Loan & liquidity
- Policy loan
- Available
- Surrender allowed
- After 3 years
- Loan facility
- Up to 90% of surrender value
What's not covered
- Suicide within the initial contestability period
- War and related perils
- Pre-existing conditions during waiting period
- Illegal acts and self-inflicted injuries
Premium
Quote on request