Annual Money Back Policy

This is a participating (profit) anticipated endowment plan. Under this plan a fixed 5% of Sum Assured is paid to the policyholder every year starting from the second year until maturity. Death benefit includes Sum Assured plus declared and vested bonus; maturity includes remaining percentage of Sum Assured plus extra benefit as per term along with declared and vested bonus.

Entry age

18 – 55 years

Policy term

15 – 20 years

Sum assured

From Rs 1,00,000

Premium modes

Yearly, Half-yearly, Quarterly

Death benefit

Sum Assured + Declared and Vested Bonus

Maturity benefit

Remaining percentage of Sum Assured + Extra maturity benefit as per term + Declared and Vested Bonus

Declared range for the fiscal year shown — the exact rate depends on the plan and term. Rates are revised annually and are not guaranteed for future years.

• Accidental Death Benefit (ADB)

  Additional amount equal to Sum Assured or NPR 10,000,000 whichever is lower.

• Permanent Total Disability (PTD)

  Sum Assured or NPR 10,000,000 (whichever is lower) payable in 120 monthly installments (or lump sum if remaining term <120 months).

• Premium Waiver Benefit (PWB)

  Waiver of future premiums in case of PTD due to accident.

• Critical Illness (CI)

  On diagnosis of covered critical illness, additional amount equal to Sum Assured or NPR 5,000,000 (whichever is lower).

Paid-up value

Yes

Partial withdrawal

No

• Suicide clause (as per policy conditions)
• War and nuclear perils
• Undisclosed pre-existing conditions / waiting period terms