Limited Endowment Policy
by सानिमा रिलायन्स 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 limited premium-paying endowment life plan with flexible premium payment terms and option to increase risk coverage every 5 years. Death benefit pays Sum Assured plus declared & vested bonuses; maturity pays Basic Sum Assured plus bonuses.
परिपक्वता अनुमान
अनुमानित परिपक्वता रकम
—
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 10-14 | Rs 40 | Rs 40 |
| 15-19 | Rs 42 | Rs 42 |
| 20-24 | Rs 52 | Rs 52 |
| 25+ | Rs 65 | Rs 65 |
Recent years
- FY 2081/82
- Rs 40–65/ 1,000
- FY 2080/81
- Rs 40–65/ 1,000
- FY 2079/80
- Rs 40–65/ 1,000
- FY 2078/79
- Rs 35–70/ 1,000
- FY 2077/78
- Rs 35–70/ 1,000
Source: सानिमा रिलायन्स 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
- न्यूनतम बीमासर रु.50,000
- पोलिसी अवधि: 10–25 वर्ष
- वैकल्पिक राइडरहरू उपलब्ध
- कम्पनी नियम अनुसार पोलिसी ऋण / समर्पण मूल्य / चुक्ता मूल्य
Features
- लचिलो प्रिमियम भुक्तानी अवधि
- प्रति ५ वर्षमा जोखिम वृद्धि
- मृत्यु लाभ: वर्ष अनुसार 100%–225% सम्म
- जीवित लाभ: बेसिक बीमाङ्क + घोषणा गरिएको बोनस
- वैकल्पिक राइडरहरू
Terms and conditions
- Death Benefit: On death of the life assured during term of the policy, Sum Assured plus Bonus Declared and Vested. The sum assure on death is defined as follow:
- 100% of Basic Sum Assured during 1 to 5 years of the policy term
- 125% of Basic Sum Assured during 6 to 10 years of the policy term
- 150% of Basic Sum Assured during 11 to 15 years of the policy term
- 200% of Basic Sum Assured during 16 to 20 years of the policy term
- 225% of Basic Sum Assured during 21 to 25 years of the policy term
- Survival Benefit: On survival to end of Term: Basic Sum Assured plus Bonus Declared and Vested.
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: 100% of Basic SA during policy years 1-5; 125% during years 6-10; 150% during years 11-15; 200% during years 16-20; 225% during years 21-25, plus declared & vested bonus
If the policy runs to maturity
This plan states: Basic Sum Assured + declared & vested bonuses
If death is caused by an accident
This plan states: Additional amount equal to Sum Assured or NPR 10,000,000 whichever is lower
Optional riders
दुर्घटना मृत्यु लाभ (ADB)
बीमाङ्क रकम वा रु. १,००,००,००० मध्ये जुन कम हुन्छ त्यति थप दुर्घटना मृत्यु लाभ।
स्थायी पूर्ण अशक्तता लाभ (PTD)
बीमाङ्क रकम वा रु. १,००,००,००० मध्ये जुन कम हुन्छ, १२० मासिक किस्तामा भुक्तानी।
बीमाशुल्क छुट सुविधा (PWB)
दुर्घटनाका कारण PTD भएपछि भविष्यका सबै बीमाशुल्क छुट हुन्छन्।
घातक रोग लाभ (CI)
तोकेको घातक रोग लागेमा बीमाङ्क रकम वा रु. ५०,००,००० मध्ये जुन कम हुन्छ त्यति थप रकम।
Accidental Death Benefit (ADB)
Additional amount equal to sum assured or NPR 10,000,000, whichever is lower.
Permanent Total Disability Benefit (PTD)
Sum assured or NPR 10,000,000, whichever is lower, payable in 120 monthly installments.
Premium Waiver Benefit (PWB)
All future premiums after PTD due to accident are waived.
Critical Illness Benefit (CI)
On onset of a covered critical illness, additional amount equal to sum assured or NPR 5,000,000, whichever is lower.
Loan & liquidity
- Policy loan
- Available
- Surrender allowed
- After 3 years
What's not covered
- Suicide (within policy specified waiting period)
- War, invasion, hostilities, civil commotion, nuclear risks
- Pre-existing conditions not disclosed/subject to waiting period
Premium
Quote on request