Limited Payment Endowment (Nawa Dhana Laxmi Jeevan Beema)

A limited premium payment endowment plan with a money-back feature. Policy terms are 10, 15 or 20 years while premiums can be paid as single (within 1 year), or over 3, 7, 12 or 16 years. The plan provides periodic survival benefits and an enhanced sum assured at maturity plus accrued bonuses.

Entry age

18 – 60 years

Policy term

10, 15 or 20 years

Premium modes

Yearly, Half-yearly, Quarterly, Monthly, Single

Death benefit

Sum Assured + Accrued Bonus

Maturity benefit

Enhanced Sum Assured (10% for 10yr, 15% for 15yr, 20% for 20yr) + Accrued 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.

• Sun Medicare

  Emergency medical rider providing fixed payouts for hospitalization

• ADB

  Accidental Death Benefit

• Funeral Expenses

  Lump sum benefit to cover funeral costs

Partial withdrawal

No