IME Dhanbardhan Money Back Plan - IME Life Insurance Co. Ltd.

IME Dhanbardhan

IME Money Back Plan

IME Dhanbardan Money Back Plan

This plan is ideal for people who desire to have periodic payouts to meet financial needs at different stages of life. Under this plan, a certain percentage of the sum assured is returned to the insured periodically every 5 years while maintaining the risk coverage of the full sum assured. It helps to manage cash flow needs.

Key Features

Minimum Face Amount/Basic Sum Assured: NPR.50,000/-
Maximum Face Amount/Basic Sum Assured: No Limit (Subject to Underwriting)
Minimum Entry Age: 18 Year
Maximum Entry Age: 55, 50, 45 Years (For Policy Term of 15, 20, 25 Years Respectively)
Minimum Policy Term: 15, 20, 25 Years
Maximum Policy Term: 15, 20, 25 Years
Maximum Maturity Age: 70 Years
Premium Pay Mode: Yearly/ Half-Yearly/Quarterly

Benefits

Sum Assured will be returned to Policy holder in following intervals:

Premium Paying Term	Benefit as a percentage of Sum Assured on Survival to (Years from Doc)
Premium Paying Term	5	10	15	20	25
15 Years	30% SA	20% SA	50% SA + Vested Bonus	–	–
20 Years	20% SA	20% SA	20% SA	40% SA + Vested Bonus	–
25 Years	–	20% SA	20% SA	20% SA	40% SA + Vested Bonus

Additional Rider Benefits (Optional Riders)

Accidental Death Benefit: For additional premium, on the event of death of the life assured during the rider policy term due to accident before age 70 years, an additional sum equal to the Rider Sum Assured of this rider will be paid.
Income Benefit (IB): In the event of permanent total disability of life assured due to any cause (sickness or accident) during policy term, a regular Monthly Income Benefit of 1.0% or 1.5% or 2.0% or 3.0% of Rider Sum Assured (as mentioned in policy schedule of policy taken), OR, Quarterly Income Benefit (QIB) 3.0% or 4.5% or 6.0% or 9.0% of Rider Sum Assured (as mentioned in policy schedule of policy taken) will be paid on every monthly/quarterly date of anniversary of the rider from the date of disability of the life assured up to the end of the rider term (policy maturity).
Lump-Sum Benefit: In the event of permanent total disability of life assured due to any cause (sickness or accident) during policy term, a lump-sum amount equal to Rider Sum Assured will be payable.
Premium Waiver Benefit (PWB): On the event of permanent total disability of the life assured due to any cause (accident or sickness) during the policy term to which the rider is attached, all future premiums payable under the base policy equal to Sum Assured of this rider shall be waived.
Funeral Expenses: On the event of death of life assured during the policy term to which the rider is attached, lump sum amount equal to 25% of Sum assured or 200,000 whichever is less will be paid immediately.
Critical Illness Rider (CI): Upon, life assured, being diagnosed with onset of any of the listed 21 Critical Illness during the term of policy, a lump sum amount equivalent to the Sum Assured of the rider will be paid. Sum Assured of CI rider is maximum Rs. 5,000,000/- or Basic SA or as determined by Underwriting Guidelines.

*Terms and conditions apply.

The benefits and coverage provided under this plan are determined by the terms and conditions outlined in the policy and rider documents. In the event of any dispute arising under this policy, resolution will be in accordance with the provisions of the Insurance Act of 2079.

First Policy Issue Date: 2017-11-05