IME Endowment cum Whole Life Plan (IME Aajeevan Sawadhik Beema Yojana)

IME Aajeevan Sawadhik Beema Yojana

आई.एम.ई. आजीवन (सावधिक) जीवन बीमालेख

IME Endowment Cum Whole Life Plan (IME Aajeevan Sawadhik Beema Yojana)

IME Endowment cum Whole life plan is unique combination of whole life and endowment assurance plan. This plan guarantees lifetime protection and caters as an estate planning vehicle. Even after the premium paying term, the coverage will continue until the insured attain an age of 100 years. It is an ideal way of creating an asset while also protecting your family against financial loss in case of any eventuality.

Key Features

Minimum Sum Assured: NPR.1,00,000/-
Maximum Sum Assured: No Limit (As per Underwriting)
Minimum Entry Age: 18 Year
Maximum Entry Age: 65 Years
Minimum Policy Term: 5 Years
Maximum Policy Term: 52 Years
Maximum Age: 70 Years
Premium Pay Mode: Yearly/ Half-Yearly/ Quarterly

Benefits

On Death of Policyholder during the policy term, Full Sum Assured Plus Vested Bonus, if any, will be paid to nominee/beneficiary.
On Survival till Maturity, Full Sum Assured Plus Vested Bonus, if any, will be paid to Policy holder.
On Death of Policyholder post Maturity, Full Sum Assured will be paid to nominee/beneficiary.
On Survival to 100 years, Full Sum Assured will be paid to nominee/beneficiary.
Loan Facility: After the policy acquires Surrender Value.
Tax Benefits.

Additional Rider Benefits (Optional Riders)

Accidental Death Benefit (ADB)
Premium Waiver Benefit (PWB)
Income Benefit (IB)
Lump-Sum Amount Benefit (LSB)
Funeral Expenses (FE)
Critical Illness (CI)

*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: 2017-10-17