20-Year Agrim bhuktani( Money-Back Plan)
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. You also receive part of the cover amount at set points during the term, not only at the end. A 20-year participating money-back life insurance plan providing periodic survival benefits, surrender value and loan facility.
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 10 | Rs 50 | Rs 50 |
| 12 | Rs 50 | Rs 50 |
| 15 | Rs 60 | Rs 60 |
| 18 | Rs 65 | Rs 65 |
| 20 | Rs 70 | Rs 70 |
| 25 | Rs 70 | Rs 70 |
Recent years
- FY 2081/82
- Rs 50–70/ 1,000
- FY 2080/81
- Rs 50–70/ 1,000
- FY 2079/80
- Rs 50–70/ 1,000
Source: Asian Life Insurance declaration for FY 2081/82
Bonus rates are declared annually and are not guaranteed. Past rates do not guarantee future rates.
Maturity estimator
Estimated value at maturity
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What's included
Key highlights
- Participating money-back plan
- Survival payouts at 10/15/20 years
- Surrender and loan facility
- Payment discounts
Features
- Participating/profit-sharing plan
- Minimum sum assured: NPR 50,000
- Surrender value and loan facility available
- Payment discounts: annual 2%, semi-annual 1%
- Survival benefits: 10yr, 15yr, maturity (20yr)
- On death, sum assured + bonus paid in lump sum (paid-back amounts not deducted)
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: Sum Assured + Bonus (lump sum)
Along the way, while the policy is in force
A set share of the sum assured is paid at fixed points during the term. The schedule on this page shows when each instalment falls due.
Typical for money-back plans — confirm the exact terms in the brochure.
If the policy runs to maturity
This plan states: Money-back payouts: 10th year 20% of SA, 15th year 30% of SA, Maturity (20th year) 50% of SA + regular bonus
If death is caused by an accident
This plan states: Available as rider
Optional riders
Accidental Death Benefit (ADB)
Additional death benefit paid if death is caused by an accident.
Critical Illness (CI)
Lump-sum benefit on diagnosis of a specified critical illness.
PTD + Premium Waiver Benefit (PWB)
Permanent total disability benefit with premium waiver.
Loan & liquidity
- Policy loan
- Available
- Partial withdrawal
- No
Questions about this plan
What kind of plan is 20-Year Agrim bhuktani( Money-Back Plan)?
20-Year Agrim bhuktani( Money-Back Plan) from Asian Life Insurance is a money-back plan that releases part of the sum assured at set points during the term instead of only at the end.
Who can buy 20-Year Agrim bhuktani( Money-Back Plan)?
The entry age for 20-Year Agrim bhuktani( Money-Back Plan) is 18 – 45 years.
How long does 20-Year Agrim bhuktani( Money-Back Plan) run?
The policy term for 20-Year Agrim bhuktani( Money-Back Plan) is 20 – 20 years.
How much cover can I take on 20-Year Agrim bhuktani( Money-Back Plan)?
The sum assured available on 20-Year Agrim bhuktani( Money-Back Plan) is From Rs 50,000.
What bonus rate does 20-Year Agrim bhuktani( Money-Back Plan) earn?
For FY 2081/82, Asian Life Insurance declared Rs 42–75 / 1,000 of sum assured on 20-Year Agrim bhuktani( Money-Back Plan). Bonus rates are set each year and are not guaranteed.
What is paid if the insured passes away during the term?
Sum Assured + Bonus (lump sum)
What is paid when 20-Year Agrim bhuktani( Money-Back Plan) matures?
Money-back payouts: 10th year 20% of SA, 15th year 30% of SA, Maturity (20th year) 50% of SA + regular bonus
Which riders can be added to 20-Year Agrim bhuktani( Money-Back Plan)?
20-Year Agrim bhuktani( Money-Back Plan) can be taken with the following optional riders: Accidental death (ADB), PTD / PWB, Critical illness (CI). Each rider carries its own premium.
Premium
Quote on request