Jeevan Mangal Endowment Life Insurance 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. An endowment (regular premium) life insurance plan that provides life cover during the policy term and a maturity benefit with declared bonuses (participating plan).
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 0-14 | Rs 45 | Rs 45 |
| 15-19 | Rs 48 | Rs 48 |
| 20-24 | Rs 55 | Rs 55 |
| 25 and above | Rs 62 | Rs 62 |
Recent years
- FY 2081/82
- Rs 45–62/ 1,000
- FY 2080/81
- Rs 45–62/ 1,000
- FY 2079/80
- Rs 45–65/ 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
- Maturity benefit with bonuses
- Regular premium payment
- Loan and surrender facility
Features
- Life cover during policy term
- Maturity benefit with declared bonuses
- Loan and surrender facilities
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
The nominee receives the sum assured plus the bonus built up to that date, and the policy ends.
Typical for endowment plans — confirm the exact terms in the brochure.
If the policy runs to maturity
You receive the sum assured plus the bonus built up to that date as a lump sum on the maturity date.
Typical for endowment plans — confirm the exact terms in the brochure.
Optional riders
No optional riders are attached to this plan.
Questions about this plan
What kind of plan is Jeevan Mangal Endowment Life Insurance Plan?
Jeevan Mangal Endowment Life Insurance Plan from Asian Life Insurance is an endowment plan that pairs savings with life cover for a single adult, and suits people who want a guaranteed amount on a fixed future date.
Who can buy Jeevan Mangal Endowment Life Insurance Plan?
The entry age for Jeevan Mangal Endowment Life Insurance Plan is 18 – 60 years.
How long does Jeevan Mangal Endowment Life Insurance Plan run?
The policy term for Jeevan Mangal Endowment Life Insurance Plan is 5–15 years.
What bonus rate does Jeevan Mangal Endowment Life Insurance Plan earn?
For FY 2081/82, Asian Life Insurance declared Rs 42–75 / 1,000 of sum assured on Jeevan Mangal Endowment Life Insurance Plan. Bonus rates are set each year and are not guaranteed.
Premium
Quote on request