Guaranteed Income (Parivar Aay Labh) Endowment
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. Guaranteed Income (Parivar Aay Labh) endowment life insurance plan. Fixed-term plan with 12 years premium payment and a one-time lump-sum survival benefit at policy year 12.
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
- Minimum annual premium NPR 25,000
- Sum assured = Annual premium × 12
- One-time survival benefit at year 12 (percentage based on age & premium band)
Features
- Policy term 24 years
- Premium payment term 12 years
- Minimum annual premium NPR 25,000
- Sum assured = Annual premium × 12
- One-time lump-sum survival benefit at policy year 12 if all premiums paid
- Policy loan against the policy after 3 years' premiums paid
- Non-participating (no profit participation/bonuses)
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 (annual_premium × 12) or available paid-up/surrender value as per policy terms
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.
If death is caused by an accident
With the accidental death rider, an additional amount is paid on top of the sum assured. The rider is optional and carries its own premium.
Typical for endowment plans — confirm the exact terms in the brochure.
Optional riders
Accidental Death Benefit (ADB) / Permanent Total Disability (PTD) + Premium Waiver Benefit (PWB)
Optional accidental death or permanent disability benefit with a premium waiver.
Asian Critical Care (CI) Rider
Critical care rider available for serious illnesses.
Loan & liquidity
- Policy loan
- Available
What's not covered
- Death on any flight other than travel on a scheduled route with an air service licensed under prevailing law
- Death while taking part in unlawful activity such as war or rebellion
- Breach of civil or military law
- Suicide within two years of the policy commencement or revival date (whether sane or insane, subject to the policy terms) — only the paid-up value is payable
Questions about this plan
What kind of plan is Guaranteed Income (Parivar Aay Labh) Endowment?
Guaranteed Income (Parivar Aay Labh) Endowment 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 Guaranteed Income (Parivar Aay Labh) Endowment?
The entry age for Guaranteed Income (Parivar Aay Labh) Endowment is 18 – 53 years.
How long does Guaranteed Income (Parivar Aay Labh) Endowment run?
The policy term for Guaranteed Income (Parivar Aay Labh) Endowment is 24 – 24 years.
How much cover can I take on Guaranteed Income (Parivar Aay Labh) Endowment?
The sum assured available on Guaranteed Income (Parivar Aay Labh) Endowment is From Rs 3,00,000.
What bonus rate does Guaranteed Income (Parivar Aay Labh) Endowment earn?
For FY 2081/82, Asian Life Insurance declared Rs 42–75 / 1,000 of sum assured on Guaranteed Income (Parivar Aay Labh) Endowment. Bonus rates are set each year and are not guaranteed.
What is paid if the insured passes away during the term?
Sum Assured (annual_premium × 12) or available paid-up/surrender value as per policy terms
Which riders can be added to Guaranteed Income (Parivar Aay Labh) Endowment?
Guaranteed Income (Parivar Aay Labh) Endowment can be taken with the following optional riders: Accidental death (ADB), PTD / PWB. Each rider carries its own premium.
Premium
Quote on request