Barshik Bhuktani Jeevan Beema (Money Back)
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. Annual payment money-back life insurance with entry age 18–60 years, policy term 10–20 years and minimum sum assured NPR 250,000. Pays 5% of sum assured on each policy anniversary; on maturity balance sum assured plus accrued bonuses are payable. On death during policy term, sum assured plus accrued bonuses are payable.
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 0-14 | Rs 38 | Rs 38 |
| 15-19 | Rs 42 | Rs 42 |
| 20-24 | Rs 44 | Rs 44 |
| 25 and above | Rs 56 | Rs 56 |
Recent years
- FY 2081/82
- Rs 38–56/ 1,000
- FY 2080/81
- Rs 38–56/ 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
- 5% annual payout
- Minimum Sum assured NPR 250,000
- Entry age 18–60
Features
- Minimum sum assured NPR 250,000
- Annual payout: 5% of sum assured on each anniversary
- Maturity: balance sum assured + accrued bonuses
- Death benefit: sum assured + accrued bonuses
- Bonuses: Simple Reversionary and Terminal (Terminal bonus after inforce ≥10 years)
- Policy loans not available
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 + Accrued Bonus
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: Balance Sum Assured + Accrued Bonuses
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 money-back plans — confirm the exact terms in the brochure.
Optional riders
Accidental Death Benefit (ADB)
Additional death benefit paid if death is caused by an accident.
ADB + PTD + Premium Waiver Benefit (PWB)
Covers accidental death, permanent disability and waives remaining premiums.
Critical Illness (CI)
Lump-sum benefit on diagnosis of a specified critical illness.
Loan & liquidity
- Policy loan
- Not available
- Partial withdrawal
- No
What's not covered
- Death while flying other than on regular scheduled commercial flights
- Death due to war or engagement in warlike activities
- Death while committing a criminal act
- Suicide within two years from policy commencement or revival (only surrender value if any will be paid)
Questions about this plan
What kind of plan is Barshik Bhuktani Jeevan Beema (Money Back)?
Barshik Bhuktani Jeevan Beema (Money Back) 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 Barshik Bhuktani Jeevan Beema (Money Back)?
The entry age for Barshik Bhuktani Jeevan Beema (Money Back) is 18 – 60 years.
How long does Barshik Bhuktani Jeevan Beema (Money Back) run?
The policy term for Barshik Bhuktani Jeevan Beema (Money Back) is 10 – 20 years.
How much cover can I take on Barshik Bhuktani Jeevan Beema (Money Back)?
The sum assured available on Barshik Bhuktani Jeevan Beema (Money Back) is From Rs 2,50,000.
What bonus rate does Barshik Bhuktani Jeevan Beema (Money Back) earn?
For FY 2081/82, Asian Life Insurance declared Rs 42–75 / 1,000 of sum assured on Barshik Bhuktani Jeevan Beema (Money Back). Bonus rates are set each year and are not guaranteed.
What is paid if the insured passes away during the term?
Sum Assured + Accrued Bonus
What is paid when Barshik Bhuktani Jeevan Beema (Money Back) matures?
Balance Sum Assured + Accrued Bonuses
Which riders can be added to Barshik Bhuktani Jeevan Beema (Money Back)?
Barshik Bhuktani Jeevan Beema (Money Back) 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