Bhavishya Nidhi (Option2: Diamond Option)
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. Asian Life's Bhavishya Nidhi is an endowment life insurance plan. Minimum sum assured NPR 100,000. Two benefit options (Golden and Diamond) determine death benefit multiples; maturity benefit and company bonus payable as per rules.
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 0-14 | Rs 44 | Rs 44 |
| 15-19 | Rs 44 | Rs 44 |
| 20-24 | Rs 46 | Rs 46 |
| 25 and above | Rs 55 | Rs 55 |
Recent years
- FY 2081/82
- Rs 44–55/ 1,000
- FY 2080/81
- Rs 44–55/ 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
- Min Sum assured NPR 100,000
- Golden & Diamond options
- Optional ADB / PTD / Premium Waiver / Critical Care
Features
- Minimum sum assured NPR 100,000
- Premium payment term 5–30 years
- Two benefit options: Golden and Diamond (different death benefit multiples)
- Option 2 (Diamond Option):
- a) Sum Assured if the insured dies within 3 years from the policy commencement date
- b) 150 (one hundred and fifty) percent of the Sum Assured if the insured dies between 3 years and 5 years from the policy commencement date
- c) 200 (two hundred) percent of the Sum Assured if the insured dies after 5 years from the policy commencement date
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
This plan states: Sum Assured + Bonus as per company rules
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)
Optional accidental death benefit rider
Permanent Total Disability (PTD)
Optional permanent total disability benefit
Premium Waiver Benefit (PWB)
Optional premium waiver rider
Asian Critical Care (Critical Care)
Optional critical care rider
Loan & liquidity
- Partial withdrawal
- No
What's not covered
- Payment limited to the paid-up value where the policy provides only for the paid-up value on death
- Flights other than travel as a ticketed passenger on a scheduled air service
- Taking part in war or war-like operations (whether or not war is declared)
- Breach of civil or military law
- Suicide within two years of the policy commencement or revival date (whether sane or insane) — payout limited
Questions about this plan
What kind of plan is Bhavishya Nidhi (Option2: Diamond Option)?
Bhavishya Nidhi (Option2: Diamond Option) 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 Bhavishya Nidhi (Option2: Diamond Option)?
The entry age for Bhavishya Nidhi (Option2: Diamond Option) is 18 – 65 years.
How long does Bhavishya Nidhi (Option2: Diamond Option) run?
The policy term for Bhavishya Nidhi (Option2: Diamond Option) is 5 – 30 years.
How much cover can I take on Bhavishya Nidhi (Option2: Diamond Option)?
The sum assured available on Bhavishya Nidhi (Option2: Diamond Option) is From Rs 1,00,000.
What bonus rate does Bhavishya Nidhi (Option2: Diamond Option) earn?
For FY 2081/82, Asian Life Insurance declared Rs 42–75 / 1,000 of sum assured on Bhavishya Nidhi (Option2: Diamond Option). Bonus rates are set each year and are not guaranteed.
What is paid when Bhavishya Nidhi (Option2: Diamond Option) matures?
Sum Assured + Bonus as per company rules
Which riders can be added to Bhavishya Nidhi (Option2: Diamond Option)?
Bhavishya Nidhi (Option2: Diamond Option) 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