Citizen Annual Money Back 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. You also receive part of the cover amount at set points during the term, not only at the end. A participating (with‑profits) money‑back life insurance plan designed for people needing periodic cash flow (businesses, loan repayments). Provides annual survival benefits, vested reversionary bonuses, full sum assured on death and maturity benefits subject to survival benefit adjustments.
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 0-9 | Rs 25 | Rs 25 |
| 10-14 | Rs 27 | Rs 27 |
| 15-19 | Rs 27 | Rs 27 |
| 20-24 | Rs 28 | Rs 28 |
Recent years
- FY 2081/82
- Rs 25–28/ 1,000
- FY 2080/81
- Rs 25–28/ 1,000
- FY 2079/80
- Rs 25–28/ 1,000
- FY 2078/79
- Rs 25–28/ 1,000
Source: Citizen 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 survival benefit
- Participating plan with reversionary bonuses
- Flexible premium modes (Yearly/Half‑yearly/Quarterly/Single)
Features
- Participating (with‑profits) money‑back plan
- Entry age 18–65 years; max maturity age 70 years
- Policy term 5–20 years
- Annual survival benefit of 5% of Sum Assured
- At maturity survival installments paid/adjusted are deducted; remaining sum with vested bonus is paid
- On death full Sum Assured + vested bonus paid to nominee (survival installments not deducted)
- Premium modes: Yearly, Half‑yearly, Quarterly, Single premium option
- Riders available: ADB, PTD, PWB, MIB, FE, Citizen Critical Care
- Paid‑up value, cash surrender value and policy loan as admissible
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. Instalments already paid out along the way are not deducted from this amount.
Typical for money-back plans — confirm the exact terms in the brochure.
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
You receive the balance of the sum assured plus the bonus built up to that date — the part not already paid as instalments.
Typical for money-back 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 money-back plans — confirm the exact terms in the brochure.
Optional riders
Questions about this plan
What kind of plan is Citizen Annual Money Back Insurance Plan?
Citizen Annual Money Back Insurance Plan from Citizen 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 Citizen Annual Money Back Insurance Plan?
The entry age for Citizen Annual Money Back Insurance Plan is 18 – 65 years.
How long does Citizen Annual Money Back Insurance Plan run?
The policy term for Citizen Annual Money Back Insurance Plan is 5 to 20 years.
What bonus rate does Citizen Annual Money Back Insurance Plan earn?
For FY 2081/82, Citizen Life Insurance declared Rs 25–80 / 1,000 of sum assured on Citizen Annual Money Back Insurance Plan. Bonus rates are set each year and are not guaranteed.
Which riders can be added to Citizen Annual Money Back Insurance Plan?
Citizen Annual Money Back Insurance Plan can be taken with the following optional riders: Accidental death (ADB), PTD / PWB. Each rider carries its own premium.
Premium
Quote on request