Citizen Regular Pay 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. An anticipated with-profit endowment (money-back) plan designed to pay periodic portions of the sum assured at specified intervals and provide life risk cover throughout the policy term.
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 10-14 | Rs 44 | Rs 44 |
| 15-19 | Rs 49 | Rs 49 |
| 20-24 | 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 44–55/ 1,000
- FY 2078/79
- Rs 44–55/ 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
- Money-back payouts at 1/3 and 2/3 term
- Policy loan up to 90% of surrender value
- Comprehensive rider options
- Maximum coverage NPR 20,000,000 available
Features
- Policy terms: 12, 15, 18 and 21 years
- Survival benefits: 25% at 1/3 term, 30% at 2/3 term, 45% + reversionary bonus at maturity
- Paid-up value and cash surrender value available
- Policy loan up to 90% of surrender value
- Rebates: Per-thousand Sum assured discount tiers and premium mode discounts availiable
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.
Optional riders
No optional riders are attached to this plan.
Questions about this plan
What kind of plan is Citizen Regular Pay Money Back Insurance Plan?
Citizen Regular Pay 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 Regular Pay Money Back Insurance Plan?
The entry age for Citizen Regular Pay Money Back Insurance Plan is 18 – 55 years.
How long does Citizen Regular Pay Money Back Insurance Plan run?
The policy term for Citizen Regular Pay Money Back Insurance Plan is 12, 15, 18 and 21 Years.
What bonus rate does Citizen Regular Pay Money Back Insurance Plan earn?
For FY 2081/82, Citizen Life Insurance declared Rs 25–80 / 1,000 of sum assured on Citizen Regular Pay Money Back Insurance Plan. Bonus rates are set each year and are not guaranteed.
Premium
Quote on request