Himalayan Anmol Ratna Bal (Sawadhik) Jeevan Beema
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. If you are ever unable to keep paying, the plan carries on by itself and your child still receives the full amount when the term ends. Child endowment (sawadhik) life insurance plan — pays sum assured plus vested bonuses on maturity; provides death benefits for insured child and proposer, premium waiver and other facilities.
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 |
|---|---|
| 10-14 | Rs 45 |
| 15-19 | Rs 46 |
| 20-24 | Rs 48 |
| 25 and above | Rs 50 |
Source: Himalayan 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
- Child-focused endowment plan
- Premium waiver on proposer’s death
- Minimum sum assured NPR 50,000
Features
- Sum assured from NPR 50,000 to NPR 5,000,000
- Risk commencement after 2 years or after child completes age 6 (whichever later)
- Premium Waiver Benefit on proposer’s death
- Clear death benefit provisions for child and proposer
- Surrender value, paid-up value and loan facility 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
The nominee receives the sum assured plus the bonus built up to that date, and the policy ends. Most child plans are written on the parent's life, so see the next case for how the child is protected.
Typical for child plans — confirm the exact terms in the brochure.
If the parent or guardian passes away
Future premiums are waived and the policy continues on its own. The child still receives the full maturity amount at the set age. Many child plans also pay the child a regular income until then — the brochure states the rate.
Typical for child plans — confirm the exact terms in the brochure.
If the policy runs to maturity
The child receives the sum assured plus the bonus built up to that date, timed to the age set when the policy was taken out.
Typical for child plans — confirm the exact terms in the brochure.
Optional riders
Questions about this plan
What kind of plan is Himalayan Anmol Ratna Bal (Sawadhik) Jeevan Beema?
Himalayan Anmol Ratna Bal (Sawadhik) Jeevan Beema from Himalayan Life Insurance is a child plan that is taken out by a parent or guardian to fund a child's education and future.
Who can buy Himalayan Anmol Ratna Bal (Sawadhik) Jeevan Beema?
The entry age for Himalayan Anmol Ratna Bal (Sawadhik) Jeevan Beema is 18 – 55 years.
How long does Himalayan Anmol Ratna Bal (Sawadhik) Jeevan Beema run?
The policy term for Himalayan Anmol Ratna Bal (Sawadhik) Jeevan Beema is Minimum 10 years, Maximum 27 years.
What bonus rate does Himalayan Anmol Ratna Bal (Sawadhik) Jeevan Beema earn?
For FY 2081/82, Himalayan Life Insurance declared Rs 30–86 / 1,000 of sum assured on Himalayan Anmol Ratna Bal (Sawadhik) Jeevan Beema. Bonus rates are set each year and are not guaranteed.
Which riders can be added to Himalayan Anmol Ratna Bal (Sawadhik) Jeevan Beema?
Himalayan Anmol Ratna Bal (Sawadhik) Jeevan Beema can be taken with the following optional riders: PTD / PWB. Each rider carries its own premium.
Premium
Quote on request