Himalayan Endowment Cum Whole Life Assurance 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. This plan is an endowment-cum-whole-life assurance where the sum assured is payable on the death of the insured whenever it occurs. Premiums are payable for a stipulated period while the assured amount is paid to nominees on death.
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 |
|---|---|
| 0-9 | Rs 45 |
| 10-14 | Rs 46 |
| 15-19 | Rs 50 |
| 20-24 | Rs 53 |
| 25 and above | Rs 74 |
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
- Min Sum assured NPR 100,000
- Entry age 18–65 years
- Accidental benefit up to NPR 10,000,000
- Loan available after 3 years' premiums
Features
- Minimum sum assured NPR 100,000
- Policy term (premium paying): min 5 to max 59 years
- Accidental benefits (ADB/PWB/PTD) up to NPR 10,000,000
- Loan facility after 3 years of full premium payment
- Maturity benefit: Sum assured + accrued bonus
- Waiver of premium on total permanent disability and monthly income benefit up to 120 months
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, whenever the claim arises — there is no end date on the cover.
Typical for whole life plans — confirm the exact terms in the brochure.
After the premium-paying term ends
There is no maturity date. Once the premium-paying term ends, no further premiums are due and the cover stays in force for the rest of the insured's life.
Typical for whole life 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 whole life plans — confirm the exact terms in the brochure.
Optional riders
Questions about this plan
What kind of plan is Himalayan Endowment Cum Whole Life Assurance Plan?
Himalayan Endowment Cum Whole Life Assurance Plan from Himalayan Life Insurance is a whole life plan that covers the insured for life rather than a set number of years, and suits people who want to leave money behind for their family.
Who can buy Himalayan Endowment Cum Whole Life Assurance Plan?
The entry age for Himalayan Endowment Cum Whole Life Assurance Plan is 18 – 65 years.
How long does Himalayan Endowment Cum Whole Life Assurance Plan run?
The policy term for Himalayan Endowment Cum Whole Life Assurance Plan is Min 5 years to max 59 years.
What bonus rate does Himalayan Endowment Cum Whole Life Assurance Plan earn?
For FY 2081/82, Himalayan Life Insurance declared Rs 30–86 / 1,000 of sum assured on Himalayan Endowment Cum Whole Life Assurance Plan. Bonus rates are set each year and are not guaranteed.
Which riders can be added to Himalayan Endowment Cum Whole Life Assurance Plan?
Himalayan Endowment Cum Whole Life Assurance Plan can be taken with the following optional riders: Accidental death (ADB), PTD / PWB. Each rider carries its own premium.
Premium
Quote on request