Himalayan Limited Payment (Endowment Cum Whole Life) 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. A traditional endowment (combination of term insurance and savings). The sum assured is paid on survival to a specified term or on death if earlier. Loan facility available after 3 full years of premiums. Maturity: Sum Assured + accrued bonus.
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 |
|---|---|
| 0-9 | Rs 50 |
| 10-14 | Rs 50 |
| 15-19 | Rs 50 |
| 20-24 | Rs 50 |
| 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
- Minimum SA NPR 50,000
- Accidental benefits up to NPR 10,000,000
- Policy loan after 3 years of full premiums
- Term 5–59 years, entry age 18–65
Features
- Combination of term insurance and savings (endowment)
- Minimum sum assured NPR 50,000; higher based on income
- Accidental benefits (ADB/PWB/PTD) up to NPR 10,000,000
- Loan facility after 3 full years' premiums
- Surrender and paid-up values as per policy
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 Limited Payment (Endowment Cum Whole Life) Plan?
Himalayan Limited Payment (Endowment Cum Whole Life) 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 Limited Payment (Endowment Cum Whole Life) Plan?
The entry age for Himalayan Limited Payment (Endowment Cum Whole Life) Plan is 18 – 65 years.
How long does Himalayan Limited Payment (Endowment Cum Whole Life) Plan run?
The policy term for Himalayan Limited Payment (Endowment Cum Whole Life) Plan is Min 5 years to Max 59 years.
What bonus rate does Himalayan Limited Payment (Endowment Cum Whole Life) Plan earn?
For FY 2081/82, Himalayan Life Insurance declared Rs 30–86 / 1,000 of sum assured on Himalayan Limited Payment (Endowment Cum Whole Life) Plan. Bonus rates are set each year and are not guaranteed.
Which riders can be added to Himalayan Limited Payment (Endowment Cum Whole Life) Plan?
Himalayan Limited Payment (Endowment Cum Whole Life) Plan can be taken with the following optional riders: Accidental death (ADB), PTD / PWB. Each rider carries its own premium.
Premium
Quote on request