HimalayanLife Single And Limited Payment
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 life insurance plan allowing single lump-sum or limited premium payments. On maturity the sum assured plus vested bonus is paid; death benefits pay sum assured plus vested bonus subject to policy in force.
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 |
|---|---|
| 0-9 | Rs 32 |
| 10-14 | Rs 35 |
| 15-19 | Rs 42 |
| 20-14 | Rs 45 |
| 25 and above | Rs 63 |
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
- Single or limited premium payment
- Maturity: sum assured + vested bonus
- Multiple raiders available
Features
- Option to pay premium as single lump-sum or limited term (5/10/15/20 years)
- Maturity benefit: full sum assured plus vested bonus
- Death benefit: basic sum assured plus vested bonus (if policy in force)
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.
Typical for endowment plans — confirm the exact terms in the brochure.
If the policy runs to maturity
You receive the sum assured plus the bonus built up to that date as a lump sum on the maturity date.
Typical for endowment 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 HimalayanLife Single And Limited Payment?
HimalayanLife Single And Limited Payment from Himalayan Life Insurance is an endowment plan that pairs savings with life cover for a single adult, and suits people who want a guaranteed amount on a fixed future date.
Who can buy HimalayanLife Single And Limited Payment?
The entry age for HimalayanLife Single And Limited Payment is 18 – 65 years.
How long does HimalayanLife Single And Limited Payment run?
The policy term for HimalayanLife Single And Limited Payment is Min 5 years - Max 30 years.
What bonus rate does HimalayanLife Single And Limited Payment earn?
For FY 2081/82, Himalayan Life Insurance declared Rs 30–86 / 1,000 of sum assured on HimalayanLife Single And Limited Payment. Bonus rates are set each year and are not guaranteed.
Premium
Quote on request