Himalayan Money Back 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. You also receive part of the cover amount at set points during the term, not only at the end. This whole-life plan provides life coverage for the lifetime of the life assured. It pays periodic money-back benefits during the premium paying term, pays vested bonus at maturity, and the nominee receives the sum assured on death. Additional features include accidental death benefit, PTD/PWB benefits, among other facilities.
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 |
|---|---|
| 10-14 | Rs 30 |
| 15-19 | Rs 32 |
| 20-24 | Rs 34 |
| 25 and above | Rs 41 |
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 50,000
- Terms: 10 / 15 / 20 / 25 years
- Accidental death benefit up to NPR 10,000,000
- Loan facility (after 3 years)
Features
- Whole-life coverage
- Periodic money-back payments during term
- Vested bonus at maturity
- Accidental Death Benefit (ADB) up to NPR 10,000,000
- PTD/PWB: premium waiver and Monthly Income Benefit up to 120 months
- Loan facility after 3 years of full premium payment
- Surrender and paid-up values available
- Term options: 10, 15, 20, 25 years
- Minimum Sum Assured: NPR 50,000
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.
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 money-back plans — confirm the exact terms in the brochure.
Optional riders
Questions about this plan
What kind of plan is Himalayan Money Back Cum Whole Life Plan?
Himalayan Money Back Cum Whole Life Plan from Himalayan 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 Himalayan Money Back Cum Whole Life Plan?
The entry age for Himalayan Money Back Cum Whole Life Plan is 18 – 60 years.
How long does Himalayan Money Back Cum Whole Life Plan run?
The policy term for Himalayan Money Back Cum Whole Life Plan is 10, 15, 20, 25 years.
What bonus rate does Himalayan Money Back Cum Whole Life Plan earn?
For FY 2081/82, Himalayan Life Insurance declared Rs 30–86 / 1,000 of sum assured on Himalayan Money Back Cum Whole Life Plan. Bonus rates are set each year and are not guaranteed.
Which riders can be added to Himalayan Money Back Cum Whole Life Plan?
Himalayan Money Back 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