Jeevan Amrit (Endowment Cum Whole Life) Plan

by National Life Insurance Company Limited

Whole lifeParticipatingRecommended
12.5% market share100.0% claims settledEst. 1988

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 participating life insurance plan combining endowment and whole-life benefits. Provides death benefit and maturity benefit and may participate in declared bonuses.

Declared bonus

Rate by policy term

Declared FY 2081/82

Policy termRate / 1,000Prev. year
5-14Rs 60
15-20Rs 60Rs 64
21-25Rs 60Rs 70

Recent years

FY 2081/82
Rs 60/ 1,000
FY 2080/81
Rs 64–85/ 1,000
FY 2079/80
Rs 64–85/ 1,000
FY 2078/79
Rs 64–85/ 1,000
FY 2077/78
Rs 64–85/ 1,000

Bonus rates are declared annually and are not guaranteed. Past rates do not guarantee future rates.

Maturity estimator

Rs
Rs 1.00 lakhRs 2.00 crore
years

Estimated value at maturity

What's included

Key highlights

  • Endowment + whole-life combined
  • Participating/bonus-bearing plan
  • Long-term protection plus savings

Features

  • Combined endowment and whole-life benefits
  • Death benefit and maturity benefit
  • Participating in declared bonuses (participating/profit plan)
  • Multiple premium payment modes (yearly/half-yearly/quarterly/monthly)

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.

  1. 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.

  2. 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.

Optional riders

Accidental death (ADB)PTD / PWBCritical illness (CI)

No optional riders are attached to this plan.

Questions about this plan

What kind of plan is Jeevan Amrit (Endowment Cum Whole Life) Plan?

Jeevan Amrit (Endowment Cum Whole Life) Plan from National Life Insurance Company Limited 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 Jeevan Amrit (Endowment Cum Whole Life) Plan?

The entry age for Jeevan Amrit (Endowment Cum Whole Life) Plan is 16 – 65 years.

How long does Jeevan Amrit (Endowment Cum Whole Life) Plan run?

The policy term for Jeevan Amrit (Endowment Cum Whole Life) Plan is 5-25 Years.

What bonus rate does Jeevan Amrit (Endowment Cum Whole Life) Plan earn?

For FY 2081/82, National Life Insurance Company Limited declared Rs 60–60 / 1,000 of sum assured on Jeevan Amrit (Endowment Cum Whole Life) Plan. Bonus rates are set each year and are not guaranteed.

Premium

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