Samriddha Jeevan Beema Endowment Plan (Single Premium)

by Prabhu Mahalaxmi Life Insurance

EndowmentParticipating
2.9% market share100.0% claims settled

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 participating traditional endowment life plan from Prabhu Mahalaxmi Insurance offered as a single (one‑time) premium — provides sum assured plus bonuses on maturity and death benefit.

Declared bonus

Rate by policy term

Declared FY 2081/82

Policy termRate / 1,000Prev. year
0-9Rs 33Rs 33
10-14Rs 33Rs 33
15-19Rs 40Rs 40
20-24Rs 51Rs 51
25 and aboveRs 70Rs 70

Recent years

FY 2081/82
Rs 33–70/ 1,000
FY 2080/81
Rs 33–70/ 1,000
FY 2079/80
Rs 33–70/ 1,000
FY 2078/79
Rs 33–70/ 1,000
FY 2077/78
Rs 33–70/ 1,000

Source: Prabhu Mahalaxmi 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

Rs
Rs 1.00 lakhRs 2.00 crore
years

Estimated value at maturity

What's included

Key highlights

  • Single premium plan
  • Participating traditional product
  • Bonus eligible
  • Loan and surrender available

Features

  • Single (one‑time) premium option
  • Death benefit (sum assured)
  • Maturity benefit: sum assured plus bonuses
  • Loan and surrender facilities
  • Participating (bonus‑bearing) traditional plan

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, and the policy ends.

    Typical for endowment plans — confirm the exact terms in the brochure.

  2. 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

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

No optional riders are attached to this plan.

Questions about this plan

What kind of plan is Samriddha Jeevan Beema Endowment Plan (Single Premium)?

Samriddha Jeevan Beema Endowment Plan (Single Premium) from Prabhu Mahalaxmi 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 Samriddha Jeevan Beema Endowment Plan (Single Premium)?

The entry age for Samriddha Jeevan Beema Endowment Plan (Single Premium) is 18 – 65 years.

How long does Samriddha Jeevan Beema Endowment Plan (Single Premium) run?

The policy term for Samriddha Jeevan Beema Endowment Plan (Single Premium) is 5-52 years.

What bonus rate does Samriddha Jeevan Beema Endowment Plan (Single Premium) earn?

For FY 2081/82, Prabhu Mahalaxmi Life Insurance declared Rs 23–73 / 1,000 of sum assured on Samriddha Jeevan Beema Endowment Plan (Single Premium). Bonus rates are set each year and are not guaranteed.

Premium

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