Super Surakshit Beema
by Prabhu Mahalaxmi Life Insurance
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. Prabhu Mahalaxmi Insurance Limited's life insurance plan (Super Surakshit Beema) Endowment Assurance Plan combines both the risk coverage and saving element at reasonable premium. Upon payment of premiums during the policy term, a lump sum amount of sum assured and vested bonus is paid on maturity or death of the insured.
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 5-14 | Rs 45 | — |
| 15-24 | Rs 46 | — |
| 24 and above | Rs 52 | — |
Recent years
- FY 2081/82
- Rs 45–52/ 1,000
- FY 2080/81
- Rs 33–70/ 1,000
- FY 2079/80
- Rs 45–52/ 1,000
- FY 2078/79
- Rs 45–52/ 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
Estimated value at maturity
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What's included
Key highlights
- Protection-focused life cover
- Entry age- 18-65
- Loan- Upto 90% of surrender value
Features
- Death benefit (term life protection)
- Simple application process
- Minimal documents required (ID, citizenship/passport)
- Multiple premium payment modes supported
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 Super Surakshit Beema?
Super Surakshit Beema 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 Super Surakshit Beema?
The entry age for Super Surakshit Beema is 18 – 65 years.
What bonus rate does Super Surakshit Beema earn?
For FY 2081/82, Prabhu Mahalaxmi Life Insurance declared Rs 23–73 / 1,000 of sum assured on Super Surakshit Beema. Bonus rates are set each year and are not guaranteed.
Premium
Quote on request