Nirdhakka Jeevan Beema

by Prabhu Mahalaxmi Life Insurance

Endowment

About this plan

A traditional life insurance plan from Prabhu Mahalaxmi providing death and maturity benefits.

What's included

Key highlights

  • Traditional participating life plan
  • Covers both death and maturity benefits
  • Policy loan available

Features

  • Death benefit payable to nominee
  • Maturity benefit on policy term completion
  • Participating bonuses (if declared)
  • Policy loan facility against surrender value
  • Tax benefits as per local law
  • Flexible premium payment options

Eligibility & term

Entry age
18 – 60 years
Policy term
5-25 Years

Declared bonus

Term-wise Breakdown

FY 2081/82

Tenure (Years)Rate (per '000)
5-15Rs. 52
15 and aboveRs. 55

Reversionary bonus rates declared for the latest fiscal year based on policy term. Rates are revised annually and are not guaranteed for future years.

Optional riders

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

No optional riders are attached to this plan.

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