Mahalaxmi Endowment Plan
Mahalaxmi Sabadhik Beema Yojana
Mahalaxmi Endowment Insurance Plan combines both the risk coverage and saving element at reasonable premium. This plan, upon payment of level premiums for the policy term, is designed to pay back a lump sum amount of sum assured and bonus declared and vested in the policy after completion of the policy term (i.e. upon maturity) or upon death of the insured person.
- Name and type of insurance : Mahalaxmi Endowment Plan/Participating Endowment
- Age at Entry : 18 years to 65 years
- Policy Term : 5 years to 30 years
- Maximum Maturity Age : 70 years
- Mode of Premium Payment : Yearly, Half-Yearly, Quarterly and Monthly
- Minimum Sum Assured : 50,000
- Maximum Sum Assured : 5,00,00,000, (in intervals of 10,000)
- Benefits under this policy:
- Full sum assured and accrued bonus is payable upon death of insured provided that the policy is in force till that date.
- Full sum assured and accrued bonus is payable on maturity if the policy remains in force and the insured survives till maturity date.
- The policy will gain paid-up value or surrender value upon payment of premiums for 2 full years. The paid-up calculation is done as per the approved method prescribed by Beema Samiti. Loan of up to 90% of the surrender value can be availed.
- Supplementary benefits: ADB and PTD (Accidental Death Benefit and Permanent Total Disability Benefit) is available for full policy term, equal to sum assured but not more than 1,00,00,000 upon payment of additional premium.
Mahalaxmi Saral Jeevan Beema
"Mahalaxmi Saral Jeevan Beema" is a Limited Payment Endowment Plan.....
Mahalaxmi Jeevan Surakshya Beema
"Mahalaxmi Jeevan Surakshya Beema" is a term life plan that provides....
Barshik Dhan Firta Beema Yojana
'"Mahalaxmi Barshik Dhanfirta Beema" is an Anticipated Endowment....
Micro Term Assurance Plan
Micro Term Life Product This is Single Premium Micro Term Policy....
Jeevan Herchah Beema
Every parents wish to provide good education to their child and....
Gandaki Bikas Bank Ltd. to sell insurance policy of Mahalaxmi Life Insurance Ltd.
Date: 2076-01-26 A contract has been signed between Gandaki Bikas....
Accidental Death Benefit (ADB) & Permanent Total Disability (PTD) Benefit
Accidental Death Benefit - (ADB) If policy assured dies due....
Accidental Death Benefit (ADB)
If policy assured dies due to accident during the policy period,....
Double Endowment Plan
Guaranteed Return Endowment Plan The plan is a non-participating....
Lagani Firta Myadi Beema
Term Plan with Return of Premium "Mahalaxmi Life Lagani Firta Myadi....