Himalayan Jeevan Uphaar Beema Plan: A Trusted Insurance Plan for Financial Security
Kathmandu – Himalayan Life Insurance’s ‘Himalayan Jeevan Uphaar Beema Yojana’ insurance plan has become one of the most popular and trusted insurance plans in Nepal. Known for its high protection at affordable premiums, this term life insurance plan has successfully catered to the needs of individuals across various economic and professional backgrounds. Himalayan Life Insurance, a company formed by merging Prime, Union, and Gurans Life Insurance, continues to deliver reliable financial solutions through 209 branch offices and a network of over 164,000 dedicated agents nationwide.
This Insurance Plan is widely recognized for its unique features that combine protection with savings. One of its standout aspects is the dual protection it offers. On the first anniversary of the main insurance policy, the insured automatically receives an additional gift insurance plan with the same sum assured as the primary policy, effectively doubling the coverage. This provision makes the plan both practical and beneficial for individuals seeking long-term financial security.
Another significant benefit of this plan is its comprehensive payout structure. At the end of the insurance term, policyholders receive 25% of the sum assured from the primary policy, 100% of the sum assured from the gift insurance policy, and all accrued bonuses in a lump sum. In cases of untimely death, the insured’s family receives the full sum assured along with any accumulated bonuses, ensuring their financial stability during difficult times.
This insurance plan also offers a great deal of flexibility in premium payments. Customers can choose to pay annually, semi-annually, or quarterly. Annual payers also benefit from additional premium discounts. Optional riders, such as Critical Illness Coverage, Personal Accident Benefit, Accidental Death Benefit, and Premium Waiver in case of permanent disability, further enhance the plan’s appeal.
This insurance plan is ideal for people from all walks of life, including farmers, teachers, traders, drivers, security personnel, and employees across various fields. Its affordability, combined with its ability to provide financial protection and savings, has made it a preferred choice for families and individuals alike. Additionally, policyholders can secure loans amounting to 90% of the policy’s surrender value after three years of consistent premium payments.
Himalayan Life Insurance has implemented a hassle-free claim process, ensuring quick and smooth payouts for policyholders and their beneficiaries. This has further strengthened the trust and confidence of customers in the company. The plan also addresses medical emergencies and unexpected accidents through its additional benefit options, making it a comprehensive financial solution.
For more insights into the Himalayan Jeevan Uphaar Beema Plan, watch the exclusive conversation between Subash Dangal, Head of Reinsurance, Valuation, and Product Development at Himalayan Life Insurance, and Beemapost reporter Rajan Kathayat in the video below.