IME Endowment Cum Whole Life Plan: Lifetime Protection and Wealth Growth in Nepal

29th May 2026, Kathmandu

IME Endowment Cum Whole Life Plan (IME Aajeevan Sawadhik Beema Yojana) offered by IME Life Insurance is a comprehensive solution beyond basic protection.

IME Endowment Cum Plan

This plan is designed to provide lifelong financial protection while also helping policyholders build wealth over time. It combines the benefits of both endowment and whole life insurance, making it a powerful tool for long-term financial planning, estate creation, and family security.

What is IME Endowment Cum Whole Life Plan?

The IME Endowment Cum Whole Life Plan is a hybrid life insurance product that offers both protection and savings benefits. It ensures that the insured receives coverage throughout their lifetime, even after the premium payment term ends.

The policy continues up to the age of 100 years, making it one of the most extended coverage insurance plans available. It is particularly suitable for individuals who want to create a financial legacy while securing their family against unexpected financial risks.

This plan is not only an insurance product but also an estate planning instrument that helps in wealth transfer and long-term financial stability.

Key Features of IME Endowment Cum Whole Life Plan

• The plan offers flexible and structured features designed to meet different financial needs.
• The minimum sum assured starts at NPR 1,00,000, while there is no upper limit, depending on underwriting guidelines. This allows customers to customize coverage based on their financial capacity and goals.
• The minimum entry age is 18 years, and the maximum entry age is 65 years. Policyholders can choose a policy term ranging from 5 years to 52 years, offering flexibility in planning long-term commitments.
• The maximum maturity age is 70 years for policy term completion, while overall coverage continues up to 100 years of age, ensuring lifelong protection.
• Premium payments can be made annually, half-yearly, or quarterly, giving policyholders flexibility in managing their finances.

Benefits of the Plan

The IME Endowment Cum Whole Life Plan provides multiple financial and protection benefits.

• In the event of the policyholder’s death during the policy term, the nominee receives the full sum assured along with any vested bonuses. This ensures financial security for the family.
• If the policyholder survives until maturity, the full sum assured along with accumulated bonuses is paid to them, rewarding disciplined savings over time.
• Even after maturity, in the event of death, the nominee still receives the full sum assured, ensuring continued protection.
• If the policyholder survives up to 100 years, the full sum assured is paid, making it a lifelong benefit plan.
• The policy also offers a loan facility once it acquires surrender value, allowing policyholders to access funds during financial emergencies.
• Additionally, tax benefits are available as per prevailing insurance regulations, making it a tax-efficient financial tool.

Optional Rider Benefits

The plan offers several add-on rider benefits that enhance coverage and financial protection.

• The Accidental Death Benefit rider provides an additional payout equal to the rider sum assured in case of accidental death before age 70.
• The Income Benefit rider offers financial support in case of permanent total disability due to illness or accident. It provides monthly or quarterly income options ranging from 1% to 9% of the rider sum assured, depending on the selected plan structure.
• A Lump-Sum Disability Benefit ensures a one-time payout equal to the rider sum assured in case of permanent total disability.
• The Premium Waiver Benefit ensures that future premiums are waived if the policyholder becomes permanently disabled, while the policy continues.
• A Funeral Expenses benefit provides immediate financial assistance upon death, offering up to 25% of the sum assured or NPR 200,000, whichever is lower.
• The Critical Illness rider covers up to 21 major illnesses, offering a lump-sum payout of up to NPR 5,000,000 or as determined by underwriting guidelines.
• These riders significantly enhance the protection value of the base policy.

Eligibility and Policy Structure

The plan is open to individuals aged between 18 and 65 years. The flexible policy term and premium payment options allow customers to tailor the plan according to their financial goals.

It is ideal for individuals seeking long-term financial protection, retirement planning, and wealth creation through insurance savings.

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Why This Plan Matters

The IME Endowment Cum Whole Life Plan stands out because it combines three major financial needs in one product: protection, savings, and legacy creation.

It ensures that families remain financially secure in case of unexpected events while also helping policyholders build long-term wealth. The extended coverage period up to 100 years makes it a unique lifelong financial safety net.

This product also supports disciplined savings habits and provides structured financial growth through bonuses and guaranteed benefits.

Important Terms and Conditions

All benefits under this plan are subject to policy terms and conditions. Coverage, payouts, and rider benefits are governed by official policy documents and underwriting guidelines.

In case of any disputes, resolution will follow the provisions outlined under the Insurance Act of 2079, ensuring regulatory compliance and consumer protection.

Conclusion

The IME Endowment Cum Whole Life Plan is a comprehensive insurance solution that goes beyond traditional life coverage. It offers lifetime protection, wealth accumulation, flexible financial planning, and strong family security.

Offered by IME Life Insurance, this plan is ideal for individuals who want to combine insurance protection with long-term financial growth and legacy planning.

For those seeking a reliable and future-focused insurance product in Nepal, this plan provides one of the most complete financial protection frameworks available in the market today.

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