IME Life Insurance’s IME Endowment Cum Whole Life Plan: Features

8th October 2026, Kathmandu

IME Life Insurance Company Limited has detailed the features benefits and optional rider provisions for its financial protection product named the IME Endowment Cum Whole Life Plan IME Aajeevan Sawadhik Beema Yojana.

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IME Endowment Cum Whole Life Plan

The policy combines endowment savings with lifetime coverage up to 100 years of age.

Key Eligibility and Policy Specifications

• Minimum Sum Assured: Set at 100000 NPR with no upper limit subject to company underwriting guidelines
• Entry Age Limits: Minimum entry age is 18 years and maximum entry age is 65 years
• Policy Terms: Minimum policy duration is 5 years with a maximum term of 52 years subject to a maximum age maturity cap of 70 years
• Payment Frequency: Premium payment modes available are yearly half yearly and quarterly
• Financial Services: Policy loan facility becomes available after the policy acquires surrender value along with applicable income tax benefits

Core Death and Maturity Benefits

• Death Before Maturity: On death during the policy term the nominee receives the full Sum Assured plus vested bonus amounts
• Survival at Policy Maturity: On surviving the selected policy term the policyholder receives the full Sum Assured plus accrued vested bonuses
• Post Maturity Death Coverage: On death of the insured after maturity up to 100 years of age the nominee receives an additional payout equal to the full Sum Assured
• Survival to Centenarian Age: On surviving to 100 years of age the full Sum Assured is paid out to the policyholder or beneficiary

Optional Supplemental Rider Coverage

• Accidental Death Benefit: Pays an additional rider sum assured if death occurs due to an accident prior to reaching 70 years of age
• Income Benefit: Provides monthly payouts ranging between 1.0 percent and 3.0 percent or quarterly payouts between 3.0 percent and 9.0 percent of rider sum assured in case of permanent total disability
• Premium Waiver Benefit: Waives all future base policy premiums in the event of permanent total disability of the insured
• Lump Sum and Funeral Benefit: Pays a lump sum amount equal to the rider sum assured for permanent total disability or up to 200 000 NPR or 25 percent of sum assured for funeral expenses upon death
• Critical Illness Rider: Offers a lump sum payout up to 5 000 000 NPR upon diagnosis of any of 21 covered critical illnesses subject to policy terms and Insurance Act 2079 provisions

For More: IME Endowment Cum Whole Life Plan