Sunaulo Bal Bhavishya (Regular Premium)
In simple terms: you pay a fixed amount each year, and at the end of the term you get your cover amount back together with the bonus the insurer adds along the way. If you are ever unable to keep paying, the plan carries on by itself and your child still receives the full amount when the term ends. Child-focused regular premium endowment. Minimum sum assured NPR 50,000. Entry age from birth (0) to 17 years (insured); proposer maximum age 65.. Risk commencement waiting periods vary by age.
Maturity estimator
Estimated value at maturity
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Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 0-14 | Rs 45 | Rs 44 |
| 15-19 | Rs 45 | Rs 50 |
| 20-24 | Rs 48 | Rs 53 |
| 25+ | Rs 52 | Rs 60 |
Recent years
- FY 2081/82
- Rs 45–52/ 1,000
- FY 2080/81
- Rs 38–75/ 1,000
- FY 2079/80
- Rs 44–60/ 1,000
- FY 2078/79
- Rs 44–60/ 1,000
- FY 2077/78
- Rs 40–60/ 1,000
* Company-wide declared range — the plan's own term bands were not published that year.
Source: Asian Life Insurance declaration for FY 2081/82
Bonus rates are declared annually and are not guaranteed. Past rates do not guarantee future rates.
What's included
Key highlights
- Minimum Sum assured NPR 50,000
- Entry age 0–17 years (insured)
- Premiums: yearly / half-yearly / quarterly
Features
- Minimum entry age 0 years (after birth)
- Entry age up to 17 years (insured); proposer max age 65
- Minimum sum assured NPR 50,000
- Risk commencement waiting periods depend on age
- Death benefits vary by timing: return of premiums before risk commencement; after risk commencement pay 25% SA or premiums paid (whichever greater) plus accrued bonus
- On proposer death: future premiums waived and monthly income benefit until child attains 18
Terms and conditions
- (1) If the insured children are alive till the insurance expiry date; Lump sum payment of sum assured and bonus as per rules will be given.
- (2) If the insured child dies before the commencement of the risk; The entire insurance fee will be refunded except the additional insurance fee received by the insurer.
- (3) If the insured child dies within the insurance period after the commencement of the risk; Twenty-five percent of the Sum Assured and the accrued bonus or paid insurance fee (excluding additional insurance fee), whichever is higher, will be paid and the policy will automatically terminate.
- (4) if the proposer dies within the insurance period;
- a) The insurance fee for the remaining period will be waived.
- b) Until the age of the insured child reaches 18 years, 1% of the sum assured will be provided as monthly income benefit.
- (5) In the event of simultaneous death of the insured child and the proposer within the insurance period;
- (a) Sum assured and accrued bonus will be paid on death of the proposer.
- (b) Twenty-five percent of the sum assured will be paid for the death of the insured children.
What happens in each case
Each plan pays out differently depending on what happens during the term. These are the situations that matter for this kind of plan.
If the insured passes away during the term
This plan states: If death before risk commencement: return of premiums paid; If death after risk commencement during policy term: 25% of Sum Assured OR premiums paid (whichever is higher) plus accrued bonus as applicable; On maturity: Sum Assured + accrued bonus
If the parent or guardian passes away
Future premiums are waived and the policy continues on its own. The child still receives the full maturity amount at the set age. Many child plans also pay the child a regular income until then — the brochure states the rate.
Typical for child plans — confirm the exact terms in the brochure.
If the policy runs to maturity
This plan states: Sum Assured + accrued bonus
Optional riders
No optional riders are attached to this plan.
What's not covered
- Non-scheduled/unsanctioned flights (except scheduled commercial flights authorized by law)
- Participation in war or war-like actions (whether war declared or not)
- Violation of civil or criminal law
- Suicide within two years from risk commencement or policy reinstatement — only premiums paid returned (except extra premium)
Questions about this plan
What kind of plan is Sunaulo Bal Bhavishya (Regular Premium)?
Sunaulo Bal Bhavishya (Regular Premium) from Asian Life Insurance is a child plan that is taken out by a parent or guardian to fund a child's education and future.
Who can buy Sunaulo Bal Bhavishya (Regular Premium)?
The entry age for Sunaulo Bal Bhavishya (Regular Premium) is 0 – 17 years.
How long does Sunaulo Bal Bhavishya (Regular Premium) run?
The policy term for Sunaulo Bal Bhavishya (Regular Premium) is 5 – 30 years.
How much cover can I take on Sunaulo Bal Bhavishya (Regular Premium)?
The sum assured available on Sunaulo Bal Bhavishya (Regular Premium) is From Rs 50,000.
What bonus rate does Sunaulo Bal Bhavishya (Regular Premium) earn?
For FY 2081/82, Asian Life Insurance declared Rs 45–52 / 1,000 of sum assured on Sunaulo Bal Bhavishya (Regular Premium). Bonus rates are set each year and are not guaranteed.
What is paid if the insured passes away during the term?
If death before risk commencement: return of premiums paid; If death after risk commencement during policy term: 25% of Sum Assured OR premiums paid (whichever is higher) plus accrued bonus as applicable; On maturity: Sum Assured + accrued bonus
What is paid when Sunaulo Bal Bhavishya (Regular Premium) matures?
Sum Assured + accrued bonus
Premium
Quote on request