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. Jeevan Utsav — a participating endowment plan with reversionary bonuses and a Final Additional Bonus (for policy terms of 16 years and above).
Maturity estimator
Estimated value at maturity
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Declared bonus
Rate by policy term
Declared FY 2080/81
| Policy term | Rate / 1,000 |
|---|---|
| 10-15 | Rs 50 |
| 16-24 | Rs 52 |
| 25-35 | Rs 53 |
Recent years
- FY 2081/82
- Rs 41–62/ 1,000
- FY 2080/81
- Rs 50–53/ 1,000
* Company-wide declared range — the plan's own term bands were not published that year.
Bonus rates are declared annually and are not guaranteed. Past rates do not guarantee future rates.
What's included
Key highlights
- Participating endowment plan
- Final Additional Bonus after 16 years
- Double sum assured on death
Features
- Participating endowment policy with reversionary bonus
- Final Additional Bonus for policies in-force 16+ years
- Death benefit: Double basic sum assured + vested bonuses + FAB (Final Additional Bonus)
- Maturity benefit: Basic sum assured + vested bonuses + FAB (Final Additional Bonus)
- Entry age 18–55 years
Terms and conditions
- A reversionary bonus will be declared each year based on the Product’s performance. The bonus, thus vested, will be provided in the event death, maturity or surrender.
- A Final Additional Bonus is provided to the policyholders with a policy term 16 years and above. This will be a one-time bonus which will be paid at the time of exit if the policy has been in-force for at least 16 years.
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
The nominee receives the sum assured plus the bonus built up to that date, and the policy ends.
Typical for endowment plans — confirm the exact terms in the brochure.
If the policy runs to maturity
You receive the sum assured plus the bonus built up to that date as a lump sum on the maturity date.
Typical for endowment plans — confirm the exact terms in the brochure.
Optional riders
Permanent Disability due to Accident
Optional rider benefit for permanent disability due to accident.
Questions about this plan
What kind of plan is Jeevan Utsav?
Jeevan Utsav from LIC Nepal is an endowment plan that pairs savings with life cover for a single adult, and suits people who want a guaranteed amount on a fixed future date.
Who can buy Jeevan Utsav?
The entry age for Jeevan Utsav is 18 – 55 years.
How long does Jeevan Utsav run?
The policy term for Jeevan Utsav is 10 – 35 years.
How much cover can I take on Jeevan Utsav?
The sum assured available on Jeevan Utsav is From Rs 50,000.
What bonus rate does Jeevan Utsav earn?
For FY 2080/81, LIC Nepal declared Rs 50–53 / 1,000 of sum assured on Jeevan Utsav. Bonus rates are set each year and are not guaranteed.
Which riders can be added to Jeevan Utsav?
Jeevan Utsav can be taken with the following optional riders: PTD / PWB. Each rider carries its own premium.
Premium
Quote on request