Jeevan Udaya Ekal Jeevan Beema Yojana
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. A single-premium participating (with-profits) endowment plan offering annual simple reversionary bonuses. Death benefit before maturity is 2x basic sum assured plus accrued bonus; maturity benefit is basic sum assured plus accrued bonus.
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 |
|---|---|---|
| 0-10 | Rs 60 | Rs 60 |
| 11-15 | Rs 60 | Rs 60 |
| 16-20 | Rs 60 | Rs 60 |
| 21-25 | Rs 70 | Rs 70 |
| 26-30 | Rs 82 | Rs 82 |
| 30+ | Rs 82 | — |
Recent years
- FY 2081/82
- Rs 60–82/ 1,000
- FY 2080/81
- Rs 60–82/ 1,000
- FY 2079/80
- Rs 51–61/ 1,000
- FY 2078/79
- Rs 60–82/ 1,000
- FY 2077/78
- Rs 60–82/ 1,000
Source: Nepal 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
- Single-premium participating endowment
- Death benefit: 2x Sum Assured + bonus
- Annual simple reversionary bonus
- For Mass and mass affluent individuals who are planning to diversify the investment portfolio for financial stability
Features
- Single-premium payment mode only
- Participating endowment with annual simple reversionary bonuses
- Death benefit before maturity: 2x basic sum assured + accrued bonus
- Maturity benefit: basic sum assured + accrued bonus
- Surrender value and policy loan available after 3 full policy years (loan up to 90% of surrender value)
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.
If death is caused by an accident
With the accidental death rider, an additional amount is paid on top of the sum assured. The rider is optional and carries its own premium.
Typical for endowment plans — confirm the exact terms in the brochure.
Optional riders
Accidental Death Benefit
Optional accidental death rider.
Permanent Total Disability Benefit
Optional PTD benefit.
Premium Waiver Benefit
Optional premium waiver benefit.
Critical Illness Benefit
Optional critical illness rider.
Loan & liquidity
- Policy loan
- Available
- Surrender allowed
- After 3 years
- Loan facility
- Up to 90% of surrender value
Questions about this plan
What kind of plan is Jeevan Udaya Ekal Jeevan Beema Yojana?
Jeevan Udaya Ekal Jeevan Beema Yojana from Nepal Life Insurance 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 Udaya Ekal Jeevan Beema Yojana?
The entry age for Jeevan Udaya Ekal Jeevan Beema Yojana is 18 – 55 years.
How long does Jeevan Udaya Ekal Jeevan Beema Yojana run?
The policy term for Jeevan Udaya Ekal Jeevan Beema Yojana is 10 years to 30 years (depending on maximum age at expiry).
How much cover can I take on Jeevan Udaya Ekal Jeevan Beema Yojana?
The sum assured available on Jeevan Udaya Ekal Jeevan Beema Yojana is From Rs 50,000.
What bonus rate does Jeevan Udaya Ekal Jeevan Beema Yojana earn?
For FY 2081/82, Nepal Life Insurance declared Rs 60–82 / 1,000 of sum assured on Jeevan Udaya Ekal Jeevan Beema Yojana. Bonus rates are set each year and are not guaranteed.
Which riders can be added to Jeevan Udaya Ekal Jeevan Beema Yojana?
Jeevan Udaya Ekal Jeevan Beema Yojana can be taken with the following optional riders: Accidental death (ADB), PTD / PWB, Critical illness (CI). Each rider carries its own premium.
Premium
Quote on request