Jeevan Unnati 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. You also receive part of the cover amount at set points during the term, not only at the end. A limited-payment money-back life insurance plan by Nepal Life that provides periodic lump-sum survival payouts, full risk cover for the policy term, and bonuses on maturity. Designed to meet interim financial needs while providing life protection.
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 56 | Rs 56 |
| 11-15 | Rs 56 | Rs 56 |
| 16-20 | Rs 56 | Rs 56 |
| 21-25 | Rs 56 | Rs 56 |
| 26-30 | Rs 56 | Rs 56 |
| 31+ | Rs 56 | Rs 56 |
Recent years
- FY 2081/82
- Rs 56/ 1,000
- FY 2080/81
- Rs 56/ 1,000
- FY 2079/80
- Rs 55–57/ 1,000
- FY 2078/79
- Rs 50/ 1,000
- FY 2077/78
- Rs 60/ 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
- Limited-payment money-back plan
- Maturity pays vested bonuses plus 40% of SA
- Death benefit 2.5x SA in single premium mode
- Riders cover accidental death, TPD and critical illness
Features
- Entry age 18–58 years
- Maximum maturity age 70 years
- Policy term 12–20 years
- Minimum Sum Assured: NPR 50,000
- Premium modes: Single, Yearly, Half-yearly, Quarterly, Monthly
- Money-back survival benefits paid at regular intervals
- Maturity: declared bonuses vested plus 40% of Sum Assured
- Death benefit: 2.5x SA for single premium; basic SA + bonuses for other modes
- Riders available: ADB, TPD, Premium Waiver, Critical Illness
- Policy loan available after surrender value; up to 90% of surrender value
Terms and conditions
- In case of single premium mode - 2.5 times of sum assured with bonus of basic assured,
- Other payment option- Basic sum assured with bonus
- On maturity, bonus declared and vested in the policy plus 40% of Sum Assured will be paid.
- For the single premium paying mode, in the event of death within one year due to any cause mentioned above, only 90% of the premium (excluding the rider) will be reimbursed.
- In the case of death within two years, only 95% of the premium (excluding the rider) will be reimbursed.
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. Instalments already paid out along the way are not deducted from this amount.
Typical for money-back plans — confirm the exact terms in the brochure.
Along the way, while the policy is in force
A set share of the sum assured is paid at fixed points during the term. The schedule on this page shows when each instalment falls due.
Typical for money-back plans — confirm the exact terms in the brochure.
If the policy runs to maturity
You receive the balance of the sum assured plus the bonus built up to that date — the part not already paid as instalments.
Typical for money-back 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 money-back plans — confirm the exact terms in the brochure.
Optional riders
Accidental Death Benefit
Optional accidental death rider.
Permanent Total Disability Benefit
Optional accidental PTD rider.
Premium Waiver Benefit
Optional premium waiver rider.
Loan & liquidity
- Policy loan
- Available
- Loan facility
- Up to 90% of surrender value
Questions about this plan
What kind of plan is Jeevan Unnati Beema Yojana?
Jeevan Unnati Beema Yojana from Nepal Life Insurance is a money-back plan that releases part of the sum assured at set points during the term instead of only at the end.
Who can buy Jeevan Unnati Beema Yojana?
The entry age for Jeevan Unnati Beema Yojana is 18 – 58 years.
How long does Jeevan Unnati Beema Yojana run?
The policy term for Jeevan Unnati Beema Yojana is 12,16 or 20 years.
How much cover can I take on Jeevan Unnati Beema Yojana?
The sum assured available on Jeevan Unnati Beema Yojana is From Rs 50,000.
What bonus rate does Jeevan Unnati Beema Yojana earn?
For FY 2081/82, Nepal Life Insurance declared Rs 56–56 / 1,000 of sum assured on Jeevan Unnati Beema Yojana. Bonus rates are set each year and are not guaranteed.
Which riders can be added to Jeevan Unnati Beema Yojana?
Jeevan Unnati Beema Yojana can be taken with the following optional riders: Accidental death (ADB), PTD / PWB. Each rider carries its own premium.
Premium
Quote on request