Sammunat 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. Sammunat Jeevan is a participating (with-profits) endowment life plan offering annual simple reversionary bonuses. Benefits: natural death 2× sum assured + bonus, accidental death 3× sum assured + bonus, maturity sum assured + 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 56 | Rs 56 |
| 11-15 | Rs 56 | Rs 56 |
| 16-20 | Rs 56 | Rs 56 |
| 21-25 | Rs 60 | Rs 60 |
| 26-30 | Rs 70 | Rs 70 |
| 31+ | Rs 70 | Rs 70 |
Recent years
- FY 2081/82
- Rs 56–70/ 1,000
- FY 2080/81
- Rs 56–70/ 1,000
- FY 2079/80
- Rs 55–57/ 1,000
- FY 2078/79
- Rs 56–70/ 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
- 2× for natural death, 3× for accidental death
- Annual simple reversionary bonuses
- Sum assured NPR 50,000–10,000,000
- Entry age 18–60; maturity age 65
Features
- Annual simple reversionary bonuses (vest when declared)
- Natural death: 2× basic sum assured + accrued bonus
- Accidental death: 3× basic sum assured + accrued bonus
- Maturity: basic sum assured + accrued bonus
- Critical Illness Rider Available (Maximum Rs.5,000,000)
- Surrender and paid-up values available after 3 full policy years and premiums
Terms and conditions
- This product is offered for an unlimited period to
- Males and Females
- Smokers and Non-smokers
- Individuals
- Urban and Rural population
- Standard and Impaired lives
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
Natural Death Benefit
Natural death pays 2× basic sum assured plus accrued bonus as a core plan benefit.
Accidental Death Benefit
Accidental death pays 3× basic sum assured plus accrued bonus as a core plan benefit.
Loan & liquidity
- Policy loan
- Available
- Surrender allowed
- After 3 years
Questions about this plan
What kind of plan is Sammunat Jeevan Beema Yojana?
Sammunat 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 Sammunat Jeevan Beema Yojana?
The entry age for Sammunat Jeevan Beema Yojana is 18 – 60 years.
How long does Sammunat Jeevan Beema Yojana run?
The policy term for Sammunat Jeevan Beema Yojana is 5 to 30 years.
How much cover can I take on Sammunat Jeevan Beema Yojana?
The sum assured available on Sammunat Jeevan Beema Yojana is Rs 50,000 – Rs 1,00,00,000.
What bonus rate does Sammunat Jeevan Beema Yojana earn?
For FY 2081/82, Nepal Life Insurance declared Rs 56–70 / 1,000 of sum assured on Sammunat Jeevan Beema Yojana. Bonus rates are set each year and are not guaranteed.
Premium
Quote on request