Sunaulo Bhabisya Jeevan Beema Yojana Option 1
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 participating endowment / anticipated cum whole life assurance plan providing life protection plus long-term savings with bonus benefits. Optional yearly money-back choices are available at purchase.
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 62 | Rs 62 |
| 26-30 | Rs 65 | Rs 65 |
| 30+ | Rs 65 | — |
Recent years
- FY 2081/82
- Rs 60–65/ 1,000
- FY 2080/81
- Rs 60–65/ 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
- Minimum sum assured NPR 25,000
- Entry age 18–65 years
- Policy term 5–35 years
- Available riders: Accidental, PTD, Premium Waiver, Critical Illness
Features
- Dual benefit: protection + savings
- Participating plan with bonuses and attractive maturity returns
- Optional yearly money-back payouts
- Multiple premium payment modes
Terms and conditions
- UNDER OPTION-1
- Maturity benefit- Sum assured along with the accrued bonuses (if any).
- Death benefit-Insured death during the premium paying period the Product pays out 100% of the sum assured plus accrued bonuses (if any).
- POLICY LOAN & SURRENDER:
- UNDER BOTH OPTIONS:
- 1. Surrender is only applicable upon completion of three full policy years & 3 full premium payments from the date of commencement.
- 2. After completion of three years of premium payment 90% of its surrender value will be applicable for the policy loan.
- For Single Plan:
- 1-3 years after date of commencement: 80% of paid premium (except riders + vested bonus )
- After completion of 3 years from date of commencement: 80% of paid premium (except riders + vested bonus )
- After completion of 4 years from date of commencement: 85% of paid premium (except riders + vested bonus )
- After completion of 5 years from date of commencement: 90% of paid premium (except riders + vested bonus )
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
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 Sunaulo Bhabisya Jeevan Beema Yojana Option 1?
Sunaulo Bhabisya Jeevan Beema Yojana Option 1 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 Sunaulo Bhabisya Jeevan Beema Yojana Option 1?
The entry age for Sunaulo Bhabisya Jeevan Beema Yojana Option 1 is 18 – 65 years.
How long does Sunaulo Bhabisya Jeevan Beema Yojana Option 1 run?
The policy term for Sunaulo Bhabisya Jeevan Beema Yojana Option 1 is 5-35 Years.
How much cover can I take on Sunaulo Bhabisya Jeevan Beema Yojana Option 1?
The sum assured available on Sunaulo Bhabisya Jeevan Beema Yojana Option 1 is From Rs 25,000.
What bonus rate does Sunaulo Bhabisya Jeevan Beema Yojana Option 1 earn?
For FY 2081/82, Nepal Life Insurance declared Rs 60–65 / 1,000 of sum assured on Sunaulo Bhabisya Jeevan Beema Yojana Option 1. Bonus rates are set each year and are not guaranteed.
Which riders can be added to Sunaulo Bhabisya Jeevan Beema Yojana Option 1?
Sunaulo Bhabisya Jeevan Beema Yojana Option 1 can be taken with the following optional riders: PTD / PWB, Critical illness (CI). Each rider carries its own premium.
Premium
Quote on request