Sunaulo Bhabisya Jeevan Beema Yojana (Option 2)
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 participating endowment / anticipated cum whole life assurance plan offering both protection and long-term savings with declared bonuses. Two options (Option-1 and Option-2) provide flexible payout structures
Maturity estimator
Estimated value at maturity
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Declared bonus
Rate by policy term
Declared FY 2079/80
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 10 | Rs 55 | — |
| 15 | Rs 57 | — |
Recent years
- FY 2081/82
- Rs 55–85/ 1,000
- FY 2080/81
- Rs 56–85/ 1,000
- FY 2079/80
- Rs 55–57/ 1,000
- FY 2078/79
- Rs 50/ 1,000
- FY 2077/78
- Rs 60–82/ 1,000
* Company-wide declared range — the plan's own term bands were not published that year.
Source: Nepal Life Insurance declaration for FY 2079/80
Bonus rates are declared annually and are not guaranteed. Past rates do not guarantee future rates.
What's included
Key highlights
- Min Sum Assured NPR 25,000
- Entry age 18–65 yrs
- Policy term 5–35 yrs
- Option-2 offers extended/lifetime maturity payouts
Features
- Protection + Savings dual benefit
- Minimum sum assured NPR 25,000
- Entry age 18–65 years
- Policy term 5–35 years
- Max maturity age Option-2 = 80 years
- Optional annual money-back payments (if selected)
- Surrender allowed only after 3 policy years and 3 premiums paid
- Optional riders: Accidental, Permanent Total Disability, Premium Waiver, Critical Illness
Terms and conditions
- UNDER OPTION-2
- Maturity Benefit
- 1)100% of the sum assured is payable at the end of the premium payment term.
- 2)After the completion of the premium payment term, 5% of the sum assured is payable every year (policy anniversary date) until the age of 79 years along with accrued bonuses (if any) accumulated till the end of the premium payment term is payable at the age of 80.
- UNDER OPTION-2
- Death Benefit
- 1)Insured death during the premium paying period, 100% of the sum assured plus accrued bonuses (if any).
- 2)Post the premium payment term 50% of the sum assured along with accrued bonuses (if any) will be payable on death till 80 years.
- 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.
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.
Optional riders
Questions about this plan
What kind of plan is Sunaulo Bhabisya Jeevan Beema Yojana (Option 2)?
Sunaulo Bhabisya Jeevan Beema Yojana (Option 2) 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 Sunaulo Bhabisya Jeevan Beema Yojana (Option 2)?
The entry age for Sunaulo Bhabisya Jeevan Beema Yojana (Option 2) is 18 – 65 years.
How long does Sunaulo Bhabisya Jeevan Beema Yojana (Option 2) run?
The policy term for Sunaulo Bhabisya Jeevan Beema Yojana (Option 2) is 5-35 years.
How much cover can I take on Sunaulo Bhabisya Jeevan Beema Yojana (Option 2)?
The sum assured available on Sunaulo Bhabisya Jeevan Beema Yojana (Option 2) is From Rs 25,000.
What bonus rate does Sunaulo Bhabisya Jeevan Beema Yojana (Option 2) earn?
For FY 2079/80, Nepal Life Insurance declared Rs 55–57 / 1,000 of sum assured on Sunaulo Bhabisya Jeevan Beema Yojana (Option 2). Bonus rates are set each year and are not guaranteed.
Which riders can be added to Sunaulo Bhabisya Jeevan Beema Yojana (Option 2)?
Sunaulo Bhabisya Jeevan Beema Yojana (Option 2) can be taken with the following optional riders: PTD / PWB, Critical illness (CI). Each rider carries its own premium.
Premium
Quote on request