Sun Life Nabeen Ajeewan Jeevan Beema
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. An endowment-cum-whole-life assurance combining savings with lifelong protection. Provides maturity benefit (sum assured + vested bonuses) and life cover up to age 100, with optional riders such as accidental death and critical illness.
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 |
|---|---|---|
| 0-14 | Rs 38 | — |
| 15-19 | Rs 40 | — |
| 20-24 | Rs 62 | Rs 62 |
| 25-29 | Rs 70 | — |
| 30+ | Rs 80 | — |
Recent years
- FY 2081/82
- Rs 38–80/ 1,000
- FY 2080/81
- Rs 38–80/ 1,000
- FY 2079/80
- Rs 38–75/ 1,000
- FY 2078/79
- Rs 40–70/ 1,000
- FY 2077/78
- Rs 30–75/ 1,000
Source: Sun 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
- Endowment + Whole-life combination
- Minimum Sum Assured NPR 100,000
- Maximum policy term 52 years
Features
- Dual protection: maturity lump sum + lifelong cover
- Guaranteed maturity benefit: full sum assured plus vested bonuses
- Lifelong coverage up to age 100
- Optional riders availiable
- Death during premium paying term: Full Sum Assured + Vested Bonus
Terms and conditions
- Death Benefits During Premium Paying Term:
- On death of life assured during the paying term of policy, FULL SUM ASSURED Plus Vested Bonus in the policy will be paid.
- Survival Benefit:
- 1) On survival of life assured until the end of premium paying term, FULL SUM ASSURED Plus Vested Bonus in the policy will be paid.
- 2) On survival to 100 years age: Full Sum Assured will be paid if not paid earlier due to death.
- 3) Death Benefits Post Premium Paying Term: On death of life assured after the premium paying term of policy, FULL SUM ASSURED of the policy will be paid.
- Riders:
- 4)Riders are available at an additional premium and subject to policy terms and conditions.
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
This plan states: Full Sum Assured + Vested Bonus during premium paying term; Full Sum Assured after premium paying term
After the premium-paying term ends
This plan states: Full Sum Assured + Accrued Bonuses
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 whole life plans — confirm the exact terms in the brochure.
Optional riders
Accidental Death Benefit
Optional additional sum assured for accidental death
Permanent Total Disability Benefit
Optional disability rider
Premium Waiver Benefit
Optional premium waiver rider
Critical Illness Benefit
Optional critical illness benefit covering 18 major illnesses
Funeral Expense Benefit
Optional funeral expense benefit
Sun Medicare
Optional emergency medical rider
Loan & liquidity
- Policy loan
- Available
- Surrender allowed
- After 2 years
Questions about this plan
What kind of plan is Sun Life Nabeen Ajeewan Jeevan Beema?
Sun Life Nabeen Ajeewan Jeevan Beema from Sun Nepal Life Insurance is a whole life plan that covers the insured for life rather than a set number of years, and suits people who want to leave money behind for their family.
Who can buy Sun Life Nabeen Ajeewan Jeevan Beema?
The entry age for Sun Life Nabeen Ajeewan Jeevan Beema is 18 – 65 years.
How long does Sun Life Nabeen Ajeewan Jeevan Beema run?
The policy term for Sun Life Nabeen Ajeewan Jeevan Beema is 5 – 52 years.
How much cover can I take on Sun Life Nabeen Ajeewan Jeevan Beema?
The sum assured available on Sun Life Nabeen Ajeewan Jeevan Beema is From Rs 1,00,000.
What bonus rate does Sun Life Nabeen Ajeewan Jeevan Beema earn?
For FY 2081/82, Sun Nepal Life Insurance declared Rs 38–80 / 1,000 of sum assured on Sun Life Nabeen Ajeewan Jeevan Beema. Bonus rates are set each year and are not guaranteed.
What is paid if the insured passes away during the term?
Full Sum Assured + Vested Bonus during premium paying term; Full Sum Assured after premium paying term
What is paid when Sun Life Nabeen Ajeewan Jeevan Beema matures?
Full Sum Assured + Accrued Bonuses
Which riders can be added to Sun Life Nabeen Ajeewan Jeevan Beema?
Sun Life Nabeen Ajeewan Jeevan Beema 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