Sunlife Endowment Assurance Life Insurance
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. The SunLife Endowment Assurance plan combines disciplined savings with life insurance protection. It provides a guaranteed lump-sum at maturity if the life survives the policy term, and the full Sum Assured plus declared bonuses to beneficiaries in case of death during the policy period. Optional riders can be added for extra 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 |
|---|---|---|
| 0-14 | Rs 33 | — |
| 15-19 | Rs 36 | — |
| 20-24 | Rs 55 | Rs 52 |
| 25-29 | Rs 60 | Rs 55 |
| 30+ | Rs 60 | Rs 65 |
Recent years
- FY 2081/82
- Rs 33–60/ 1,000
- FY 2080/81
- Rs 30–65/ 1,000
- FY 2079/80
- Rs 30–50/ 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
- Guaranteed maturity benefit
- Death benefit = Sum Assured + declared bonuses
- Entry age: 18–65 years
Features
- Guaranteed lump-sum at maturity
- Full Sum Assured plus declared bonuses on death
- Combination of disciplined savings and life protection
- Optional riders: ADB, Premium Waiver, Critical Illness, Sun Medicare, Funeral Expenses
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: Sum Assured + declared bonuses
If the policy runs to maturity
This plan states: Lump sum at maturity (Sum Assured + declared 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 endowment plans — confirm the exact terms in the brochure.
Optional riders
Accidental Death Benefit
Optional additional sum assured in case of accidental death
Permanent Total Disability Benefit
Optional PTD benefit
Premium Waiver Benefit
Optional premium waiver in case of permanent total disability
Sun Medicare
Optional emergency medical rider
Critical Illness Benefit
Optional critical illness rider
Funeral Expense Benefit
Optional funeral expense rider
Loan & liquidity
- Policy loan
- Available
- Surrender allowed
- After 2 years
Questions about this plan
What kind of plan is Sunlife Endowment Assurance Life Insurance?
Sunlife Endowment Assurance Life Insurance from Sun 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 Sunlife Endowment Assurance Life Insurance?
The entry age for Sunlife Endowment Assurance Life Insurance is 18 – 65 years.
How long does Sunlife Endowment Assurance Life Insurance run?
The policy term for Sunlife Endowment Assurance Life Insurance is 5 – 52 years.
How much cover can I take on Sunlife Endowment Assurance Life Insurance?
The sum assured available on Sunlife Endowment Assurance Life Insurance is From Rs 25,000.
What bonus rate does Sunlife Endowment Assurance Life Insurance earn?
For FY 2081/82, Sun Nepal Life Insurance declared Rs 33–60 / 1,000 of sum assured on Sunlife Endowment Assurance Life Insurance. Bonus rates are set each year and are not guaranteed.
What is paid if the insured passes away during the term?
Sum Assured + declared bonuses
What is paid when Sunlife Endowment Assurance Life Insurance matures?
Lump sum at maturity (Sum Assured + declared bonuses)
Which riders can be added to Sunlife Endowment Assurance Life Insurance?
Sunlife Endowment Assurance Life Insurance 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