SuryaJyoti Sahi Plan

by SuryaJyoti Life Insurance

TermParticipatingCode 13
6.2% market share100.0% claims settledEst. 2022

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. This is pure cover: it pays your family if something happens during the term, and there is no amount paid back at the end. Limited-pay whole-life type life insurance offering lifelong coverage after limited premium payment. All premiums paid are refunded at age 70.

Maturity estimator

Rs
Rs 1.00 lakhRs 2.00 crore
years

Estimated value at maturity

Declared bonus

Rs 40–75

per Rs 1,000 sum assured, per year · declared FY 2081/82

Recent years

FY 2081/82
Rs 40–75/ 1,000
FY 2080/81
Rs 40–75/ 1,000
FY 2079/80
Rs 40–75/ 1,000
FY 2077/78
Rs 40–90/ 1,000

* Company-wide declared range — the plan's own term bands were not published that year.

Source: SuryaJyoti 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

  • Coverage up to 6x paid premium
  • Premiums refunded at age 70
  • Loan up to 90% of surrender value

Features

  • Lifelong protection at relatively low premium
  • Total premiums paid refunded at age 70
  • Limited premium payment with whole-life coverage
  • Policy loan up to 90% of surrender value
Terms and conditions
  1. Total fund received at maturity- Premium refund +Coverage

SuryaJyoti Life Insurance’s page for this plan

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.

  1. If the insured passes away during the term

    The nominee receives the full sum assured. There is no savings element, so nothing else accrues.

    Typical for term plans — confirm the exact terms in the brochure.

  2. If the policy runs to maturity

    The premiums paid over the term are returned to you at maturity. There is no bonus on top.

    Typical for term plans — confirm the exact terms in the brochure.

  3. 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 term plans — confirm the exact terms in the brochure.

Optional riders

Accidental death (ADB)PTD / PWBCritical illness (CI)
  • Accidental Death Benefit

    Additional benefit equal to Basic Sum Assured or NPR 10,000,000, whichever is less.

  • Accidental Death, Total Permanent Disability and Premium Waiver Benefit

    Combined accidental death, total permanent disability and premium waiver benefit; coverage up to Basic Sum Assured or NPR 10,000,000, whichever is less.

  • Critical Illness

    Additional critical illness benefit equal to Basic Sum Assured or NPR 5,000,000, whichever is less.

Loan & liquidity

Policy loan
Available

Questions about this plan

What kind of plan is SuryaJyoti Sahi Plan?

SuryaJyoti Sahi Plan from SuryaJyoti Life Insurance is a term plan that is pure life cover for a fixed period, with no savings element, and suits people protecting family income or a loan.

Who can buy SuryaJyoti Sahi Plan?

The entry age for SuryaJyoti Sahi Plan is 18 – 60 years.

How long does SuryaJyoti Sahi Plan run?

The policy term for SuryaJyoti Sahi Plan is 10/15/20 years.

How much cover can I take on SuryaJyoti Sahi Plan?

The sum assured available on SuryaJyoti Sahi Plan is From Rs 25,00,000.

What bonus rate does SuryaJyoti Sahi Plan earn?

For FY 2081/82, SuryaJyoti Life Insurance declared Rs 40–75 / 1,000 of sum assured on SuryaJyoti Sahi Plan. Bonus rates are set each year and are not guaranteed.

Which riders can be added to SuryaJyoti Sahi Plan?

SuryaJyoti Sahi Plan can be taken with the following optional riders: Accidental death (ADB), Critical illness (CI). Each rider carries its own premium.

Premium

Quote on request

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