Sunaulo Bal Bhavishya (Regular Premium)
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. If you are ever unable to keep paying, the plan carries on by itself and your child still receives the full amount when the term ends. Child-focused regular premium endowment. Minimum sum assured NPR 50,000. Entry age from birth (0) to 17 years (insured); proposer maximum age 65.. Risk commencement waiting periods vary by age.
परिपक्वता अनुमान
अनुमानित परिपक्वता रकम
—
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 0-14 | Rs 45 | Rs 44 |
| 15-19 | Rs 45 | Rs 50 |
| 20-24 | Rs 48 | Rs 53 |
| 25+ | Rs 52 | Rs 60 |
Recent years
- FY 2081/82
- Rs 45–52/ 1,000
- FY 2080/81
- Rs 38–75/ 1,000
- FY 2079/80
- Rs 44–60/ 1,000
- FY 2078/79
- Rs 44–60/ 1,000
- FY 2077/78
- Rs 40–60/ 1,000
* Company-wide declared range — the plan's own term bands were not published that year.
Source: एसियन लाइफ इन्स्योरेन्स 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
- न्यूनतम बीमाङ्क रु. ५०,०००
- प्रवेश उमेर ०–१७ वर्ष (बीमित)
- बीमाशुल्क वार्षिक/अर्द्धवार्षिक/त्रैमासिक
Features
- न्यूनतम प्रवेश उमेर ० वर्ष (जन्मपछि)
- अधिकतम प्रवेश उमेर १७ वर्ष (बीमित); प्रस्तावक अधिकतम उमेर ६५ वर्ष
- न्यूनतम बीमाङ्क रु. ५०,०००
- बीमाशुरु/जोखिम प्रारम्भमा प्रतीक्षा अवधि (आयु अनुसार ०–२ वर्ष वा ६ वर्ष इत्यादि)
- मृत्यु परिदृश्यमा भुक्तानी नियमहरू: जोखिम प्रारम्भअघि प्रिमियम फिर्ता, जोखिमपछि बीमाङ्कको २५% वा भुक्तानी गरिएको प्रिमियम मध्ये बढी रकम
- प्रस्तावकको मृत्यु हुँदा बाँकी प्रिमियम मिनाहा र मासिक आय सुविधा (बीमितको उमेर १८ नहुन्जेल)
Terms and conditions
- (1) If the insured children are alive till the insurance expiry date; Lump sum payment of sum assured and bonus as per rules will be given.
- (2) If the insured child dies before the commencement of the risk; The entire insurance fee will be refunded except the additional insurance fee received by the insurer.
- (3) If the insured child dies within the insurance period after the commencement of the risk; Twenty-five percent of the Sum Assured and the accrued bonus or paid insurance fee (excluding additional insurance fee), whichever is higher, will be paid and the policy will automatically terminate.
- (4) if the proposer dies within the insurance period;
- a) The insurance fee for the remaining period will be waived.
- b) Until the age of the insured child reaches 18 years, 1% of the sum assured will be provided as monthly income benefit.
- (5) In the event of simultaneous death of the insured child and the proposer within the insurance period;
- (a) Sum assured and accrued bonus will be paid on death of the proposer.
- (b) Twenty-five percent of the sum assured will be paid for the death of the insured children.
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: If death before risk commencement: return of premiums paid; If death after risk commencement during policy term: 25% of Sum Assured OR premiums paid (whichever is higher) plus accrued bonus as applicable; On maturity: Sum Assured + accrued bonus
If the parent or guardian passes away
Future premiums are waived and the policy continues on its own. The child still receives the full maturity amount at the set age. Many child plans also pay the child a regular income until then — the brochure states the rate.
Typical for child plans — confirm the exact terms in the brochure.
If the policy runs to maturity
This plan states: Sum Assured + accrued bonus
Optional riders
No optional riders are attached to this plan.
What's not covered
- Non-scheduled/unsanctioned flights (except scheduled commercial flights authorized by law)
- Participation in war or war-like actions (whether war declared or not)
- Violation of civil or criminal law
- Suicide within two years from risk commencement or policy reinstatement — only premiums paid returned (except extra premium)
Premium
Quote on request