Jeevan Bachat (Single Premium Plan)
by एलआईसी नेपाल
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. A non-linked, with-profits (participating), single premium endowment plan offering a combination of protection and savings.
परिपक्वता अनुमान
अनुमानित परिपक्वता रकम
—
Declared bonus
Rate by policy term
Declared FY 2080/81
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 5-9 | Rs 41 | Rs 41 |
| 10-14 | Rs 49 | Rs 49 |
| 15-20 | Rs 53 | Rs 52 |
| 21-25 | Rs 57 | Rs 56 |
| 25 and above | Rs 63 | Rs 61 |
Recent years
- FY 2081/82
- Rs 41–62/ 1,000
- FY 2080/81
- Rs 41–63/ 1,000
- FY 2079/80
- Rs 41–61/ 1,000
- FY 2078/79
- Rs 41–61/ 1,000
- FY 2077/78
- Rs 41–63/ 1,000
* Company-wide declared range — the plan's own term bands were not published that year.
Bonus rates are declared annually and are not guaranteed. Past rates do not guarantee future rates.
What's included
Key highlights
- एकमुश्त प्रिमियम /सावधिक जीवन बीमा योजना
- न्यूनतम बीमित रकम रु. 25,000
- प्रवेश उमेर 18–65 वर्ष
- बीमा अवधिः 5–25 वर्ष
Features
- मृत्यु अवस्थामा बीमित रकम + संचित रिवर्सनरी बोनस भुक्तान
- समाप्तिमा- बीमित रकम + संचित रिवर्सनरी बोनस भुक्तान
- सादा रिवर्सनरी बोनस (वार्षिक घोषणा) मा सहभागी
- सरेन्डर भ्याल्यू १ वर्षपछि प्राप्त हुनेछ र सरेन्डर भ्याल्यूको ९०% सम्म ऋण उपलब्ध
Terms and conditions
- सेटलमेन्ट अप्सन: ५ देखि १० वर्षसम्म किस्तामा म्याच्युरिटी भुक्तानी (न्यूनतम किस्ता रु.1,000)
- Settlement option: receive maturity in installments over 5–10 years (min installment NPR 1,000)
- This option can be exercised by the policyholder at least 3 months prior to maturity.
- The amount received by the life assured for each installment under this option shall be such that it is equal to the balance amount under the settlement option being split equally across all the outstanding installments on the date of each payment.
- This can be demonstrated as follows:
- The settlement period chosen is 5 years with installments payable annually. The installment payments shall then be as follows:
- 1st Installment: 1/5th of the balance amount
- 2nd Installment: 1/4th of the balance amount
- 3rd Installment: 1/3rd of the balance amount
- 4th Installment: 1/2 of the balance amount
- 5th Installment: Remaining balance in full
- Interest shall accrue on the balance amount under the settlement option. The interest rate applicable under this option shall be as fixed by the Company from time to time.
- The first payment will be made on the date of maturity and thereafter, based on the mode of instalment payment opted for by the life assured, every month or three months or six months or annually from the date of maturity, as the case may be.
- After the commencement of Installment payments under Settlement Option, the Life Assured may choose to withdraw the balance amount at any time.
- No charges are applicable on such complete withdrawals.
- No partial withdrawal of the balance amount shall be allowed. On death of the life assured during this period, the balance amount as on the date of death shall be payable to the nominee and the policy shall terminate.
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, and the policy ends.
Typical for endowment plans — confirm the exact terms in the brochure.
If the policy runs to maturity
You receive the sum assured plus the bonus built up to that date as a lump sum on the maturity date.
Typical for endowment plans — confirm the exact terms in the brochure.
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
दुर्घटना मृत्यु लाभ
दुर्घटनावश मृत्युका लागि वैकल्पिक राइडर लाभ।
Accidental Death Benefit
Optional rider benefit for accidental death.
Loan & liquidity
- Policy loan
- Available
- Surrender allowed
- After 1 years
- Loan facility
- Up to 90% of surrender value
Premium
Quote on request