Jeevan Bandhu (Double Benefit) Life Insurance Plan

5.5% market share100.0% claims settledEst. 1968

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. Rastriya Jeevan Beema's 'Jeevan Bandhu' Double Benefit life insurance plan. Offers life cover with a double-benefit feature at maturity and on death.

परिपक्वता अनुमान

Rs
Rs 1.00 lakhRs 2.00 crore
वर्ष

अनुमानित परिपक्वता रकम

Declared bonus

Rate by policy term

Declared FY 2081/82

Policy termRate / 1,000Prev. year
0-9Rs 60Rs 60
10-14Rs 60Rs 60
15-19Rs 60Rs 60
20-24Rs 60Rs 60
25-29Rs 60Rs 60
30+Rs 60Rs 60

Recent years

FY 2081/82
Rs 60/ 1,000
FY 2080/81
Rs 60/ 1,000
FY 2079/80
Rs 65/ 1,000
FY 2078/79
Rs 65/ 1,000
FY 2077/78
Rs 65/ 1,000

Source: राष्ट्रिय जीवन बीमा कम्पनी 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

  • डबल लाभ संरचना
  • परम्परागत (participating) योजना
  • लामो अवधिको जीवन सुरक्षा र बचत

Features

  • डबल बेनेफिट: मृत्यु र परिपक्वतामा लाभ
  • परम्परागत लाभांश (बोनस)को सम्भावना
  • दीर्घकालीन बचत र सुरक्षा संयोजन
  • तीन वर्षको प्रिमियम भुक्तानीपछि समर्पण मूल्यको ९० प्रतिशतसम्म ऋण सुविधा उपलब्ध हुन्छ।
Terms and conditions
  1. 1)The full sum vested bonus are received at the maturity date, and immediately thereafter, a lifelong life insurance benefit equal to the sum assured is provided.
  2. 2) After the death of the insured who has paid premiums for the full term, their nominee or nearest legal heir will automatically receive the lifelong life insurance claim equal to the sum assured as per regulations, without additional premium payments.
  3. 3)Loan facility up to 90% of the surrender value is available after three years of premium payments. This facility can be used multiple times as long as the policy is active, with interest rates as per company practice.

राष्ट्रिय जीवन बीमा कम्पनी’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 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.

  2. 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.

  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 endowment plans — confirm the exact terms in the brochure.

Optional riders

Accidental death (ADB)PTD / PWBCritical illness (CI)
  • दुर्घटना मृत्यु लाभ (ADB)

    Further accidental death benefit can be obtained by paying an additional premium.

  • Accidental Death Benefit (ADB)

    Additional accidental death benefit can be obtained by paying an additional premium.

Loan & liquidity

Policy loan
Available
Surrender allowed
After 3 years
Loan facility
Up to 90% of surrender value

Premium

Quote on request

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