SuryaJyoti Group Endowment (SuryaJyoti Samuhik Sawadhik Jeevan Beema)

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. Group endowment (saving) life policy issued under a master policy to an organisation. Pays sum assured plus bonus on maturity or on death prior to maturity.

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 40Rs 43
10-14Rs 41Rs 45
15-19Rs 45Rs 50
20-24Rs 54Rs 55
25-29Rs 60Rs 75
30+Rs 70Rs 75

Recent years

FY 2081/82
Rs 40–70/ 1,000
FY 2080/81
Rs 43–75/ 1,000
FY 2079/80
Rs 40–70/ 1,000
FY 2077/78
Rs 40–70/ 1,000

Source: सूर्यज्योति 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

  • समूहिक मास्टर पोलिसी अन्तर्गत उपलब्ध
  • रु.५०,००० बाट सुरुवात हुने बीमा रकम
  • विकल्पगत दुर्घटना/TPD/प्रीमियम माफ र क्रिटिकल इल्यनेस राइडर

Features

  • न्यूनतम समूह आकार: १० सदस्य
  • न्यूनतम बीमित रकम: रु. ५०,०००
  • नीतिअवधि: ५ वर्ष देखि ४४ वर्ष
  • प्रवेश उमेर: १८–५५ वर्ष
  • अधिकतम परिपक्वता उमेर: ६० वर्ष
  • प्रीमियम भुक्तानी मिर्ति: वार्षिक
Terms and conditions
  1. 1. Death before maturity
  2. Sum assured plus accured bonuses will be paid
  3. 2.Survival till maturity of policy
  4. Sum assured plus bonuses will be paid

सूर्यज्योति लाइफ इन्स्योरेन्स’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)

    दुर्घटनाबाट मृत्यु भएमा थप लाभ।

  • दुर्घटनाजन्य पूर्ण स्थायी अशक्तता (TPD)

    दुर्घटनाबाट पूर्ण स्थायी अशक्तता भएमा आधारभूत बीमाङ्क १२० मासिक किस्तामा।

  • बीमाशुल्क छुट सुविधा (PWB)

    दुर्घटनाबाट पूर्ण स्थायी अशक्तता भएमा भविष्यको बीमाशुल्क छुट।

  • घातक रोग लाभ (CI)

    निर्धारित १८/३५ घातक रोगको निदान भएमा एकमुष्ट लाभ।

  • Accidental Death Benefit (ADB)

    Additional benefit on accidental death.

  • Accidental Total Permanent Disability (TPD)

    Additional benefit equal to basic sum assured payable in 120 monthly installments after accidental total permanent disability.

  • Premium Waiver Benefit (PWB)

    Future payable premiums are waived after accidental total permanent disability.

  • Critical Illness Benefit (CI)

    Lump-sum benefit on diagnosis of a defined 18/35 critical illness.

Loan & liquidity

Policy loan
Available
Surrender allowed
After 3 years

Premium

Quote on request

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