SuryaJyoti Sammunati Limited Payment Endowment Plan
by सूर्यज्योति लाइफ इन्स्योरेन्स
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. Limited payment endowment plan where premiums are paid for a limited period. On maturity or on unfortunate death, the sum assured plus bonus is paid as a lump sum. There are 2 options under this single plan.
परिपक्वता अनुमान
अनुमानित परिपक्वता रकम
—
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: 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
- न्यूनतम बीमित रकम रु. 50,000
- परिपक्वता उमेर 70 वर्ष
- राइडरमा उपलब्ध : दुर्घटना, TPD, गम्भीर रोग
Features
- सीमित प्रीमियम भुक्तानी अवधि
- परिपक्वता वा मृत्युमा बीमित रकम तथा बोनसको एकमुश्त भुक्तानी
- वैकल्पिक Option 2 मा परिपक्वतामा थप बीमाङ्क बराबर लाभ
- बहु पोलिसी अवधि र प्रिमियम भुक्तानी अवधि विकल्पहरू
Terms and conditions
- Option 1
- If insured is alive at the maturity of the policy basic sum assured plus bonus is paid
- If insured dies during the policy term, sum assured plus bonus is paid. However in the case of a minor 25% sum assured is payable to proposer and 75% sum assured plus bonus is paid at policy maturity
- Option 2
- If insured is alive at the maturity of the policy basic sum assured plus bonus is paid
- If insured dies during the policy term, sum assured plus bonus is paid. Also at the maturity, additional benefit of sum assured is paid. However in the case of a minor 25% sum assured is payable to proposer and 75% sum assured plus bonus is paid at policy maturity
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
Premium
Quote on request