Sukhi Jeevan Plus Whole Life Endowment

by Asian Life Insurance

Money-backParticipatingCode 32
5.2% market share100.0% claims settledEst. 2008

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. You also receive part of the cover amount at set points during the term, not only at the end. Sukhi Jeevan Plus is an endowment/whole-life insurance plan offering life cover, maturity benefit and both simple reversionary and terminal bonuses. Entry age 18–65, term 5–30 years, minimum sum assured NPR 100,000. Optional riders available.

Declared bonus

Rate by policy term

Declared FY 2081/82

Policy termRate / 1,000Prev. year
0-14Rs 42Rs 45
15-19Rs 46Rs 48
20-24Rs 48Rs 55
25 and aboveRs 60Rs 62

Recent years

FY 2081/82
Rs 42–60/ 1,000
FY 2080/81
Rs 45–62/ 1,000
FY 2079/80
Rs 45–65/ 1,000

Source: Asian Life Insurance declaration for FY 2081/82

Bonus rates are declared annually and are not guaranteed. Past rates do not guarantee future rates.

Maturity estimator

Rs
Rs 1.00 lakhRs 2.00 crore
years

Estimated value at maturity

What's included

Key highlights

  • Min sum assured NPR 100,000
  • Policy term 5–30 years
  • Optional riders: Accidental death, PTD, PWB, Asian Critical Care

Features

  • Maturity payout: Sum Assured + accrued bonuses
  • Death before maturity: Sum Assured + accrued bonuses
  • Death after maturity: Sum Assured only (no bonus)
  • If insured lives to 99, Sum Assured paid
  • Bonuses: Simple reversionary and terminal (terminal bonus after minimum 10 years inforce)

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

    This plan states: Sum Assured + accrued bonuses (if death before or at maturity)

  2. Along the way, while the policy is in force

    A set share of the sum assured is paid at fixed points during the term. The schedule on this page shows when each instalment falls due.

    Typical for money-back plans — confirm the exact terms in the brochure.

  3. If the policy runs to maturity

    This plan states: Sum Assured + accrued bonuses

  4. 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 money-back plans — confirm the exact terms in the brochure.

Optional riders

Accidental death (ADB)PTD / PWBCritical illness (CI)
  • Accidental Death Benefit

    Provides an additional benefit if death is caused by an accident.

  • Permanent Total Disability (PTD)

    Benefit payable on permanent total disability.

  • Premium Waiver Benefit (PWB)

    Waives the remaining premiums on a defined event.

  • Asian Critical Care

    Critical illness cover for the specified serious illnesses.

Loan & liquidity

Partial withdrawal
No

What's not covered

  • Death on a flight where the insured is not a ticketed passenger on a scheduled air service (unauthorised or chartered flights)
  • Incidents occurring while taking part in war or war-related operations (declared or undeclared)
  • Incidents occurring during an act that breaks the law
  • Suicide within two years of the policy commencement, revival or renewal date (whether sane or insane)

Questions about this plan

What kind of plan is Sukhi Jeevan Plus Whole Life Endowment?

Sukhi Jeevan Plus Whole Life Endowment from Asian Life Insurance is a money-back plan that releases part of the sum assured at set points during the term instead of only at the end.

Who can buy Sukhi Jeevan Plus Whole Life Endowment?

The entry age for Sukhi Jeevan Plus Whole Life Endowment is 18 – 65 years.

How long does Sukhi Jeevan Plus Whole Life Endowment run?

The policy term for Sukhi Jeevan Plus Whole Life Endowment is 5 – 30 years.

How much cover can I take on Sukhi Jeevan Plus Whole Life Endowment?

The sum assured available on Sukhi Jeevan Plus Whole Life Endowment is From Rs 1,00,000.

What bonus rate does Sukhi Jeevan Plus Whole Life Endowment earn?

For FY 2081/82, Asian Life Insurance declared Rs 42–75 / 1,000 of sum assured on Sukhi Jeevan Plus Whole Life Endowment. Bonus rates are set each year and are not guaranteed.

What is paid if the insured passes away during the term?

Sum Assured + accrued bonuses (if death before or at maturity)

What is paid when Sukhi Jeevan Plus Whole Life Endowment matures?

Sum Assured + accrued bonuses

Which riders can be added to Sukhi Jeevan Plus Whole Life Endowment?

Sukhi Jeevan Plus Whole Life Endowment can be taken with the following optional riders: Accidental death (ADB), PTD / PWB, Critical illness (CI). Each rider carries its own premium.

Premium

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