Citizen Jeevan Saarathi Yojana
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. Long-term protection plan providing life cover up to age 90 with periodic money-back payments at ages 70,75,80,85 and 90. Sum assured plus bonuses are payable at end of premium payment term. A plan that has three features of endowment, whole-life and moneyback
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 0-9 | Rs 38 | Rs 38 |
| 10-14 | Rs 39 | Rs 39 |
| 15-19 | Rs 41 | Rs 41 |
| 20-24 | Rs 43 | Rs 43 |
| 25-29 | Rs 65 | Rs 65 |
| 30 and above | Rs 80 | Rs 80 |
Recent years
- FY 2081/82
- Rs 38–80/ 1,000
- FY 2080/81
- Rs 38–80/ 1,000
- FY 2079/80
- Rs 37–77/ 1,000
- FY 2078/79
- Rs 37–75/ 1,000
Source: Citizen 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
Estimated value at maturity
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What's included
Key highlights
- Maturity up to 90 years
- Money-back in 5 installments (20% each at 70/75/80/85/90)
- Premium mode discounts available
Features
- Life cover up to age 90
- 20% money-back at ages 70, 75, 80, 85 and 90
- Death benefit during PPT: Sum Assured + Bonus
- Riders available: Accidental Death Benefit, Permanent Total Disability, Premium Waiver Benefit
- Policy loan after 3 years; loan up to 90% of surrender value
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. Instalments already paid out along the way are not deducted from this amount.
Typical for money-back plans — confirm the exact terms in the brochure.
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.
If the policy runs to maturity
You receive the balance of the sum assured plus the bonus built up to that date — the part not already paid as instalments.
Typical for money-back 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 money-back plans — confirm the exact terms in the brochure.
Optional riders
Questions about this plan
What kind of plan is Citizen Jeevan Saarathi Yojana?
Citizen Jeevan Saarathi Yojana from Citizen 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 Citizen Jeevan Saarathi Yojana?
The entry age for Citizen Jeevan Saarathi Yojana is 18 – 60 years.
How long does Citizen Jeevan Saarathi Yojana run?
The policy term for Citizen Jeevan Saarathi Yojana is 30-72.
What bonus rate does Citizen Jeevan Saarathi Yojana earn?
For FY 2081/82, Citizen Life Insurance declared Rs 25–80 / 1,000 of sum assured on Citizen Jeevan Saarathi Yojana. Bonus rates are set each year and are not guaranteed.
Which riders can be added to Citizen Jeevan Saarathi Yojana?
Citizen Jeevan Saarathi Yojana can be taken with the following optional riders: Accidental death (ADB), PTD / PWB. Each rider carries its own premium.
Premium
Quote on request