Jeevan Bachat (Single Premium Plan)
by LIC Nepal
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. A non-linked, with-profits (participating), single premium endowment plan offering a combination of protection and savings.
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 5-9 | Rs 41 | Rs 41 |
| 10-14 | Rs 47 | Rs 49 |
| 15-20 | Rs 52 | Rs 53 |
| 21-25 | Rs 55 | Rs 57 |
| 25 and above | Rs 60 | Rs 63 |
Recent years
- FY 2081/82
- Rs 41–60/ 1,000
- FY 2080/81
- Rs 41–63/ 1,000
- FY 2079/80
- Rs 41–61/ 1,000
- FY 2078/79
- Rs 41–61/ 1,000
- FY 2077/78
- Rs 41–63/ 1,000
Source: LIC Nepal 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
- Single premium endowment plan
- Minimum Sum Assured NPR 25,000
- Entry age 18–65 years
- Policy term 5–25 years
Features
- Death benefit: Sum Assured + accrued reversionary bonus
- Maturity benefit: Sum Assured + accrued reversionary bonus
- Participates in simple reversionary bonuses (declared annually)
- Surrender value available after 1 year; 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, 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.
Optional riders
No optional riders are attached to this plan.
Questions about this plan
What kind of plan is Jeevan Bachat (Single Premium Plan)?
Jeevan Bachat (Single Premium Plan) from LIC Nepal is an endowment plan that pairs savings with life cover for a single adult, and suits people who want a guaranteed amount on a fixed future date.
Who can buy Jeevan Bachat (Single Premium Plan)?
The entry age for Jeevan Bachat (Single Premium Plan) is 18 – 65 years.
How long does Jeevan Bachat (Single Premium Plan) run?
The policy term for Jeevan Bachat (Single Premium Plan) is 5 – 25 years.
How much cover can I take on Jeevan Bachat (Single Premium Plan)?
The sum assured available on Jeevan Bachat (Single Premium Plan) is From Rs 25,000.
What bonus rate does Jeevan Bachat (Single Premium Plan) earn?
For FY 2081/82, LIC Nepal declared Rs 41–65 / 1,000 of sum assured on Jeevan Bachat (Single Premium Plan). Bonus rates are set each year and are not guaranteed.
Premium
Quote on request