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. One policy covers both partners, instead of buying two separate ones. A joint life savings and insurance plan providing cover to both the policyholder and spouse. Offers higher risk cover on death/accident and a free partial cover for the spouse.
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 5-9 | Rs 50 | Rs 50 |
| 10-14 | Rs 51 | Rs 51 |
| 15-25 | Rs 52 | Rs 52 |
Recent years
- FY 2081/82
- Rs 50–52/ 1,000
- FY 2080/81
- Rs 50–52/ 1,000
- FY 2079/80
- Rs 51–61/ 1,000
- FY 2078/79
- Rs 51–61/ 1,000
- FY 2077/78
- Rs 50–64/ 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
- Minimum SA: NPR 200,000
- Policy term: 15 years
- 250% sum assured on accidental death
Features
- Free insurance cover for spouse up to 50% of sum assured
- Designed to offer high bonus (participating/profit plan)
- Cheaper alternative compared to standard endowment
- 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 either partner passes away during the term
The nominee receives the sum assured plus the bonus built up to that date on the first death. Whether cover continues for the surviving partner depends on the plan's terms.
Typical for couple 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 couple 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 couple plans — confirm the exact terms in the brochure.
Optional riders
Questions about this plan
What kind of plan is Jeevan Saathi?
Jeevan Saathi from LIC Nepal is a couple plan that covers both spouses under one policy, usually for less than two separate policies would cost.
Who can buy Jeevan Saathi?
The entry age for Jeevan Saathi is 18 – 60 years.
How long does Jeevan Saathi run?
The policy term for Jeevan Saathi is 15 – 15 years.
How much cover can I take on Jeevan Saathi?
The sum assured available on Jeevan Saathi is From Rs 2,00,000.
What bonus rate does Jeevan Saathi earn?
For FY 2081/82, LIC Nepal declared Rs 41–65 / 1,000 of sum assured on Jeevan Saathi. Bonus rates are set each year and are not guaranteed.
Which riders can be added to Jeevan Saathi?
Jeevan Saathi can be taken with the following optional riders: Accidental death (ADB). Each rider carries its own premium.
Premium
Quote on request