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. Jeevan Utsav — a participating endowment plan with reversionary bonuses and a Final Additional Bonus (for policy terms of 16 years and above).
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 10-15 | Rs 50 | Rs 50 |
| 16-24 | Rs 52 | Rs 52 |
| 25-35 | Rs 53 | Rs 53 |
Recent years
- FY 2081/82
- Rs 50–53/ 1,000
- FY 2080/81
- Rs 50–53/ 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
- Participating endowment plan
- Final Additional Bonus after 16 years
- Double sum assured on death
Features
- Participating endowment policy with reversionary bonus
- Final Additional Bonus for policies in-force 16+ years
- Death benefit: Double basic sum assured + vested bonuses + FAB (Final Additional Bonus)
- Maturity benefit: Basic sum assured + vested bonuses + FAB (Final Additional Bonus)
- Entry age 18–55 years
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 Utsav?
Jeevan Utsav 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 Utsav?
The entry age for Jeevan Utsav is 18 – 55 years.
How long does Jeevan Utsav run?
The policy term for Jeevan Utsav is 10 – 35 years.
How much cover can I take on Jeevan Utsav?
The sum assured available on Jeevan Utsav is From Rs 50,000.
What bonus rate does Jeevan Utsav earn?
For FY 2081/82, LIC Nepal declared Rs 41–65 / 1,000 of sum assured on Jeevan Utsav. Bonus rates are set each year and are not guaranteed.
Premium
Quote on request