Sadabahar Jeevan Beema 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. A participating whole-life cum money-back plan. The policy pays 5% of the Basic Sum Assured annually from the 2nd year until maturity. After maturity the life risk remains covered for life and there is an option to surrender the policy for liquidity.
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 0-10 | Rs 56 | Rs 56 |
| 11-15 | Rs 56 | Rs 56 |
| 16-20 | Rs 56 | Rs 56 |
| 21-25 | Rs 56 | Rs 56 |
| 26-30 | Rs 56 | Rs 56 |
| 30 and above | Rs 56 | — |
Recent years
- FY 2081/82
- Rs 56/ 1,000
- FY 2080/81
- Rs 56/ 1,000
- FY 2079/80
- Rs 50/ 1,000
- FY 2078/79
- Rs 50/ 1,000
Source: Nepal 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
- 5% of SA paid annually as survival benefit
- Whole-life cover continues after maturity
- Minimum Sum Assured: NPR 200,000
Features
- Whole-life cum money-back participating plan
- Pays 5% of Sum Assured annually from 2nd year until maturity
- Life cover continues after maturity
- Policy loan available up to 90% of surrender value
- Surrender value is available during /after the policy term (extended life cover period).
- Single-premium death benefit special rules
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.
Optional riders
No optional riders are attached to this plan.
Questions about this plan
What kind of plan is Sadabahar Jeevan Beema Yojana?
Sadabahar Jeevan Beema Yojana from Nepal 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 Sadabahar Jeevan Beema Yojana?
The entry age for Sadabahar Jeevan Beema Yojana is 18 – 65 years.
How long does Sadabahar Jeevan Beema Yojana run?
The policy term for Sadabahar Jeevan Beema Yojana is 5 to 20 years.
What bonus rate does Sadabahar Jeevan Beema Yojana earn?
For FY 2081/82, Nepal Life Insurance declared Rs 55–85 / 1,000 of sum assured on Sadabahar Jeevan Beema Yojana. Bonus rates are set each year and are not guaranteed.
Premium
Quote on request