Jeevan Bandhu (Double Benefit) Life Insurance Plan
by Rastriya Jeevan Beema Company
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. Rastriya Jeevan Beema's 'Jeevan Bandhu' Double Benefit life insurance plan. Offers life cover with a double-benefit feature at maturity and on death.
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 5-52 | Rs 60 | — |
Recent years
- FY 2081/82
- Rs 60/ 1,000
- FY 2080/81
- Rs 60/ 1,000
- FY 2079/80
- Rs 65/ 1,000
- FY 2078/79
- Rs 65/ 1,000
- FY 2077/78
- Rs 65/ 1,000
Source: Rastriya Jeevan Beema Company 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
- Double-benefit structure
- Participating traditional plan
- Long-term life protection plus savings
Features
- Double benefit on death and maturity
- Participating/profit plan with potential bonuses
- Long-term savings combined with life protection
- Loan facility up to 90% of the surrender value is available after three years of premium payments.
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 Bandhu (Double Benefit) Life Insurance Plan?
Jeevan Bandhu (Double Benefit) Life Insurance Plan from Rastriya Jeevan Beema Company 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 Bandhu (Double Benefit) Life Insurance Plan?
The entry age for Jeevan Bandhu (Double Benefit) Life Insurance Plan is 18 – 52 years.
How long does Jeevan Bandhu (Double Benefit) Life Insurance Plan run?
The policy term for Jeevan Bandhu (Double Benefit) Life Insurance Plan is 5-52 yrs.
What bonus rate does Jeevan Bandhu (Double Benefit) Life Insurance Plan earn?
For FY 2081/82, Rastriya Jeevan Beema Company declared Rs 60 / 1,000 of sum assured on Jeevan Bandhu (Double Benefit) Life Insurance Plan. Bonus rates are set each year and are not guaranteed.
Premium
Quote on request