Joint Life Plan 'Jeevan Sathi'
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. One policy covers both partners, instead of buying two separate ones. Rastriya Jeewan Beema's Joint Life Plan 'Jeevan Sathi' — a joint life endowment-style policy offering combined life coverage and maturity benefits for two lives.
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 15-30 | 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
- Joint coverage — both lives insured
- Endowment (participating) plan
- Flexible premium payment modes
Features
- Coverage for two persons under a single joint policy
- Death benefit — sum assured payable on insured event
- Endowment-style participating plan with potential bonuses
- Flexible premium payment modes
- 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 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.
Optional riders
No optional riders are attached to this plan.
Questions about this plan
What kind of plan is Joint Life Plan 'Jeevan Sathi'?
Joint Life Plan 'Jeevan Sathi' from Rastriya Jeevan Beema Company is a couple plan that covers both spouses under one policy, usually for less than two separate policies would cost.
Who can buy Joint Life Plan 'Jeevan Sathi'?
The entry age for Joint Life Plan 'Jeevan Sathi' is 18 – 50 years.
How long does Joint Life Plan 'Jeevan Sathi' run?
The policy term for Joint Life Plan 'Jeevan Sathi' is 15-30.
What bonus rate does Joint Life Plan 'Jeevan Sathi' earn?
For FY 2081/82, Rastriya Jeevan Beema Company declared Rs 60 / 1,000 of sum assured on Joint Life Plan 'Jeevan Sathi'. Bonus rates are set each year and are not guaranteed.
Premium
Quote on request