Sunishchit Pratiphal Plan
by Sanima Reliance Life Insurance
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. A limited-premium endowment plan providing guaranteed maturity benefits at policy end along with death and optional rider covers for accidental death, disability and critical illness.
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 0-9 | Rs 30 | Rs 30 |
| 10-14 | Rs 32 | Rs 30 |
| 15-19 | Rs 35 | Rs 30 |
| 20-24 | Rs 45 | Rs 30 |
| 25 and above | Rs 75 | Rs 30 |
Recent years
- FY 2081/82
- Rs 30–75/ 1,000
- FY 2080/81
- Rs 30/ 1,000
- FY 2079/80
- Rs 30–75/ 1,000
- FY 2078/79
- Rs 45–60/ 1,000
- FY 2077/78
- Rs 35–70/ 1,000
Source: Sanima Reliance 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
- Entry age 18 years
- Policy term: 16 or 20 years
- Limited premium payment: 5 or 7 years
Features
- Minimum annual premium NPR 25,000
- Guaranteed maturity multipliers (16 yrs = 2x, 20 yrs = 2.5x)
- Limited premium paying term (5 or 7 years)
- Optional riders availiable
- Death benefit based on premium selected and death benefit rate
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
This plan states: Calculated based on premium selected and applicable death benefit rate
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.
If death is caused by an accident
This plan states: Sum assured or 10,000,000 NPR whichever is lower
Optional riders
Accidental Death Benefit (ADB)
Additional amount equal to sum assured or 10,000,000 NPR whichever is lower
Permanent Total Disability (PTD)
Sum assured or 10,000,000 NPR payable in 120 monthly installments; premiums waived if due to accident
Premium Waiver Benefit (PWB)
Future premiums waived on PTD due to accident
Critical Illness (CI)
On diagnosis of specified critical illness, additional amount equal to sum assured or 5,000,000 NPR whichever is lower
Loan & liquidity
- Paid-up value
- Yes
- Partial withdrawal
- No
Questions about this plan
What kind of plan is Sunishchit Pratiphal Plan?
Sunishchit Pratiphal Plan from Sanima Reliance Life Insurance 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 Sunishchit Pratiphal Plan?
The entry age for Sunishchit Pratiphal Plan is 18 – 44 years.
How long does Sunishchit Pratiphal Plan run?
The policy term for Sunishchit Pratiphal Plan is 16 years & 20 years.
What bonus rate does Sunishchit Pratiphal Plan earn?
For FY 2081/82, Sanima Reliance Life Insurance declared Rs 19–75 / 1,000 of sum assured on Sunishchit Pratiphal Plan. Bonus rates are set each year and are not guaranteed.
What is paid if the insured passes away during the term?
Calculated based on premium selected and applicable death benefit rate
Which riders can be added to Sunishchit Pratiphal Plan?
Sunishchit Pratiphal Plan can be taken with the following optional riders: Accidental death (ADB), PTD / PWB, Critical illness (CI). Each rider carries its own premium.
Premium
Quote on request