Sun Life Endowment Golden Plan
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. Sun Life Endowment Golden Plan is an endowment life insurance product that offers an enhanced sum assured at maturity. Death benefit is 150% of basic sum assured plus bonuses. At maturity the policyholder receives basic sum assured + enhanced sum assured (term-based 25%–40%) + bonuses.
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 15-19 | Rs 36 | — |
| 20-24 | Rs 55 | — |
Recent years
- FY 2081/82
- Rs 36–55/ 1,000
- FY 2080/81
- Rs 30–52/ 1,000
- FY 2079/80
- Rs 30–75/ 1,000
- FY 2078/79
- Rs 30–50/ 1,000
Source: Sun 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
—
What's included
Key highlights
- Enhanced maturity sum assured 25–40%
- Death benefit 150% of Basic Sum Assured+ bonuses
- Multiple riders available
Features
- Death benefit: 150% of Basic Sum Assured + bonuses
- Maturity benefit: Basic Sum Assured + Enhanced Sum Assured + bonuses
- Enhanced SA: 10–14 yrs), (15–19 yrs), (20 yrs)
- Riders available: Sun Medicare, ADB/PTD/PWB, Critical Illness, Funeral Expense
- Minimum Sum Assured: NPR 200,000
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.
If death is caused by an accident
With the accidental death rider, an additional amount is paid on top of the sum assured. The rider is optional and carries its own premium.
Typical for endowment plans — confirm the exact terms in the brochure.
Optional riders
Questions about this plan
What kind of plan is Sun Life Endowment Golden Plan?
Sun Life Endowment Golden Plan from Sun Nepal 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 Sun Life Endowment Golden Plan?
The entry age for Sun Life Endowment Golden Plan is 18 – 55 years.
How long does Sun Life Endowment Golden Plan run?
The policy term for Sun Life Endowment Golden Plan is 10–20 years.
What bonus rate does Sun Life Endowment Golden Plan earn?
For FY 2081/82, Sun Nepal Life Insurance declared Rs 25–80 / 1,000 of sum assured on Sun Life Endowment Golden Plan. Bonus rates are set each year and are not guaranteed.
Which riders can be added to Sun Life Endowment Golden Plan?
Sun Life Endowment Golden 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