Limited Payment Endowment (Nawa Dhana Laxmi Jeevan Beema)
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 limited premium payment endowment plan with a money-back feature. Policy terms are 10, 15 or 20 years while premiums can be paid as single (within 1 year), or over 3, 7, 12 or 16 years. The plan provides periodic survival benefits and an enhanced sum assured at maturity plus accrued bonuses.
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 0-14 | Rs 25 | — |
| 15-19 | Rs 25 | — |
Recent years
- FY 2081/82
- Rs 25/ 1,000
- FY 2080/81
- Rs 23–25/ 1,000
- FY 2079/80
- Rs 25–27/ 1,000
- FY 2078/79
- Rs 29–30/ 1,000
- FY 2077/78
- Rs 20–30/ 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
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What's included
Key highlights
- Money-back endowment
- Periodic survival payouts
- Enhanced maturity sum assured plus accrued bonus
Features
- Limited premium payment options available
- Money-back survival benefits pay percentages of Sum Assured at intermediate years
- Enhanced Sum Assured at maturity:10yrs,15 yrs, 20 yrs
- Available riders
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: Sum Assured + Accrued Bonus
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
This plan states: Enhanced Sum Assured (10% for 10yr, 15% for 15yr, 20% for 20yr) + Accrued Bonus
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 money-back plans — confirm the exact terms in the brochure.
Optional riders
Sun Medicare
Emergency medical rider providing fixed payouts for hospitalization
ADB
Accidental Death Benefit
Funeral Expenses
Lump sum benefit to cover funeral costs
Loan & liquidity
- Partial withdrawal
- No
Questions about this plan
What kind of plan is Limited Payment Endowment (Nawa Dhana Laxmi Jeevan Beema)?
Limited Payment Endowment (Nawa Dhana Laxmi Jeevan Beema) from Sun 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 Limited Payment Endowment (Nawa Dhana Laxmi Jeevan Beema)?
The entry age for Limited Payment Endowment (Nawa Dhana Laxmi Jeevan Beema) is 18 – 60 years.
How long does Limited Payment Endowment (Nawa Dhana Laxmi Jeevan Beema) run?
The policy term for Limited Payment Endowment (Nawa Dhana Laxmi Jeevan Beema) is 10, 15 or 20 years.
What bonus rate does Limited Payment Endowment (Nawa Dhana Laxmi Jeevan Beema) earn?
For FY 2081/82, Sun Nepal Life Insurance declared Rs 25–80 / 1,000 of sum assured on Limited Payment Endowment (Nawa Dhana Laxmi Jeevan Beema). Bonus rates are set each year and are not guaranteed.
What is paid if the insured passes away during the term?
Sum Assured + Accrued Bonus
What is paid when Limited Payment Endowment (Nawa Dhana Laxmi Jeevan Beema) matures?
Enhanced Sum Assured (10% for 10yr, 15% for 15yr, 20% for 20yr) + Accrued Bonus
Which riders can be added to Limited Payment Endowment (Nawa Dhana Laxmi Jeevan Beema)?
Limited Payment Endowment (Nawa Dhana Laxmi Jeevan Beema) can be taken with the following optional riders: Accidental death (ADB). Each rider carries its own premium.
Premium
Quote on request