SuryaJyoti Group Endowment (SuryaJyoti Samuhik Sawadhik 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. Group endowment (saving) life policy issued under a master policy to an organisation. Pays sum assured plus bonus on maturity or on death prior to maturity.
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 0-9 | Rs 40 | Rs 40 |
| 10-14 | Rs 41 | Rs 41 |
| 15-19 | Rs 45 | Rs 45 |
| 20-24 | Rs 54 | Rs 54 |
| 25-29 | Rs 60 | Rs 60 |
| 30 and above | Rs 70 | Rs 70 |
Recent years
- FY 2081/82
- Rs 40–70/ 1,000
- FY 2080/81
- Rs 40–70/ 1,000
- FY 2079/80
- Rs 40–70/ 1,000
Source: SuryaJyoti 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
- Available under a master group policy
- Sum assured starting at NPR 50,000
- Optional accidental/TPD/premium waiver and critical illness riders
Features
- Minimum group size: 10 members
- Minimum sum assured: NPR 50,000
- Policy term: 5 to 44 years
- Entry age: 18–55 years
- Maximum maturity age: 60 years
- Premium mode: Yearly
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
Questions about this plan
What kind of plan is SuryaJyoti Group Endowment (SuryaJyoti Samuhik Sawadhik Jeevan Beema)?
SuryaJyoti Group Endowment (SuryaJyoti Samuhik Sawadhik Jeevan Beema) from SuryaJyoti 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 SuryaJyoti Group Endowment (SuryaJyoti Samuhik Sawadhik Jeevan Beema)?
The entry age for SuryaJyoti Group Endowment (SuryaJyoti Samuhik Sawadhik Jeevan Beema) is 18 – 55 years.
How long does SuryaJyoti Group Endowment (SuryaJyoti Samuhik Sawadhik Jeevan Beema) run?
The policy term for SuryaJyoti Group Endowment (SuryaJyoti Samuhik Sawadhik Jeevan Beema) is 5 years to 44 years.
What bonus rate does SuryaJyoti Group Endowment (SuryaJyoti Samuhik Sawadhik Jeevan Beema) earn?
For FY 2081/82, SuryaJyoti Life Insurance declared Rs 20–90 / 1,000 of sum assured on SuryaJyoti Group Endowment (SuryaJyoti Samuhik Sawadhik Jeevan Beema). Bonus rates are set each year and are not guaranteed.
Which riders can be added to SuryaJyoti Group Endowment (SuryaJyoti Samuhik Sawadhik Jeevan Beema)?
SuryaJyoti Group Endowment (SuryaJyoti Samuhik Sawadhik Jeevan Beema) can be taken with the following optional riders: PTD / PWB, Critical illness (CI). Each rider carries its own premium.
Premium
Quote on request