SuryaJyoti Dhan Laav Jeevan Beema (Money Back Plan)

by SuryaJyoti Life Insurance

Money-backParticipatingCode 2
6.2% market share100.0% claims settledEst. 2022

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. SuryaJyoti Dhan Laav Jeevan Beema is a money-back life insurance plan offering long-term savings with periodic payouts of a fixed percentage of the sum assured during the policy term.

Declared bonus

Rate by policy term

Declared FY 2081/82

Policy termRate / 1,000Prev. year
0-9Rs 0Rs 0
10-14Rs 43Rs 43
15-19Rs 45Rs 45
20-24Rs 50Rs 50
25-29Rs 0Rs 0
30 and aboveRs 0Rs 0

Recent years

FY 2081/82
Rs 0–50/ 1,000
FY 2080/81
Rs 0–50/ 1,000
FY 2079/80
Rs 0–50/ 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

Rs
Rs 1.00 lakhRs 2.00 crore
years

Estimated value at maturity

What's included

Key highlights

  • Periodic money-back payouts
  • Flexible terms: 12/15/20 years
  • Entry age from 18 years

Features

  • Minimum Sum Assured NPR 50,000
  • Policy terms: 12 / 15 / 20 years
  • Premium paying term equals policy term
  • Entry age from 18; maximum entry age varies by term (58 for 12 yrs, 55 for 15 yrs, 50 for 20 yrs)
  • Periodic money-back payouts during policy term (specified years)
  • Death benefit pays sum assured plus bonus

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.

  1. If the insured passes away during the term

    The nominee receives the sum assured plus the bonus built up to that date. Instalments already paid out along the way are not deducted from this amount.

    Typical for money-back plans — confirm the exact terms in the brochure.

  2. 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.

  3. If the policy runs to maturity

    You receive the balance of the sum assured plus the bonus built up to that date — the part not already paid as instalments.

    Typical for money-back plans — confirm the exact terms in the brochure.

Optional riders

Accidental death (ADB)PTD / PWBCritical illness (CI)

No optional riders are attached to this plan.

Questions about this plan

What kind of plan is SuryaJyoti Dhan Laav Jeevan Beema (Money Back Plan)?

SuryaJyoti Dhan Laav Jeevan Beema (Money Back Plan) from SuryaJyoti 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 SuryaJyoti Dhan Laav Jeevan Beema (Money Back Plan)?

The entry age for SuryaJyoti Dhan Laav Jeevan Beema (Money Back Plan) is 18 – 58 years.

How long does SuryaJyoti Dhan Laav Jeevan Beema (Money Back Plan) run?

The policy term for SuryaJyoti Dhan Laav Jeevan Beema (Money Back Plan) is 12/15/20 years.

What bonus rate does SuryaJyoti Dhan Laav Jeevan Beema (Money Back Plan) earn?

For FY 2081/82, SuryaJyoti Life Insurance declared Rs 20–90 / 1,000 of sum assured on SuryaJyoti Dhan Laav Jeevan Beema (Money Back Plan). Bonus rates are set each year and are not guaranteed.

Premium

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