SuryaJyoti Sawadhik Endowment Plan

by SuryaJyoti Life Insurance

EndowmentParticipating
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. SuryaJyoti Sawadhik Endowment Plan is a traditional saving-cum-protection plan where low fixed premiums are payable for a chosen term. On death or maturity the basic sum assured with declared bonus is paid. Optional riders are available.

Declared bonus

Rate by policy term

Declared FY 2081/82

Policy termRate / 1,000Prev. year
0-9Rs 40Rs 40
10-14Rs 41Rs 41
15-19Rs 45Rs 45
20-24Rs 54Rs 54
25-29Rs 60Rs 60
30 and aboveRs 70Rs 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

Rs
Rs 1.00 lakhRs 2.00 crore
years

Estimated value at maturity

What's included

Key highlights

  • Min SA NPR 25,000
  • Participating plan (bonuses applicable)
  • ADB / TPD / PWB riders available

Features

  • Minimum Sum Assured: NPR 25,000
  • Maximum maturity age: 70 years
  • Premium modes: Yearly, Half-yearly, Quarterly
  • Death or maturity benefit: Basic Sum Assured + 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, and the policy ends.

    Typical for endowment plans — confirm the exact terms in the brochure.

  2. 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.

  3. 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

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

Questions about this plan

What kind of plan is SuryaJyoti Sawadhik Endowment Plan?

SuryaJyoti Sawadhik Endowment Plan 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 Sawadhik Endowment Plan?

The entry age for SuryaJyoti Sawadhik Endowment Plan is 18 – 60 years.

How long does SuryaJyoti Sawadhik Endowment Plan run?

The policy term for SuryaJyoti Sawadhik Endowment Plan is 5 - 52 years.

What bonus rate does SuryaJyoti Sawadhik Endowment Plan earn?

For FY 2081/82, SuryaJyoti Life Insurance declared Rs 20–90 / 1,000 of sum assured on SuryaJyoti Sawadhik Endowment Plan. Bonus rates are set each year and are not guaranteed.

Which riders can be added to SuryaJyoti Sawadhik Endowment Plan?

SuryaJyoti Sawadhik Endowment Plan can be taken with the following optional riders: Accidental death (ADB), PTD / PWB. Each rider carries its own premium.

Premium

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