SuryaJyoti Sammunati Limited Payment Endowment 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. Limited payment endowment plan where premiums are paid for a limited period. On maturity or on unfortunate death, the sum assured plus bonus is paid as a lump sum. There are 2 options under this single plan.
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
- Minimum Sum assured: NPR 50,000
- Maximum maturity age: 70 years
- Riders available: accidental, TPD, critical illness
Features
- Limited premium paying term
- Lump-sum payment of sum assured plus bonus on maturity or death
- Option 2 pays an additional benefit equal to sum assured at maturity
- Multiple policy term and premium-paying term options
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 Sammunati Limited Payment Endowment Plan?
SuryaJyoti Sammunati Limited Payment 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 Sammunati Limited Payment Endowment Plan?
The entry age for SuryaJyoti Sammunati Limited Payment Endowment Plan is 18 – 65 years.
How long does SuryaJyoti Sammunati Limited Payment Endowment Plan run?
The policy term for SuryaJyoti Sammunati Limited Payment Endowment Plan is Policy terms: 10, 15, 20, 25 years.
What bonus rate does SuryaJyoti Sammunati Limited Payment Endowment Plan earn?
For FY 2081/82, SuryaJyoti Life Insurance declared Rs 20–90 / 1,000 of sum assured on SuryaJyoti Sammunati Limited Payment Endowment Plan. Bonus rates are set each year and are not guaranteed.
Which riders can be added to SuryaJyoti Sammunati Limited Payment Endowment Plan?
SuryaJyoti Sammunati Limited Payment Endowment Plan can be taken with the following optional riders: Critical illness (CI). Each rider carries its own premium.
Premium
Quote on request