SuryaJyoti Suraksha Kawaj Myadi Jeevan Beema
This is pure cover: it pays your family if something happens during the term, and there is no amount paid back at the end. A term life insurance plan designed to provide maximum risk coverage with minimal premium. On insured's death during policy term, sum assured plus funeral expense is paid.
What's included
Key highlights
- Term life cover
- Minimum Sum assured NPR 10,000
- ADB rider at NPR 1/1000
Features
- Minimum sum assured starts at NPR 10,000
- Full sum assured payable on death during policy term
- Funeral expense: 20% of Sum assured or NPR 50,000 (whichever is lower)
- Optional Accidental Death Benefit at NPR 1 per 1000
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 full sum assured. There is no savings element, so nothing else accrues.
Typical for term plans — confirm the exact terms in the brochure.
If the policy runs to maturity
There is no maturity payout. The premium buys cover for the term, not savings.
Typical for term plans — confirm the exact terms in the brochure.
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 term plans — confirm the exact terms in the brochure.
Optional riders
Questions about this plan
What kind of plan is SuryaJyoti Suraksha Kawaj Myadi Jeevan Beema?
SuryaJyoti Suraksha Kawaj Myadi Jeevan Beema from SuryaJyoti Life Insurance is a term plan that is pure life cover for a fixed period, with no savings element, and suits people protecting family income or a loan.
Who can buy SuryaJyoti Suraksha Kawaj Myadi Jeevan Beema?
The entry age for SuryaJyoti Suraksha Kawaj Myadi Jeevan Beema is 18 – 65 years.
How long does SuryaJyoti Suraksha Kawaj Myadi Jeevan Beema run?
The policy term for SuryaJyoti Suraksha Kawaj Myadi Jeevan Beema is 1 year to 30 years.
Which riders can be added to SuryaJyoti Suraksha Kawaj Myadi Jeevan Beema?
SuryaJyoti Suraksha Kawaj Myadi Jeevan Beema can be taken with the following optional riders: Accidental death (ADB). Each rider carries its own premium.
Premium
Quote on request