Surya Money Back Plan with 15 Years and 20 Years Bonus

The company has introduced this plan to meet the financial needs of life assured during the currency of policy wherein certain percentages of sum assured are paid to life assured at certain fixed intervals. The plans have got provisions for nomination as well. The salient features are as follows.

  • Minimum Age at Entry : 16 Years (Last Birthday)
  • Maxmium Age at Entry : 55 Years and 50 Years (Last Birthday)
  • Terms of Plans : 15 Years and 20 Years
  • Maximum Age at Maturity : 70 Years (Last Birthday)
  • Minimum Sum Assured : NRs.25,000/-
  • Sum Assured to be in the multiples of : NRs.10,000/-
  • Maximum Sum Assured : On the Basis of Income
  • Mode of Payment of Premium : Yearly/Half yearly/Quarterly
  • Riders with Additional Premium : ADB, ADB+PTD+PWB
Accidental Double Benefits

In case of death of life assured the Company shall pay the double the sum assured to the nominee of life assured, if the life assured has taken this riders along with policy plan, as per conditions, after paying premium at the rate of Re 1/-per annum per thousand.

Accidental Double Benefit (ADB), Permanent Total Disability (PTD) and Premium Waiver Benefit (PWB):

This rider is available after paying additional premium of Rs. 2/- per thousand per year in which the benefit of total disability and premium waiver after accident, if permanent disability has set in are given. If the life assured dies out of accident, then double the sum assured is paid to nominee.

The conditions are as follows:
  • Maximum sum assured for both of these riders is NRs. 400,000/- or basic sum assured which ever is lower.
  • Maximum age of life assured, under both these riders, up to which benefits of riders are available is age              60 (last birthday).
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