Surya Susanrakshit (Endowment) Plan

To protect the financial burden from possible and contengency risk turbulent, Surya Life Insurance Co. Ltd. warmly presents "Surya Susanrakshit Life Insurance Plan" including super saving, tax saving benefit, and risk bearing features.

The salient features of the plan are as follows:

  • Minimum Age at Entry: 15 Years (Nearest Birthday)
  • Maximum Age at Entry: 60 Years (Nearest Birthday)
  • Minimum Premium Paying Term: 05 Years
  • Maximum Premium Paying Term: 55 Years
  • Maximum Age at Maturity: 70 Years (Nearest Birthday)
  • Minimum Sum Assured: NRs.25,000/-
  • Maximum Sum Assured: On the basis of income statement
  • Mode of Premium Payment: Yearly,Half-Yearly,Quarterly,Monthly
  • Riders with Additional Premium: ADB, ADB+PTD+PWB
Discount on the basis of Sum Assured
 
Sum Assured Discount Rs. (Per 1000)
Rs. 50000 N/A
Rs. 50001 to 100000 Rs. 1
Rs.100001 or Above Rs. 2

Basis of Payment Mode

Mode of Payment Discount (%)
Yearly 2
Half-Yearly 1
Quaterly 0
Monthly Additional 5 %


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 Rs 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. 50,00,000/- or basic sum assured which ever is lower.

Critical Illness Benefit (18 Diseases)  :  This rider is available after paying additional premium.

18 Diseases :-

1. Cancer of Specified Severity.   
2. Kidney failure requiring Regular dialysis. 
3. Multiple Sclerosis with persisting symptoms.
4. Major organ/Bone Marrow transplants(as recipient).
5. Open Heart Replacement or Repair of Heart valves.
6. Open chest CABG ( Coronary Artery by-pass graft ).
7. Permanent paralysis of Limbs.
8. Myocardial infarction ( First Heart Attack of specific Severity).
9. Stroke Resulting in Permanent Symptoms.
10. Benign Brain Tumor.
11. Alzheimer's Disease.
12. Coma of specified severity.
13. End Stage Liver failure.
14. Parkinson's disease.
15. Aorta Graft surgery.
16. Third degree burns.
17. Deafness.
18. Loss of speech.

The conditions are as follows:
  • Maximum sum assured for this riders is NRs. 50,00,000/- or basic sum assured which ever is lower.
  • Maximum age of life assured, under this rider, up to which benefits of rider are available is age 60 (last birthday).

First Policy Issue Date :  17.08.2018
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