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.
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