Golden Child Endowment Assurance Policy
About this plan
The Golden Child Endowment Assurance Policy is a specially designed life insurance plan by Sun Nepal Life Insurance that helps parents build a secure financial future for their children. Combining long-term savings and life protection, this policy ensures that your child’s life goals whether education, marriage, or career are financially supported, even in your absence.
What's included
Key highlights
- Multiple benefits on death of both proposer and child
- Death+Maturity benefits
- Optional riders to enhance protection
Features
- Minimum Sum Assured : 200,000
- Minimum Age at Entry : 31 days for child and 18 years for proposer
- Maximum Age at Entry : 17 years for child and 55 years for proposer
- Maximum Age at Maturity : 25 years for child, 65 years for proposer
Eligibility & term
- Entry age
- 18 – 55 years
- Policy term
- 10 – 20 years
- Sum assured
- From Rs 2,00,000
- Premium modes
- Yearly, Half-yearly, Quarterly, Monthly
Benefits payout
- Death benefit
- 150% of Basic Sum Assured plus bonuses
- Maturity benefit
- Basic Sum Assured + Enhanced Sum Assured at Maturity + bonuses
Declared bonus
Term-wise Breakdown
FY 2081/82
| Tenure (Years) | Rate (per '000) |
|---|---|
| 0-14 | Rs. 33 |
| 15-19 | Rs. 36 |
| 20-24 | Rs. 55 |
| 25-29 | Rs. 60 |
Reversionary bonus rates declared for the latest fiscal year based on policy term. Rates are revised annually and are not guaranteed for future years.
Optional riders
Sun Medicare
Emergency medical fixed-payout rider
ADB/PTD/PWB
Accidental Death Benefit / Permanent Total Disability / Premium Waiver benefits
Critical Illness
Lump sum on diagnosis of specified critical illnesses
Funeral Expense
Lump sum funeral expense benefit
Loan & liquidity
- Policy loan
- Available
- Surrender allowed
- After 3 years
- Paid-up value
- Yes
- Partial withdrawal
- No
What's not covered
- Suicide within waiting period
- War and civil commotion
- Pre-existing conditions (unless disclosed and accepted)
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Premium
Quote on request