Sunlife Endowment Assurance Life Insurance
About this plan
The SunLife Endowment Assurance plan combines disciplined savings with life insurance protection. It provides a guaranteed lump-sum at maturity if the life survives the policy term, and the full Sum Assured plus declared bonuses to beneficiaries in case of death during the policy period. Optional riders can be added for extra protection.
What's included
Key highlights
- Guaranteed maturity benefit
- Death benefit = Sum Assured + declared bonuses
- Entry age: 18–65 years
Features
- Guaranteed lump-sum at maturity
- Full Sum Assured plus declared bonuses on death
- Combination of disciplined savings and life protection
- Optional riders: ADB, Premium Waiver, Critical Illness, Sun Medicare, Funeral Expenses
Eligibility & term
- Entry age
- 18 – 65 years
- Policy term
- 5 – 52 years
- Sum assured
- From Rs 25,000
- Premium modes
- Monthly, Quarterly, Half-yearly, Yearly
Benefits payout
- Death benefit
- Sum Assured + declared bonuses
- Maturity benefit
- Lump sum at maturity (Sum Assured + declared 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 |
| 30 and above | Rs. 70 |
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
Accidental Death Benefit (ADB)
Optional rider providing additional benefit on accidental death
Permanent Total Disability (PTD) / Premium Waiver Benefit (PWB)
Optional rider to waive future premiums on total permanent disability
Sun Medicare
Emergency medical rider offering fixed payouts for hospitalisation days
Critical Illness
Optional critical illness rider providing lump sum on diagnosis of covered conditions
Funeral Expenses
Optional small lump-sum benefit to cover funeral expenses
Still have a question?
Send it to an advisor and read the reply in your dashboard.
Other plans from Sun Nepal Life Insurance
Premium
Quote on request