SuryaJyoti Life Insurance Announces New Bonus Rates
Kathmandu – SuryaJyoti Life Insurance Company Limited has unveiled a new bonus rate for the fiscal year 080/081, as per the insurance valuation report approved by the Nepal Insurance Authority. The revised bonus rates apply to various life insurance plans, ensuring that policyholders benefit from the company’s continued growth and stability.
The new bonus structure includes a minimum bonus ranging from Rs. 40 to Rs. 75 for term life insurance plans. Additionally, the company will provide a minimum bonus of Rs. 42 to Rs. 60 for advance payment life insurance plans and Rs. 45 to Rs. 90 for Chaurasi Puja life insurance plans.
SuryaJyoti Life Insurance has made a significant strides in the insurance sector, particularly with its pioneering achievements. It is the first life insurance company to adopt the Risk Based Capital (RBC) Valuation in line with the Nepal Insurance Authority’s guidelines. The company has also earned ISO 9001-2015 certification, becoming the only life insurance provider in Nepal to achieve this prestigious recognition.