Sun Nepal Life Announces New Bonus Rates for Policyholders
Kathmandu – Sun Nepal Life Insurance Company Limited has officially announced new bonus rates for its life insurance policyholders following the approval of its actuarial valuation report by the Nepal Insurance Authority on Ashar 15 (June 29).
The newly declared bonus rates apply to various life insurance plans offered by the company and will be calculated on a per-thousand-rupee sum assured basis for the last fiscal year.
For its flagship Sun Life Endowment Insurance Policy, the company has set bonus rates ranging from Rs. 30 to Rs. 65 per thousand, depending on the insurance period. Similarly, bonus rates have been fixed between Rs. 30 to Rs. 55 for both Bhagyodaya Life Insurance and Bal Samriddhi Life Insurance plans. Policyholders under Sunaulo Life Endowment Insurance and Sunaulo Samriddhi Life Insurance will receive bonuses ranging from Rs. 30 to Rs. 52 per thousand.
The company has also announced an attractive bonus rate of Rs. 38 to Rs. 80 per thousand for its Nabeen Ajeewan Life Insurance Policy, while a flat bonus rate of Rs. 39 per thousand has been set for the 15-Years Money Back Cum Whole Life Assurance (Saarthak Ajeewan Jeevan Beema) policy.
For other savings-based plans like Dhanadhanya Life Insurance, Dhanlaxmi Life Insurance, Dhananjaya Life Insurance, and Nawa Dhanalaxmi Life Insurance, the bonus rate will range between Rs. 23 and Rs. 25 per thousand.
Sun Nepal Life stated that these rates apply to all relevant life insurance policies that are eligible for bonuses for the fiscal year.
