New bonus rate announced by Suryajyoti Life, Minimum 40 to Maximum 75 Rupees bonus
Kathmandu : Suryajyoti Life has announced the new bonus rate on 21st of Falgun, 2080 B.S. According to the new bonus rate approved by the Nepal Insurance Authority, the company informed that the insured will get a maximum bonus of 75 rupees and a minimum of 40 rupees per thousand per year. The company has published a new bonus rate based on the financial statement of the fiscal year 2079/80.
The company is going to give bonus from 43 rupees to 75 rupees according to the insurance period in the term life insurance plan. It includes insurance schemes like Surakcit Jeevan Insurance Scheme-01, Sunaulo Bhabisya Bal Jeewan Insurance Scheme-05, Single and Limited Term Payment (Option 1) Scheme-06 and Single and Limited Term Payment (Option 2) Scheme-07.
Similarly, Samrakshit Saawadhik (Protected Term) Life Insurance Plan-51, Simit Awadhi Bhuktani (Limited Term Payment) Life Insurance Plan-53, Samrakshit Bal (Protected Child) Life Insurance Plan-71, Samuhik Saawadhik (Group Term) Life Insurance Plan-91, Saawadhik (Term) Life Insurance Plan-151 and Saawadhik Laghu Jeewan (Term Micro-Life) Insurance Plan-181. In these scheme, the insured will get a bonus of Rs.40 to Rs.70 according to the insurance period.
Similarly, the company is going to give bonus from 43 rupees to 75 rupees according to the insurance period in Surakshit Bhabisya Jeevan Beema Yojana (Safe Future Life Insurance Plan)-03 of term plan or life insurance plans. On the other hand, the company has decided to give a bonus ranging from 40 rupees to 70 rupees according to the insurance period in Sudarshan Saawadhik Beema Yojana- 52 of the term plans or life insurance plans.
In Advance Payment Term Insurance Plan of Dhan Laav Jeevan Bima Yojana-02 and Three-Twenty Dhan Bahar Jeevan Bima Yojana-09, the insured will get a bonus of Rs.43 to Rs.50.
Similarly, the company offers Advance Payment Term Insurance Plans, Aasadhan Advance Payment Life Insurance Plan-61/62, Dhan Briddhi Jeevan Beema Yojana (Advance Payment)-63.64.65, Sajilo Barsik Bhuktani Jeevan Beema Yojana (Easy Annual Life Insurance Plan)-66 and (Agrim Bhuktani Bal Jeevan Beema Yojana (Advance Payment Child Life Insurance Plan)-73, in these plan also company will provide 42 rupees to 60 rupees of bonus according to the insurance period.
Similarly, in Chaurasi Puja Agrim Bhuktani Beema Yojana (Regular Plan), the insured will get a bonus of Rs.45 to Rs.70 whereas in Chaurasi Puja agrim Bhuktani Beema Yojana (single plan) the company will provide bonus from Rs.75 to Rs.90 and in Easy Pay Agrim Bhuktani Beema Yojana (advance payment insurance plan), the insured will get a bonus of Rs.20 to Rs.30 depending on the insurance period.
In addition, the company said that the bonus rate mentioned above is also applicable to death claims, full or partial term payment claims, surrender value claims, paid-up value claims, and current insurance policies, as well as the same bonus rate to be paid by the company until another actuarial evaluation is approved by the regulatory body Nepal Insurance Authority.