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SURAKSHIT BAL BHAVISHYA YOJANA

Proposer DOB

Plan Features
Feature Details
Basic Sum Assured Minimum: NPR 25,000
Maximum: NPR 500,000 (or as per NIA guidelines)
Total sum assured including base plan, riders, and guaranteed additions should not exceed NPR 500,000 per policy.
Entry Age Child: Minimum 1 month – Maximum 17 years
Proposer: Minimum 18 years – Maximum 55 years
Maximum Maturity Age Child: 25 years
Proposer: 75 years
Policy Term Minimum: 8 years
Maximum: 25 years
Premium Payment Term Same as policy term
Mode of Premium Payment Quarterly, Half-Yearly, Yearly

Plan Description & Overview

Surakshit Bal Bhavishya Yojana plan is designed to secure the future of children. It provides financial protection and support, ensuring children are taken care of even if something happens to their parents or guardians. This plan is helpful for families who want to ensure their children’s education and secure their child’s future needs with peace of mind.

  • Financial protection for children.
  • Supports education and future needs.
  • Peace of mind for parents/guardians.

✅ Death Benefits

  • Child before Risk Commencement Date: All premiums paid (excluding rider) returned to proposer. Policy terminates.
  • Child after Risk Commencement Date: Higher of 25% of Sum Assured or premiums paid (excluding rider) plus accrued guaranteed additions paid. Policy terminates.
  • Proposer dies during policy term:
    • All future premiums of child waived.
    • 1.5% of Sum Assured paid from the next anniversary until policy end or death of child, whichever is earlier.
  • Child dies after proposer: Benefits as per Risk Commencement Date are payable to nominee.
  • Both child and proposer die simultaneously: 100% of Sum Assured plus benefits as per Risk Commencement Date.

✅ Maturity Benefits

On survival of child to the end of policy term, Sum Assured plus accrued guaranteed additions will be payable. The policy terminates upon payment of maturity benefits.

✅ Survival / Surrender Benefits

  • Policy can be surrendered after paying 3 full years of premiums.
  • Surrender value calculated as per Nepal Beema Pradhikaran guidelines.
  • Policyholder can avail up to 90% of Surrender Value as policy loan on interest as decided by company.

Last Updated: Jan 20, 2026