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 is designed to secure the future of children. It provides financial protection and ensures children are taken care of even in the absence of parents or guardians.

The plan helps support education and long-term financial needs with peace of mind.

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

Death Benefits

  • Before Risk Start: Premium returned, policy ends
  • After Risk Start: Higher of 25% SA or premiums + additions
  • Proposer Death:
    • Future premiums waived
    • 1.5% SA yearly payout until maturity
  • Both die: 100% SA + benefits

Maturity Benefits

On survival till maturity, Sum Assured plus accrued guaranteed additions will be paid. The policy terminates after payout.

Survival / Surrender

  • Surrender allowed after 3 years premium payment
  • Value as per Nepal Beema Pradhikaran rules
  • Up to 90% loan available against surrender value
NIA Approval Date: 2081-04-17