Sun Nepal Life Insurance Introduces New Bonus Rate

January 21, 2022 | Investopaper

Sun Nepal Life Insurance has introduced a new bonus share to its policy holders. As per the actuary valuation of the fiscal year 2076/77, the life insurance will provide the bonus rate ranging from Rs 18 to Rs 75 per thousand.

The bonus rate for term life insurance is Rs 30 for 9 years, Rs 30 for 10 to 14 years, Rs 40 for 15 to 19 years, Rs 60 for 20 to 24 years and Rs 75 for 25 years or more.

Similarly, for term and life insurance policies, the company has fixed the bonus rate at Rs 30 for a period of 9 years, Rs 30 for a period of 10 to 14 years, Rs 40/Rs 43 for a period of 15 to 19 years, Rs 60 for a period of 20 to 24 years and Rs 75 for a period of 25 years or more.

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The notice below shows the new bonus rate of Sun Nepal Life Insurance: