Ketaketi Sunaulo Bhawishya Scheme by Nepal Life Insurance: Secure Your Child Future Financial Needs with Ultimate Dual Protection Coverage
29th May 2026, Kathmandu
Nepal Life Insurance Company Limited has introduced a specialized savings and protection package for children, named the Ketaketi Sunaulo Bhawishya Jeevan Beema Yojana.
Ketaketi Sunaulo Bhawishya Scheme
This plan is an ideal savings and protection layout designed specifically for the long term milestones of your children. Apart from covering life risks it provides a reliable method to accumulate funds over time. These funds can be used for higher education marriage social events or any other significant life needs.
The package is officially registered under the Nepal Insurance Authority product code NIA LI003 2080 081 CP 0014 V1 2080 81. It provides a formal and legally compliant structure that combines wealth accumulation with robust life insurance coverage. Parents can use this scheme as a primary financial tool to build a rock-solid foundation for their family.
Comprehensive Eligibility and Flexible Features
To make the plan highly accessible to families across various economic backgrounds the company has set flexible entry criteria. The policy allows an entry age for children starting from just 1 month old up to 17 years. The adult proposer who handles the policy can enter between the ages of 21 and 65 years.
The maximum maturity age for the child is set at 32 years while the maximum maturity age for the proposer is capped at 70 years. Clients can choose policy durations ranging from a short term 5 year commitment up to a long term 25 year policy plan.
The minimum sum assured starts at a highly affordable level of NPR 25000. There is no fixed upper limit for the maximum sum assured as it is determined based on the verified source and level of income of the proposer. To add convenience the bank allows multiple premium payment modes including yearly half yearly quarterly monthly or a single lump sum payment.
Revolutionary Dual Protection and Maturity Benefits
The most attractive highlight of the child plan is its dual protection mechanism which shields both the child and the parent simultaneously. At the time of regular policy maturity the full sum assured plus all accumulated vested bonuses will be paid directly to the insured child.
The plan also outlines a clear process for the commencement of risk for the child. The child risk cover starts either two years after the policy date or from the policy anniversary immediately after the child turns five years old whichever comes earlier. Meanwhile the risk cover for the adult proposer begins instantly upon the commencement of the policy.
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If an unfortunate event happens to the child before the risk commencement period the paid premiums are returned fully and the policy terminates. If the child passes away after the risk commencement period the family receives 25 percent of the sum assured plus vested bonuses or the paid premiums whichever amount is higher.
Financial Security in Case of Proposer’s Demise
The real strength of this policy shines through its compassionate handling of parental tragedy. If the adult proposer passes away during the policy term the plan instantly triggers a multi layered financial safety net to support the child.
First the company pays 1 percent of the total sum assured every single month as a monthly income benefit until the policy reaches its original maturity date. Second, all future premium payments are completely waived ensuring the policy remains active without putting a financial burden on the family.
Finally, when the maturity date arrives, the full sum assured plus the complete accumulated bonus is paid out to the child. In rare and tragic circumstances where both the proposer and the child pass away at the same time the company pays 100 percent of the sum assured plus bonuses for the proposer cover along with an additional 25 percent of the sum assured for the child cover before closing the policy.
Specialized Riders and Policy Loan Options
To make the protection plan even stronger, parents can choose to attach comprehensive additional benefits to the policy. These optional riders are available for the proposer and include the Accidental Rider Benefit the Permanent Total Disability cover, the Premium Waiver Benefit and Critical Illness protection.
The plan also retains excellent liquidity options through its surrender and loan facilities. Policyholders can access the surrender value after completing three full policy years provided that all regular premiums have been paid consistently.
Furthermore clients can apply for a policy loan up to 90 percent of the total surrender value or 25 percent of the sum assured plus accrued bonuses whichever is lower. This feature ensures that parents can access emergency funds during urgent financial crises without needing to permanently cancel their child long term security plan.
For More: Ketaketi Sunaulo Bhawishya Scheme
