Himalayan Everest Insurance Limited is a leading Nepali general (non-life) insurance company offering motor, fire, marine, engineering, aviation, health, travel and miscellaneous insurance.
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Branches
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ATMs
12
Products
Asar 2083
Effective
All policies & details (12)
Agriculture & Livestock Insurance
Agriculture
Crop, livestock/cattle, poultry and fishery insurance under Nepal's subsidised agriculture insurance scheme.
Sum insured
Rs 10,000 – Rs 50 lakh
Policy term
1 yrs
Annual premium
Rs 25,000/yr
Premium term
Annual / per crop cycle
Annual premium: NIA-subsidized agriculture tariff is 5% of sum insured (with ~75-80% government premium subsidy; net to farmer ~1-1.25%). On Rs 10,00,000 sum insured gross premium = Rs 50,000 (5 per hundred); farmer pays ~Rs 10,000-12,500 after subsidy.
Crop, livestock/cattle, poultry and fishery insurance under Nepal's subsidised agriculture insurance scheme.
Riders: Transit cover for livestockAdditional named perils
Plan details
Exclusions: Intentional slaughter; pre-existing disease/epidemic without notification; war; theft (unless added); losses outside policy period
Aviation Insurance
Aviation
Hull and liability cover for aircraft and aviation operators.
Policy term
1 yrs
Annual premium
Rs 0.75 / 1,000
Premium term
Annual (1 year)
Annual premium: Rs 10,00,000 sum insured at ~Re 0.75 per 1,000 standard marine cargo rate
Hull and liability cover for aircraft and aviation operators.
Riders: Hull war & allied perilsExcess third-party liabilityLoss of licence (crew)
Plan details
Exclusions: Wear & tear and mechanical breakdown; war (unless added); unlawful use; operation outside licensed limits; pilot not appropriately rated
Engineering Insurance
Engineering
Covers construction/erection projects and machinery against engineering risks. Includes CAR, EAR, machinery breakdown, contractors' plant and electronic equipment.
Sum insured
Rs 10 lakh – Rs 100 crore
Policy term
1–3 yrs
Annual premium
Rs 2 / 1,000
Premium term
Single premium for project period (annual for machinery)
Annual premium: Rs 10,00,000 sum insured at ~2 per thousand (0.20%) indicative engineering/contractors' rate = Rs 2,000. Rate varies widely by project type/period; benchmark only.
Covers construction/erection projects and machinery against engineering risks. Includes CAR, EAR, machinery breakdown, contractors' plant and electronic equipment.
Riders: Third-party liability extensionEarthquake/flood (natural perils)Maintenance period coverSurrounding property cover
Plan details
Exclusions: Wear & tear and gradual deterioration; faulty design (consequential); war and nuclear; consequential financial loss; normal maintenance items; experimental operations
Fire & Property Insurance (Standard Fire and Special Perils)
Fire / Property
Covers buildings, plant, machinery, stock and contents against fire, lightning and allied perils. Rate set by NIA fire tariff based on occupancy and construction class.
Sum insured
Rs 5 lakh – Rs 50 crore
Policy term
1 yrs
Annual premium
Rs 1 / 1,000
Premium term
Annual (1 year)
Annual premium: Rs 50,00,000 RCC residential building, standard occupancy: ~1.0 per thousand (0.10%) base fire-and-allied-perils rate = ~Rs 5,000/yr under Property Tariff 2076; earthquake/flood add-on adds ~15-25%. Approximate tariff benchmark, not HEI-quo
Covers buildings, plant, machinery, stock and contents against fire, lightning and allied perils. Rate set by NIA fire tariff based on occupancy and construction class.
Exclusions: Goods in open storage; buildings under construction; war and nuclear risks; spontaneous combustion (unless added); consequential loss; interior damage without external building damage
Health Insurance
Medical / Health
Individual/family hospitalisation insurance covering in-patient medical expenses.
Sum insured
Rs 1 lakh – Rs 20 lakh
Policy term
1 yrs
Entry age
18–65 yrs
Annual premium
Rs 15 / 1,000
Premium term
Annual (1 year)
Annual premium: Rs 1,00,000 sum insured, individual adult ~age 30: ~1.5% of sum insured = Rs 1,500/yr (Nepal non-life hospitalization market rate). Age 30 is a low-load band; older ages and higher SA scale up.
Individual/family hospitalisation insurance covering in-patient medical expenses.
Lump-sum benefit for accidental death and permanent/partial disability.
Sum insured
Rs 1 lakh – Rs 1 crore
Policy term
1 yrs
Premium term
Annual (1 year)
Annual premium: Low fixed rate per 1,000 sum insured graded by occupational risk class (typically a fraction of a per-mille up to a few per-mille); e.g. clerical risk cheapest, manual/hazardous occupations higher.
Lump-sum benefit for accidental death and permanent/partial disability.
Riders: Medical expense extensionTemporary total disablement weekly benefit
Covers goods in transit by land, sea or air, domestically and internationally (warehouse to warehouse).
Sum insured
Rs 1 lakh – Rs 20 crore
Policy term
1 yrs
Annual premium
Rs 0.5 / 1,000
Premium term
Per consignment or annual open policy
Annual premium: Per-shipment, not annual. Rs 10,00,000 sum insured at ~0.5 per thousand (0.05%) market transit rate = Rs 500 representative. (annual_premium_npr field shows an indicative figure for an assumed Rs ~1 crore turnover/multiple transits; single
Covers goods in transit by land, sea or air, domestically and internationally (warehouse to warehouse).
Exclusions: Ordinary leakage/wear & tear; insufficient/unsuitable packing; inherent vice of goods; delay; war and strikes (unless added); wilful misconduct of insured
Miscellaneous Insurance
Micro
Bundle of miscellaneous/general accident covers — burglary, money, fidelity guarantee, glass, public liability and similar.
Sum insured
Rs 50,000 – Rs 5 crore
Policy term
1 yrs
Annual premium
Rs 0.75 / 1,000
Premium term
Annual (1 year)
Annual premium: Rs 10,00,000 sum insured at ~Re 0.75 per 1,000 standard marine cargo rate
Bundle of miscellaneous/general accident covers — burglary, money, fidelity guarantee, glass, public liability and similar.
Riders: All-risks personal propertyExtended liability limits
Plan details
Exclusions: War and nuclear risk; wear & tear; consequential loss; dishonesty not covered under fidelity terms; unattended money
Commercial Vehicle Insurance
Motor
Motor cover for commercial/transport vehicles (taxis, trucks, buses, tractors) per NIA tariff.
Sum insured
Rs 5 lakh – Rs 2 crore
Policy term
1 yrs
Premium term
Annual (1 year)
Annual premium: Rs 1,00,000 sum insured, 30-year adult individual; market-typical Nepal non-life individual health premium (representative)
Motor cover for commercial/transport vehicles (taxis, trucks, buses, tractors) per NIA tariff.
Riders: RSMDST coverLegal liability to paid driver/cleaner
Plan details
Exclusions: Overloading beyond licensed capacity; drunk/unlicensed driving; use outside permitted purpose; consequential loss; fraud; war
Private Vehicle Insurance (Four-Wheeler)
Motor
Comprehensive and third-party motor cover for private cars/jeeps/vans. Premiums follow the NIA Motor Insurance Tariff Directive 2073.
Sum insured
Rs 5 lakh – Rs 1 crore
Policy term
1 yrs
Premium term
Annual (1 year)
Annual premium: 30-day worldwide adult trip, USD 50,000 medical cover: standard Nepal overseas-mediclaim ~USD 55-60 (~NPR 7,500 at ~135/USD). Single-trip premium, not annual; HEI-published rate not available — market/tariff benchmark.
Comprehensive and third-party motor cover for private cars/jeeps/vans. Premiums follow the NIA Motor Insurance Tariff Directive 2073.
Exclusions: Driving under influence of alcohol/drugs; driving without valid licence; consequential/indirect loss; contributory negligence (e.g. driving through flood water); wear & tear; fraudulent claims; war
Two-Wheeler Insurance (Motorcycle/Scooter)
Motor
Comprehensive and third-party cover for motorcycles and scooters per NIA Motor Tariff Directive 2073.
Sum insured
Rs 50,000 – Rs 25 lakh
Policy term
1 yrs
Annual premium
Rs 2,200/yr
Premium term
Annual (1 year)
Annual premium: Motorcycle third-party fixed NIA tariff: up to 150cc Rs 1,707/yr (151-250cc Rs 1,933; 251cc+ Rs 2,159). Comprehensive adds own-damage at ~minimum Rs 1,000+.
Comprehensive and third-party cover for motorcycles and scooters per NIA Motor Tariff Directive 2073.
Riders: RSMDST coverExcess on own damage options (Rs 500 / 1,000 / 2,000)
Overseas travel medical and trip cover. HEI markets itself as a pioneer of travel insurance in Nepal; Schengen-compliant plans available.
Sum insured
Rs 30 lakh – Rs 65 lakh
Policy term
1 yrs
Premium term
Single premium per trip
Annual premium: 30-day worldwide adult trip, USD 50,000 medical cover: standard Nepal overseas-mediclaim ~USD 55-60 (~NPR 7,500 at ~135/USD). Single-trip premium, not annual; HEI-published rate not available — market/tariff benchmark.
Overseas travel medical and trip cover. HEI markets itself as a pioneer of travel insurance in Nepal; Schengen-compliant plans available.
Riders: High-altitude trekking extensionAdventure sports coverHigher medical sum insured tiers
Plan details
Exclusions: Pre-existing conditions; travel against medical advice; high-altitude trekking above policy limit (unless added); self-inflicted injury; war; participation in hazardous activities
About Himalayan Everest
Himalayan Everest Insurance Limited (HEI) was formed through the first-ever merger in Nepal's insurance industry, combining Himalayan General Insurance (founded 1993) and Everest Insurance Company, with integrated operations beginning Shrawan 1, 2079 BS (July 17, 2022). The merger was completed in a 85:100 share-swap ratio, raising the combined paid-up capital to about Rs 2.24 billion to meet regulatory capital requirements. As a publicly listed company (NEPSE: HEI), it specializes exclusively in general insurance and is recognized as a pioneer of travel insurance and digital policies in Nepal. It operates a nationwide branch network from its head office in Babarmahal, Kathmandu.
Deposit and loan rates effective Asar 2083, aggregated from the bank's published disclosures; card figures are indicative. Confirm with the bank before applying.
