IME Life Insurance Company Ltd. is a Nepali life insurer promoted by the IME Group, offering endowment, money-back, whole-life, child, term and foreign-employment plans nationwide.
—
Branches
—
ATMs
15
Products
Asar 2083
Effective
All policies & details (15)
IME Child Annual Money Back Plan (IME Bal Kiran)
Child
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Sum assured
Rs 5 lakh
Policy term
10–25 yrs
Entry age
0–17 yrs
Maturity age
32 yrs
Annual premium
Rs 35,730/yr
Premium term
Regular/Single/Limited (5/8/10/12/15/20 yrs by term)
Bonus
Rs 30-60 per 1,000 sum assured/yr (Bal Kiran, FY 2080/81)
Loan against policy
Yes
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Maturity benefit: [125% - (U-4) x 4%] of SA plus Vested Bonus at maturity
Surrender: Surrender value after minimum premiums; loan available thereafter
Exclusions: Standard suicide/non-disclosure exclusions (not detailed on web page)
IME Child Endowment Plan (IME Bal Ujjwal)
Child
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Sum assured
Rs 5 lakh
Policy term
10–25 yrs
Entry age
0–17 yrs
Maturity age
32 yrs
Annual premium
Rs 26,025/yr
Premium term
Regular/Single/Limited (5/8/10/12/15/20 yrs)
Bonus
Rs 30-65 per 1,000 sum assured/yr (Bal Umang/child plans, FY 2080/81)
Loan against policy
Yes
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Maturity benefit: Full Sum Assured plus Vested Bonus on child's survival to maturity
Surrender: Surrender value after minimum premiums; loan available thereafter
Exclusions: Standard suicide/non-disclosure exclusions (not detailed on web page)
IME Child Money Back Plan (IME Bal Umanga)
Child
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Sum assured
Rs 5 lakh
Policy term
10–25 yrs
Entry age
0–17 yrs
Maturity age
32 yrs
Annual premium
Rs 27,370/yr
Premium term
Regular/Single/Limited (5-20 yr options by term)
Bonus
Rs 30-65 per 1,000 sum assured/yr (Bal Umang, FY 2080/81)
Loan against policy
Yes
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Riders: Premium Waiver BenefitIncome BenefitAccidental Death BenefitLump-Sum BenefitFuneral Expense
Plan details
Maturity benefit: Final 20% of Sum Assured plus Bonus installment at maturity (5 installments total)
Surrender: Surrender value after minimum premiums; loan available thereafter
Exclusions: Standard suicide/non-disclosure exclusions (not detailed on web page)
IME Limited Payment Endowment Plan (IME Sabal Jeevan Beema Yojana)
Endowment
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Sum assured
Rs 5 lakh
Policy term
5–20 yrs
Entry age
18–60 yrs
Maturity age
70 yrs
Annual premium
Rs 67,225/yr
Premium term
Limited (Single/2/3/4/5 years) for 10/15/20-yr terms
Bonus
Rs 32-70 per 1,000 sum assured/yr (endowment, FY 2080/81)
Loan against policy
Yes
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Maturity benefit: Full Sum Assured plus Vested Bonus on survival to maturity
Surrender: Surrender value acquired after minimum premiums; loan available thereafter
Exclusions: Standard suicide/non-disclosure exclusions (not detailed on web page)
IME Simple Endowment Plan (IME Saral Sawadhik Bima Yojana)
Endowment
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Sum assured
Rs 5 lakh
Policy term
5–52 yrs
Entry age
18–65 yrs
Maturity age
70 yrs
Annual premium
Rs 24,175/yr
Premium term
Regular (Yearly/Half-Yearly/Quarterly)
Bonus
Rs 32-70 per 1,000 sum assured/yr (endowment, FY 2080/81)
Loan against policy
Yes
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Maturity benefit: Full Sum Assured plus Vested Bonus paid on survival to maturity
Surrender: Surrender value acquired after minimum premiums paid; loan available thereafter
Exclusions: Standard suicide and non-disclosure exclusions within early policy period (not detailed on web page)
IME Foreign Employment Term Plan
Foreign Employment
The Foreign Employment Term Life Policy is a compulsory, single-premium term life insurance that every Nepali going abroad for work must buy before the Department of Foreign Employment (DoFE) issues a labour permit / e-Sticker. It is sold only by Nepal Insurance Authority (NIA)-licensed life insurers (currently around 10 companies such as Nepal Life, IME Life, Citizen Life, SuryaJyoti and Reliable Life) under a government-standardised benefit structure. It pays a fixed sum assured of NPR 1,000,000 on death, plus add-ons for funeral expenses, body repatriation, loss of income, accidental disability, critical illness and emergency medical costs faced by the migrant worker during the contract period. The term is bought to match the employment contract (roughly 1 to 6.5 years, usually contract plus 6 months) and is renewed each time the worker's permit is renewed.
Sum assured
Rs 10 lakh
Policy term
1–6 yrs
Entry age
18–64 yrs
Annual premium
Rs 1,486/yr
Premium term
Single (per term)
Annual premium: age 30, SA Rs 5,00,000, 20-yr term, 20-yr pay, yearly, standard occupation, no riders. Live IME calculator API; tableRate 48.35/1000 gross, effective 46.35/1000 after 2/1000 SA rebate
The Foreign Employment Term Life Policy is a compulsory, single-premium term life insurance that every Nepali going abroad for work must buy before the Department of Foreign Employment (DoFE) issues a labour permit / e-Sticker. It is sold only by Nepal Insurance Authority (NIA)-licensed life insurers (currently around 10 companies such as Nepal Life, IME Life, Citizen Life, SuryaJyoti and Reliable Life) under a government-standardised benefit structure. It pays a fixed sum assured of NPR 1,000,000 on death, plus add-ons for funeral expenses, body repatriation, loss of income, accidental disability, critical illness and emergency medical costs faced by the migrant worker during the contract period. The term is bought to match the employment contract (roughly 1 to 6.5 years, usually contract plus 6 months) and is renewed each time the worker's permit is renewed.
Maturity benefit: Not applicable (pure protection term plan)
Surrender: Not applicable
Exclusions: War, self-inflicted injury and pre-existing conditions typical of foreign-employment cover (not detailed on web page)
IME Micro Term (One Year)
Micro
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Sum assured
Rs 5 lakh
Policy term
1 yrs
Entry age
18–64 yrs
Maturity age
65 yrs
Annual premium
Rs 1,315/yr
Premium term
Single (renewable yearly)
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Plan details
Maturity benefit: Nil on survival to maturity
Surrender: Not mentioned
Exclusions: Suicide within first year and standard non-disclosure exclusions (not detailed on web page)
IME Dhanbardhan Money Back Plan
Money-back
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Sum assured
Rs 5 lakh
Policy term
15–25 yrs
Entry age
18–55 yrs
Maturity age
70 yrs
Annual premium
Rs 31,465/yr
Premium term
Regular (Yearly/Half-Yearly/Quarterly)
Bonus
Rs 22-63 per 1,000 sum assured/yr (advance/money-back plans, FY 2080/81)
Loan against policy
Yes
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Riders: Critical IllnessAccidental Death BenefitPremium WaiverIncome BenefitFuneral Expenses
Plan details
Maturity benefit: Final installment (40-50% SA) plus vested bonus at maturity after periodic survival payouts
Surrender: Surrender value after minimum premiums; loan available thereafter
Exclusions: Standard suicide/non-disclosure exclusions (not detailed on web page)
IME Dhan Sarita Plus Jeevan Beema Yojana
Money-back
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Sum assured
Rs 5 lakh
Policy term
5–20 yrs
Entry age
18–65 yrs
Maturity age
70 yrs
Annual premium
Rs 47,025/yr
Premium term
Regular/Single/Limited (5/10/12/15 yrs by term)
Bonus
Rs 22 per 1,000 sum assured/yr (fixed, Dhan Sarita, FY 2080/81)
Loan against policy
Yes
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Riders: Critical Illness (max Rs 5,000,000 or basic SA)Income Benefit (1.0-3.0% monthly / 3.0-9.0% quarterly)Funeral Expenses (25% SA or Rs 200,000)
Plan details
Maturity benefit: Remaining Sum Assured (after annual 5% survival deductions) plus vested bonus
Surrender: Surrender value after minimum premiums; loan available thereafter
Exclusions: Standard suicide/non-disclosure exclusions (not detailed on web page)
IME Limited Payment Money Back Plan (Dhanbriksha Jeewan Beema Yojana)
Money-back
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Sum assured
Rs 5 lakh
Policy term
10–25 yrs
Entry age
18–60 yrs
Maturity age
70 yrs
Annual premium
Rs 39,480/yr
Premium term
Limited (8/12/16/20 yrs for 10/15/20/25-yr terms) or Single
Bonus
Rs 22-63 per 1,000 sum assured/yr (money-back plans, FY 2080/81)
Loan against policy
Yes
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Maturity benefit: Final money-back installment (40-50% SA) plus vested bonus, after which paid-up term continues to maturity
Surrender: Surrender value after minimum premiums; loan available thereafter
Exclusions: Standard suicide/non-disclosure exclusions (not detailed on web page)
IME Best Term (Individual Term)
Term
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Sum assured
Rs 5 lakh
Policy term
5–30 yrs
Entry age
18–60 yrs
Maturity age
65 yrs
Annual premium
Rs 1,315/yr
Premium term
Regular/Single/Limited (2-20 yrs by term)
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Riders: Accidental Death Benefit (ADB)Permanent Total Disability (PTD)Critical Illness (max Rs 5,000,000)
Plan details
Maturity benefit: Not applicable (pure term)
Surrender: Not applicable
Exclusions: Suicide within first year and standard non-disclosure exclusions (not detailed on web page)
IME Credit Term Insurance
Term
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Sum assured
Rs 5 lakh
Policy term
1–15 yrs
Entry age
18–65 yrs
Maturity age
70 yrs
Annual premium
Rs 1,315/yr
Premium term
Regular (Yearly)
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Riders: Funeral Expense (40% SA, max Rs 50,000)Accidental Death (100% SA, max Rs 20,00,000)Accidental Total Permanent Disability (100% SA, max Rs 20,00,000)Accidental Partial Permanent Disability (50% SA, max Rs 10,00,000)
Plan details
Maturity benefit: Not applicable
Surrender: Not applicable
Exclusions: Suicide within first year and standard non-disclosure exclusions (not detailed on web page)
IME Surakshya Myadi (Term)
Term
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Sum assured
Rs 5 lakh
Policy term
1–30 yrs
Entry age
18–75 yrs
Maturity age
76 yrs
Annual premium
Rs 27,370/yr
Premium term
Yearly (representative child quote)
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Riders: Funeral Expense (40% SA, max Rs 50,000)Accidental Death (100% SA, max Rs 25,00,000)Accidental Total Permanent Disability (100% SA, max Rs 25,00,000)Accidental Partial Permanent Disability (50% SA, max Rs 12,50,000)
Plan details
Maturity benefit: Not applicable
Surrender: Not applicable
Exclusions: Suicide within first year and standard non-disclosure exclusions (not detailed on web page)
IME Endowment cum Whole Life Plan (IME Aajeevan Sawadhik Beema Yojana)
Whole Life
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Sum assured
Rs 5 lakh
Policy term
5–52 yrs
Entry age
18–65 yrs
Maturity age
70 yrs
Annual premium
Rs 29,455/yr
Premium term
Regular (Yearly/Half-Yearly/Quarterly)
Bonus
Rs 32-80 per 1,000 sum assured/yr (whole life, FY 2080/81)
Loan against policy
Yes
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Riders: Accidental Death BenefitIncome Benefit (1.0-3.0% monthly/quarterly)Lump-Sum DisabilityPremium WaiverFuneral Expenses (25% SA or Rs 200,000)Critical Illness (max Rs 5,000,000)
Plan details
Maturity benefit: Full Sum Assured plus Vested Bonus at maturity; coverage continues to age 100
Surrender: Surrender value after minimum premiums; loan available thereafter
Exclusions: Standard suicide/non-disclosure exclusions (not detailed on web page)
IME Money Back cum Whole Life Plan (IME Kalpadhan)
Whole Life
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Sum assured
Rs 5 lakh
Policy term
10–25 yrs
Entry age
18–60 yrs
Maturity age
70 yrs
Annual premium
Rs 36,790/yr
Premium term
Single or Limited (10/12/15/20/25 yrs)
Bonus
Rs 32-63 per 1,000 sum assured/yr (Kalpadhan, FY 2080/81)
Loan against policy
Yes
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
A life insurance policy in Nepal is a contract with a licensed life insurer (e.g. Nepal Life, LIC Nepal, National Life, Reliable Life, Citizen Life, MetLife Nepal) where you pay regular premiums and the insurer pays a lump sum (and/or maturity/survival benefit) to your nominee on death or to you on maturity. The main types are endowment (savings + protection, maturity benefit), term (pure protection, low premium, no maturity value), whole-life (lifelong cover), child/education plans (proposer is parent/guardian, child is the insured life) and pension/annuity plans (build a corpus that pays a regular pension). It is regulated by the Nepal Insurance Authority (NIA) under the Insurance Act 2079, and buying involves completing a proposal form plus a KYC form, paying the first premium, and — depending on age and sum assured — undergoing medical underwriting before the policy is issued. Premiums on life policies also qualify for income-tax deduction up to the statutory limit, making endowment and pension plans popular savings vehicles in Nepal.
Riders: Critical Illness (max Rs 5,000,000 or basic SA, 21 conditions)Funeral Expenses (25% SA or Rs 200,000)Accidental Death BenefitPremium WaiverIncome Benefit
Plan details
Maturity benefit: Final money-back installment (40-50% SA) plus vested bonus; whole-life coverage continues
Surrender: Surrender value after minimum premiums; loan available thereafter
Exclusions: Standard suicide/non-disclosure exclusions (not detailed on web page)
About IME Life
IME Life Insurance Company Limited was incorporated on 1 October 2008 (2065 B.S.) and commenced insurance operations on 17 August 2017, promoted by the IME Group, one of Nepal's largest remittance and financial-services conglomerates. Promoters hold 70% of the NPR 5 billion paid-up capital with the general public holding the remaining 30%; authorized capital is NPR 6 billion. The company distributes through agency, corporate agency, bancassurance and direct sales channels and leverages the IME Group's network of 6,000-plus IME Centers and local remittance agents across Nepal. It is listed on NEPSE under the symbol ILI.
Deposit and loan rates effective Asar 2083, aggregated from the bank's published disclosures; card figures are indicative. Confirm with the bank before applying.
