One of Nepal's largest and oldest life insurers (est. 1988), offering endowment, money-back, whole life, term, child, pension and single-premium plans to over 1.5 million policyholders.
150
Branches
—
ATMs
21
Products
Asar 2083
Effective
All policies & details (21)
Bal Amrit 4 Endowment Policy (Children's Plan)
Child
Children's endowment funding education/start-in-life; pays sum assured plus bonus at maturity, with proposer (parent) death benefit and premium waiver.
Sum assured
Rs 5 lakh
Policy term
5–20 yrs
Entry age
0–15 yrs
Maturity age
70 yrs
Annual premium
Rs 24,375/yr
Premium term
Regular
Bonus
Rs 60 per 1,000 sum assured/yr (FY 2081/82)
Loan against policy
Yes
Annual premium: Children's plan: child age 5, proposer age 30, SA Rs 5,00,000, 20-yr term; rate 48.75 per 1,000 from API (plan code Y1) = Rs 24,375/yr. NOT the standard 30-yr-old-life profile (life assured is the child), shown for completeness.
Children's endowment funding education/start-in-life; pays sum assured plus bonus at maturity, with proposer (parent) death benefit and premium waiver.
Riders: Waiver of Premium (Rs 2/1000)Accidental Death Benefit
Plan details
Maturity benefit: Sum assured plus accrued bonus paid if child alive at maturity
Surrender: Paid-up/surrender provisions available
Bal Bhagyodaya (Anticipated Endowment Children's Plan)
Child
Children's money-back endowment with survival payouts at years 5 and 10, and 50% of sum assured plus bonus at maturity.
Sum assured
Rs 5 lakh
Policy term
15 yrs
Entry age
17–50 yrs
Maturity age
65 yrs
Annual premium
Rs 40,965/yr
Premium term
Regular
Bonus
Rs 60 per 1,000 sum assured/yr (anticipated endowment, FY 2081/82)
Loan against policy
Yes
Annual premium: Live API getPlanRate (code F). Term 20 returned 0; used nearest available term 15 (rate 82.93). Insured age 30, SA 5,00,000, yearly. Annual = (82.93-1.0)*500 = 40,965 (calc.js case 'F', rebate 1.0 for SA>=25k).
Children's money-back endowment with survival payouts at years 5 and 10, and 50% of sum assured plus bonus at maturity.
Riders: Accidental Death Benefit (Rs 2.5M max at Rs 1/1000)Waiver of Premium (Rs 2/1000)
Plan details
Maturity benefit: 50% of sum assured plus entire bonus at maturity
Surrender: Paid-up and surrender claim provided
Amrit Shree Endowment Plan
Endowment
Endowment plan paying sum assured plus bonus on maturity or death, with optional whole-life protection variant.
Sum assured
Rs 5 lakh
Policy term
5–20 yrs
Entry age
14–65 yrs
Maturity age
70 yrs
Annual premium
Rs 34,800/yr
Premium term
Regular
Bonus
Rs 60 per 1,000 sum assured/yr (FY 2081/82)
Annual premium: age 30, SA Rs 5,00,000, 20-yr term; rate 69.60 per 1,000 from API (plan code ASA), annual = 69.60 × 500
Endowment plan paying sum assured plus bonus on maturity or death, with optional whole-life protection variant.
Riders: Accidental Death BenefitWaiver of PremiumCritical IllnessTotal Permanent Disablement
Plan details
Maturity benefit: Sum assured plus bonus earned on maturity
Bachat Amrit Sawadhik Jeevan Beema Yojana
Endowment
Savings-oriented limited-pay endowment: premiums paid for shorter period than term, sum assured plus accumulated bonus at maturity.
Joint-life endowment for couples: on first death sum assured paid to survivor with premiums waived; on second death/maturity sum assured plus bonus paid.
Sum assured
Rs 5 lakh
Policy term
5–30 yrs
Entry age
18–60 yrs
Maturity age
65 yrs
Annual premium
Rs 28,205/yr
Premium term
Regular
Bonus
Rs 60 per 1,000 sum assured/yr (FY 2081/82)
Loan against policy
Yes
Annual premium: both spouses age 30, SA Rs 5,00,000, 20-yr term; rate 56.41 per 1,000 from API (plan code DA, age=30 propAge=30), annual = 56.41 × 500
Joint-life endowment for couples: on first death sum assured paid to survivor with premiums waived; on second death/maturity sum assured plus bonus paid.
Riders: Accidental Death Benefit (up to Rs 25,00,000 at Rs 1.00/1000)Waiver of Premium (Rs 2.00/1000)
Plan details
Maturity benefit: Sum assured plus bonus earned on maturity
Surrender: Paid-up and surrender provisions available
Jeewan Shree Sabadhik Amrit Plan
Endowment
With-profit endowment with annual survival payouts (money-back style) after premium term, maturity benefit plus bonus to age 80.
Sum assured
Rs 5 lakh
Policy term
15–30 yrs
Entry age
18–55 yrs
Maturity age
80 yrs
Annual premium
Rs 25,120/yr
Premium term
Limited (15, 20, 25 or 30 years); policy term = 80 minus entry age
Bonus
Rs 60 per 1,000 sum assured/yr (5-25 yr terms, FY 2081/82)
Loan against policy
Yes
Annual premium: age 30, SA Rs 5,00,000, 20-yr term; rate 50.24 per 1,000 from API (plan code SSA), annual = 50.24 × 500
With-profit endowment with annual survival payouts (money-back style) after premium term, maturity benefit plus bonus to age 80.
Riders: Accidental Death BenefitWaiver of PremiumTotal Permanent DisablementCritical Illness
Plan details
Maturity benefit: Sum assured plus vested bonuses at maturity (age 80); 9% of basic sum assured paid each year after premium term as survival benefit
Surrender: Paid-up/surrender value available after 2 years of premiums paid
Sanjivani Sawadhik Amrit Jeevan Bimalekh
Endowment
Non-linked with-profit endowment with a graduated (increasing) death-benefit scale rising from 100% to 200% of sum assured over the term.
Annual premium: age 30, SA Rs 5,00,000, 20-yr term; rate 50.24 per 1,000 from API (plan code SSA), annual = 50.24 × 500
Non-linked with-profit endowment with a graduated (increasing) death-benefit scale rising from 100% to 200% of sum assured over the term.
Plan details
Maturity benefit: Sum assured plus accrued reversionary bonus on survival to maturity
Saral Amrit (Term Insurance)
Endowment
Single-premium term plan suited to microfinance/loan cover, returning premium (with interest on longer terms) at maturity and paying sum assured on death.
Sum assured
Rs 5 lakh
Policy term
3–15 yrs
Entry age
18–62 yrs
Maturity age
65 yrs
Annual premium
Rs 35,050/yr
Premium term
Regular (Yearly)
Loan against policy
Yes
Annual premium: Live API getPlanRate (code S). Term 20 returned 0 (not offered); used nearest available term 15 (rate 70.1). Age 30, SA 5,00,000, yearly. Annual = 70.1*500 = 35,050 (calc.js case 'S'). High rate implies a return-of-premium/endowment-style t
Single-premium term plan suited to microfinance/loan cover, returning premium (with interest on longer terms) at maturity and paying sum assured on death.
Mandatory single-premium term cover for Nepalis going abroad for work (per Overseas Employment Act 2064); pays sum assured on death plus disability and body-repatriation benefits.
Sum assured
Rs 5 lakh
Policy term
1–6 yrs
Entry age
18–64 yrs
Premium term
Single
Mandatory single-premium term cover for Nepalis going abroad for work (per Overseas Employment Act 2064); pays sum assured on death plus disability and body-repatriation benefits.
Plan details
Maturity benefit: No maturity benefit (pure term cover)
Amrit Barsaha Money Back Policy
Money-back
With-profit money-back plan paying periodic survival benefits during the term plus bonus, with full sum assured on death.
Sum assured
Rs 5 lakh
Policy term
7–25 yrs
Entry age
18–60 yrs
Maturity age
70 yrs
Annual premium
Rs 42,000/yr
Premium term
Regular
Bonus
Rs 60 per 1,000 SA (5-20 yr); higher for longer terms (FY 2081/82)
Loan against policy
Yes
Annual premium: age 30, SA Rs 5,00,000, 16-yr term (nearest valid term to 20; plan only returns rates at money-back terms); rate 84.00 per 1,000 from API (plan code AB), annual = 84.00 × 500
With-profit money-back plan paying periodic survival benefits during the term plus bonus, with full sum assured on death.
Riders: Accidental Death BenefitWaiver of Premium (for disability)
Plan details
Maturity benefit: Final survival payout plus accrued bonus on maturity
Surrender: Surrender and paid-up provisions available
Amrit Shree Money Back
Money-back
Regular-premium money-back plan with periodic payouts at regular intervals during the policy term.
Sum assured
Rs 5 lakh
Policy term
5–20 yrs
Entry age
14–65 yrs
Maturity age
70 yrs
Annual premium
Rs 34,800/yr
Premium term
Regular
Bonus
Rs 60 per 1,000 sum assured/yr (FY 2081/82)
Annual premium: age 30, SA Rs 5,00,000, 20-yr term; rate 69.60 per 1,000 from API (plan code ASA), annual = 69.60 × 500
Regular-premium money-back plan with periodic payouts at regular intervals during the policy term.
Plan details
Maturity benefit: Final survival payout plus bonus on maturity
Anticipated Endowment Plan
Money-back
With-profit money-back endowment paying periodic survival benefits during the term and sum assured plus bonus at maturity.
Sum assured
Rs 5 lakh
Policy term
5–25 yrs
Entry age
16–65 yrs
Maturity age
70 yrs
Annual premium
Rs 31,100/yr
Premium term
Regular
Bonus
Rs 60 per 1,000 SA (5-20 yr), Rs 70 (21-25 yr), Rs 85 (26+ yr), FY 2081/82
Loan against policy
Yes
Annual premium: age 30, SA Rs 5,00,000, 20-yr term; rate 62.20 per 1,000 from API (plan code A), annual = 62.20 × 500
With-profit money-back endowment paying periodic survival benefits during the term and sum assured plus bonus at maturity.
Riders: Accidental Death Benefit (up to Rs 50,00,000 at Rs 1/1000)Waiver of Premium (Rs 2/1000)
Plan details
Maturity benefit: Sum assured plus bonus earned on maturity
Surrender: Surrender value available after completion period
Annuity Plan
Pension
Annuity plan providing regular retirement income payouts; companion to the deferred Pension Plan.
Sum assured
Rs 5 lakh
Policy term
10–40 yrs
Entry age
20–60 yrs
Maturity age
70 yrs
Annual premium
Rs 27,795/yr
Premium term
Single / Regular
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
Annuity plan providing regular retirement income payouts; companion to the deferred Pension Plan.
Plan details
Maturity benefit: Regular annuity income payouts in retirement
Pension Plan
Pension
Deferred annuity / retirement plan accumulating to maturity, then paying an annuity (5 options) from one month after maturity.
Sum assured
Rs 5 lakh
Policy term
10–40 yrs
Entry age
20–60 yrs
Maturity age
70 yrs
Annual premium
Rs 20,050/yr
Premium term
Regular
Annual premium: age 30, SA Rs 5,00,000, 20-yr term; rate 50.69 per 1,000 from company premium-rate API (plan code E), annual = 50.69 × 500
Deferred annuity / retirement plan accumulating to maturity, then paying an annuity (5 options) from one month after maturity.
Plan details
Maturity benefit: Annuity payable from one month after maturity; 5 annuity options selectable at maturity
Traditional Term Plan
Term
Pure protection term plan paying the sum assured to the nominee on death during the policy term.
Sum assured
Rs 5 lakh
Policy term
1–5 yrs
Entry age
16–55 yrs
Maturity age
70 yrs
Annual premium
Rs 3,020/yr
Premium term
Regular
Pure protection term plan paying the sum assured to the nominee on death during the policy term.
Riders: Accidental Death BenefitWaiver of Premium
Plan details
Maturity benefit: No maturity benefit (pure term cover)
Amrit Shree Anticipated Endowment and Whole Life Plan
Whole Life
Money-back plan with two options: periodic payouts during term (Option 1) or periodic payouts plus whole-life protection (Option 2).
Sum assured
Rs 5 lakh
Policy term
5–20 yrs
Entry age
14–65 yrs
Maturity age
70 yrs
Annual premium
Rs 34,104/yr
Premium term
Regular
Bonus
Rs 60 per 1,000 SA (5-20 yr), Rs 70 (21-25 yr), Rs 85 (26+ yr), FY 2081/82
Loan against policy
Yes
Annual premium: age 30, SA Rs 5,00,000, 20-yr term; rate 62.20 per 1,000 from API (plan code A), annual = 62.20 × 500
Money-back plan with two options: periodic payouts during term (Option 1) or periodic payouts plus whole-life protection (Option 2).
Riders: Accidental Death BenefitWaiver of Premium
Plan details
Maturity benefit: Periodic payouts during the term; full sum assured paid on death (survival benefits already paid not deducted)
Surrender: Surrender value 6.75% (age 21) rising to 94.34% (age >100) by age at surrender
Jeevan Amrit (Endowment cum Whole Life) Plan
Whole Life
Endowment-cum-whole-life: pays sum assured plus bonus on maturity, with whole-life death cover continuing after maturity.
Sum assured
Rs 5 lakh
Policy term
5–25 yrs
Entry age
16–65 yrs
Maturity age
70 yrs
Annual premium
Rs 27,795/yr
Premium term
Regular
Bonus
Rs 60 per 1,000 sum assured/yr (5-25 yr terms, FY 2081/82)
Loan against policy
Yes
Annual premium: age 30, SA Rs 5,00,000, 20-yr paying term; rate 55.59 per 1,000 from API (plan code J), annual = 55.59 × 500
Endowment-cum-whole-life: pays sum assured plus bonus on maturity, with whole-life death cover continuing after maturity.
Riders: Accidental Death Benefit (up to Rs 50,00,000 at Rs 1.00/1000)Waiver of Premium (Rs 2.00/1000)
Plan details
Maturity benefit: Sum assured plus bonus on maturity; whole-of-life death cover thereafter
Surrender: Paid-up and surrender provisions available
Traditional Whole Life Policy
Whole Life
Whole-of-life cover paying sum assured plus accrued bonus on death, with participation in company profits.
Sum assured
Rs 5 lakh
Entry age
16–65 yrs
Annual premium
Rs 34,104/yr
Premium term
Regular / Limited
Bonus
Rs 60 per 1,000 sum assured/yr (whole-life, FY 2081/82)
Loan against policy
Yes
Annual premium: Live API getPlanRate (code ASA), age 30 (ageLast), term 20, SA 5,00,000, yearly. Annual = (69.6*0.98)*500 = 34,104 (calc.js case 'ASA': YRLY 2% rate rebate; SA<10L so no flat rebate).
Whole-of-life cover paying sum assured plus accrued bonus on death, with participation in company profits.
Riders: Accidental Death BenefitWaiver of Premium
Plan details
Maturity benefit: Sum assured plus accrued bonus payable on death (whole-of-life cover)
Surrender: Surrender/paid-up value available
About National Life
National Life Insurance Company Limited (formerly National Life & General Insurance Co. Ltd.) was incorporated in 1988 A.D. under the Nepal Company Act 1964 and the Insurance Act 1968, and is one of Nepal's largest and longest-established life insurers with over three decades of operation. Its ownership includes Nepalese promoters (~45.4%), Rastriya Banijya Bank (~8.5%), the public (~45%) and a foreign collaborator (~1.1%), and it is listed on the Nepal Stock Exchange (symbol NLICL). The company serves over 1.5 million policyholders through an extensive nationwide branch network spanning all provinces of Nepal. It maintains a large life fund (~Rs. 89 billion) and annual premium collection of roughly Rs. 23 billion.
Deposit and loan rates effective Asar 2083, aggregated from the bank's published disclosures; card figures are indicative. Confirm with the bank before applying.
