NLG Insurance Company Ltd. is a Nepali non-life (general) insurance company offering motor, property, engineering, marine, aviation, agriculture, micro and miscellaneous insurance with a nationwide branch network.
80
Branches
—
ATMs
11
Products
Asar 2083
Effective
All policies & details (11)
Agriculture Insurance Policy
Agriculture
Crop and livestock insurance (livestock, poultry, fish, paddy, vegetables, fruits) against fire, natural disasters, pests, disease and accidents; first policy issued 2013.
Sum insured
Rs 10,000 – Rs 50 lakh
Policy term
1 yrs
Annual premium
Rs 25,000/yr
Premium term
Annual (1-year policy); 80% govt-subsidised
Annual premium: Premium typically ~5% of sum insured, of which the Government of Nepal subsidises 80% — so the farmer effectively pays only ~1% of the insured value (about 20% of the gross premium).
Crop and livestock insurance (livestock, poultry, fish, paddy, vegetables, fruits) against fire, natural disasters, pests, disease and accidents; first policy issued 2013.
Riders: Transit cover for livestockTheft extension
Plan details
Exclusions: Pre-existing disease without inspection, willful neglect, war, theft of animals (unless covered), losses outside policy area, non-vaccinated livestock.
Aviation Insurance Policy
Aviation
Aircraft hull and aviation liability cover including passenger and third-party liability for the loss of aircraft and resulting financial damage.
Sum insured
Rs 1 crore – Rs 500 crore
Policy term
1 yrs
Premium term
Annual (1-year policy)
Annual premium: Bespoke/reinsurance-driven premium based on hull value, aircraft type, usage and liability limits; not a fixed tariff. Quoted case by case.
Aircraft hull and aviation liability cover including passenger and third-party liability for the loss of aircraft and resulting financial damage.
Riders: War, hijack & allied perilsCargo legal liabilityLoss of use
Covers plant, machinery and projects against sudden accidental physical loss/damage beyond fire cover; includes Contractors' All Risk and machinery breakdown.
Sum insured
Rs 10 lakh – Rs 100 crore
Policy term
1–5 yrs
Annual premium
Rs 2.5 / 1,000
Premium term
Single premium for project term / annual
Annual premium: Tariff-rated per mille on project/machinery value by risk type (CAR/EAR/machinery breakdown), broadly ~Rs 1-5 per 1,000 sum insured depending on project nature and term.
Covers plant, machinery and projects against sudden accidental physical loss/damage beyond fire cover; includes Contractors' All Risk and machinery breakdown.
Riders: Third-party liabilityMaintenance period coverSurrounding propertyEscalation clause
Plan details
Exclusions: Wear & tear, gradual deterioration, faulty design (sometimes), consequential loss, war and nuclear risk, willful negligence, normal maintenance.
Home Insurance
Fire / Property
Householder/home package for residential buildings, apartments, temples and meditation places with contents, covering fire and allied perils up to Rs 2 crore.
Sum insured
Rs 5 lakh – Rs 2 crore
Policy term
1 yrs
Annual premium
Rs 0.75 / 1,000
Premium term
Annual (1-year policy)
Annual premium: Tariff per-mille on dwelling + contents, broadly ~Rs 0.50-1.00 per 1,000 sum insured for the dwelling; government allows up to Rs 10,000 tax deduction on residential building insurance premium.
Householder/home package for residential buildings, apartments, temples and meditation places with contents, covering fire and allied perils up to Rs 2 crore.
Riders: EarthquakeBurglary of household contentsAll-risk for valuables
Property Insurance (Standard Fire & Allied Perils)
Fire / Property
Standard property/fire policy covering buildings, machinery, furniture, stock and computers against fire and allied perils; rated per the Nepal Property Insurance Tariff 2076 by class of construction, occupancy and commodity.
Sum insured
Rs 5 lakh – Rs 100 crore
Policy term
1 yrs
Annual premium
Rs 0.75 / 1,000
Premium term
Annual (1-year policy)
Annual premium: Nepal Property Insurance Tariff 2076: ordinary residential/dwelling standard occupancy, ~Rs 0.75 per thousand on Rs 50,00,000 sum insured = ~Rs 3,750/yr base (excl. VAT). Industry-uniform tariff; rate varies Rs 0.5-2/thousand by occupancy/c
Standard property/fire policy covering buildings, machinery, furniture, stock and computers against fire and allied perils; rated per the Nepal Property Insurance Tariff 2076 by class of construction, occupancy and commodity.
Exclusions: War, nuclear perils, spontaneous combustion, wear & tear, consequential loss, willful negligence, electrical/mechanical breakdown of machinery (covered under engineering policy).
Medical Insurance (Health)
Medical / Health
Reimbursement of medical expenses from accidental injury and illness, treatment at home or hospital in Nepal, extendable to SAARC if treatment unavailable in Nepal; cashless at network hospitals.
Sum insured
Rs 1 lakh – Rs 20 lakh
Policy term
1 yrs
Entry age
0–65 yrs
Annual premium
Rs 15 / 1,000
Premium term
Annual (1-year policy)
Annual premium: Health premium is rated as a percentage of sum insured (around ~1.5% of SI for basic hospitalisation cover), rising with age and sum insured; e.g. Rs 1 lakh cover costs a few thousand rupees per year.
Reimbursement of medical expenses from accidental injury and illness, treatment at home or hospital in Nepal, extendable to SAARC if treatment unavailable in Nepal; cashless at network hospitals.
Riders: OPD coverCritical illnessAccidental death & disability
Covers cargo in marine, inland and air transit (ICC, ITC, ICC Air) against transit perils until safe arrival; in force since 2062 BS.
Sum insured
Rs 1 lakh – Rs 50 crore
Policy term
1 yrs
Annual premium
Rs 8.7 / 1,000
Premium term
Per voyage / single premium
Annual premium: NIA Motor Insurance Tariff 2073: 1000-1600cc private car, comprehensive, declared value Rs 15,00,000. 0.87% x 1,500,000 = Rs 13,050 + Rs 4,000 service charge = Rs 17,050 (base, excl. 13% VAT; ~Rs 19,300 incl. VAT). Tariff is industry-unifor
Covers cargo in marine, inland and air transit (ICC, ITC, ICC Air) against transit perils until safe arrival; in force since 2062 BS.
Riders: Institute War ClausesInstitute Strikes ClausesTheft/pilferage/non-delivery extension
Plan details
Exclusions: Ordinary wear & tear, inherent vice, insufficient packing, delay, war and strikes (unless add-on), willful misconduct of insured.
Micro Insurance Policy
Micro
Low-cost insurance for low-income households across personal/group accident, medical, household and micro-enterprise property.
Sum insured
Rs 5,000 – Rs 5 lakh
Policy term
1 yrs
Premium term
Annual (1-year policy)
Annual premium: Designed for very low premiums affordable to small-income households (regulator-capped micro tariffs, typically a few hundred to low-thousand rupees per year per cover).
Low-cost insurance for low-income households across personal/group accident, medical, household and micro-enterprise property.
Riders: Group extensionFamily floater
Plan details
Exclusions: Standard accident/property exclusions, pre-existing conditions, war, willful damage, losses above micro sum-insured caps.
Bundle of miscellaneous accident covers: burglary/housebreaking, money/cash-in-transit, fidelity guarantee, banker's indemnity, public & professional liability, workmen's compensation, student safety, baggage and personal accident.
Sum insured
Rs 25,000 – Rs 10 crore
Policy term
1 yrs
Annual premium
Rs 2.5 / 1,000
Premium term
Annual (1-year policy)
Annual premium: Each sub-cover separately rated per mille on sum insured / wage roll / liability limit; broadly ~Rs 1-5 per 1,000 for burglary/money, with workmen's comp rated on annual wages.
Bundle of miscellaneous accident covers: burglary/housebreaking, money/cash-in-transit, fidelity guarantee, banker's indemnity, public & professional liability, workmen's compensation, student safety, baggage and personal accident.
Riders: Cash-in-transit extensionWider liability limitGroup personal accident
Plan details
Exclusions: Inside-job dishonesty unless under fidelity, war, nuclear, willful acts, unattended money, liabilities outside policy scope.
Motor Insurance Policy
Motor
Comprehensive and third-party motor cover for motorcycles, private vehicles and commercial vehicles; priced per the NIA Motor Insurance Tariff Directive 2073 based on vehicle value, engine CC and age.
Sum insured
Rs 1 lakh – Rs 5 crore
Policy term
1 yrs
Annual premium
Rs 17,050/yr
Premium term
Annual (single premium, 1-year policy)
Annual premium: Private car comprehensive, declared value Rs 15,00,000, 1001-1600cc band; NIA Motor Tariff 2073 own-damage = 0.87% of value (Rs 13,050) + Rs 4,000 service charge. Excludes optional add-ons (flood/earthquake/strike) and pre-agent 10% direct-
Comprehensive and third-party motor cover for motorcycles, private vehicles and commercial vehicles; priced per the NIA Motor Insurance Tariff Directive 2073 based on vehicle value, engine CC and age.
Riders: Personal accident cover for passengersExtended PA for driver/ownerEnhanced third-party liability limit
Plan details
Exclusions: Driving without valid licence, drunk driving, wear & tear/depreciation, mechanical/electrical breakdown, use outside permitted geography, war and nuclear risks, consequential loss.
Travel Medical Insurance
Travel
Travel medical cover for Nepalese travelling abroad and foreign nationals; Plan A (medical + PA) and Plan B (package, benefits A-N) across four geographic areas including Schengen/worldwide.
Sum insured
Rs 65 lakh – Rs 1 crore
Policy term
1 yrs
Entry age
0–70 yrs
Premium term
Single premium per trip
Annual premium: Per-trip premium based on age, destination area and trip duration; broadly from ~USD 1-1.50 per day. Schengen-compliant cover offers minimum EUR 30,000-35,000 medical limit; common coverage limits USD 50,000-100,000.
Travel medical cover for Nepalese travelling abroad and foreign nationals; Plan A (medical + PA) and Plan B (package, benefits A-N) across four geographic areas including Schengen/worldwide.
Riders: Adventure sports coverHigher medical limitTrip cancellation add-on
Plan details
Exclusions: Pre-existing conditions, travel against medical advice, extreme/adventure sports unless covered, war zones, travel undertaken for treatment, self-inflicted injury.
About NLG
NLG traces its roots to National Life and General Insurance, incorporated in 1988; under the Insurance Act requirement to separate life and general business, its general insurance operations were carved out into a new company, NLG Insurance Company Ltd., incorporated in 2005. The company is ISO 9001:2015 certified and holds an ICRA Nepal issuer rating of [ICRANP-IR] A- (reaffirmed November 2024). It operates through around 80 branches across Nepal from its head office in Lazimpat, Kathmandu, with a paid-up capital reported at over Rs. 250 crore.
Deposit and loan rates effective Asar 2083, aggregated from the bank's published disclosures; card figures are indicative. Confirm with the bank before applying.
