Prabhu Mahalaxmi Life Insurance Limited is a Nepali life insurer formed from the merger of Prabhu Life Insurance and Mahalaxmi Life Insurance, offering endowment, term, whole-life, child and foreign-employment plans nationwide.
116
Branches
—
ATMs
9
Products
Asar 2083
Effective
All policies & details (9)
Jeevan Kiran Beema (Child Endowment Plan)
Child
Child-focused endowment plan building a savings corpus for a child's future with life cover and bonus.
Sum assured
Rs 5 lakh
Policy term
10–30 yrs
Entry age
0–16 yrs
Annual premium
Rs 30,550/yr
Premium term
Regular / Limited
Bonus
Rs 33-70 per 1,000 sum assured/yr (Child Jeevan Kiran)
Loan against policy
Yes
Annual premium: Live calculator API /calculate, plan code 106, child age 0-16 (used child DOB 2016-06-21 = age 10), Proposer/parent age 30 (ProposerDOB 1996-06-21), SA 500000, term 20, payTerm 20, mode Yearly. tableRate 61.1 x 500 = 30550. Note: priced on
Child-focused endowment plan building a savings corpus for a child's future with life cover and bonus.
Riders: Accidental Death BenefitPremium Waiver BenefitPermanent Total Disability
Plan details
Maturity benefit: Sum assured plus vested bonus paid for the child's benefit at maturity.
Surrender: Surrender value available; policy loan facility.
Exclusions: Suicide within first year and standard exclusions; rider-specific exclusions.
Sambridhha Jeevan Beema (Endowment Plan - Regular)
Endowment
Flagship participating endowment plan combining savings and life protection; pays sum assured plus vested bonus on maturity or death.
Sum assured
Rs 5 lakh
Policy term
5–52 yrs
Entry age
18–65 yrs
Maturity age
70 yrs
Annual premium
Rs 22,736/yr
Premium term
Regular (premium paying term equal to policy term)
Bonus
Rs 33-70 per 1,000 sum assured/yr (term-slab based, declared FY2082/83)
Loan against policy
Yes
Annual premium: Live calculator API /calculate, plan code 101 (Super Surakshit Beema - endowment), age 30, SA 500000, term 20, payTerm 20, mode Yearly. tableRate 47.51 x 500 = 23755.
Flagship participating endowment plan combining savings and life protection; pays sum assured plus vested bonus on maturity or death.
Riders: Accidental Death Benefit (up to NPR 10,000,000)Critical Illness Benefit (up to NPR 5,000,000)Permanent Total Disability (PTD)Premium Waiver Benefit (PWB)
Plan details
Maturity benefit: Full sum assured plus accrued/vested bonus paid on survival to maturity.
Surrender: Surrender value available; loan up to 90% of accrued surrender value after 3 full years' premium.
Exclusions: Standard exclusions including suicide within first policy year; rider-specific exclusions apply.
Sambridhha Jeevan Beema (Endowment Plan - Single)
Endowment
Single-premium variant of the Sambridhha Jeevan endowment plan; one lump-sum premium with maturity sum assured plus bonus.
Sum assured
Rs 5 lakh
Policy term
5–52 yrs
Entry age
18–65 yrs
Maturity age
70 yrs
Annual premium
Rs 2,85,850/yr
Premium term
Single
Bonus
Rs 33-70 per 1,000 sum assured/yr
Loan against policy
Yes
Annual premium: Live calculator API /calculate, plan code 101 (Super Surakshit Beema - endowment), age 30, SA 500000, term 20, payTerm 20, mode Yearly. tableRate 47.51 x 500 = 23755.
Single-premium variant of the Sambridhha Jeevan endowment plan; one lump-sum premium with maturity sum assured plus bonus.
Riders: Accidental Death BenefitCritical Illness BenefitPermanent Total DisabilityPremium Waiver Benefit
Plan details
Maturity benefit: Sum assured plus vested bonus at maturity.
Surrender: Surrender value available; policy loan against surrender value.
Exclusions: Suicide within first policy year and standard exclusions.
Super Surakshit Beema (Endowment Plan)
Endowment
Best-selling participating endowment plan with affordable premiums, lump-sum maturity payout, double accidental-death benefit and critical-illness cover.
Sum assured
Rs 5 lakh
Policy term
5–30 yrs
Entry age
18–65 yrs
Maturity age
70 yrs
Annual premium
Rs 23,755/yr
Premium term
Regular / Limited
Bonus
Rs 33-70 per 1,000 sum assured/yr (endowment band)
Loan against policy
Yes
Annual premium: Live calculator API /calculate, plan code 101, age 30, SA 500000, term 20, payTerm 20, mode Yearly. tableRate 47.51 x 500 = 23755.
Best-selling participating endowment plan with affordable premiums, lump-sum maturity payout, double accidental-death benefit and critical-illness cover.
Riders: Accidental Death Benefit (double sum assured, max NPR 10,000,000)Critical Illness Benefit (15 illnesses, max NPR 5,000,000)Permanent Total DisabilityPremium Waiver Benefit
Plan details
Maturity benefit: Lump-sum payout of sum assured plus earned bonuses at maturity.
Surrender: Surrender value available; policy loan facility.
Exclusions: Suicide within first policy year; critical-illness waiting period and rider exclusions apply.
Foreign Employment Term Insurance
Foreign Employment
Mandatory term life cover for Nepali migrant workers going abroad on foreign employment, sold under the government foreign-employment insurance scheme.
Sum assured
Rs 10 lakh
Policy term
1–7 yrs
Entry age
18–64 yrs
Premium term
Single (for the contract/labour-permit period)
Mandatory term life cover for Nepali migrant workers going abroad on foreign employment, sold under the government foreign-employment insurance scheme.
Riders: Accidental death / disability cover (per government scheme)
Plan details
Maturity benefit: Term cover only - benefit payable on death/disability of the migrant worker during the foreign employment period.
Surrender: No surrender value (short-term mandatory term cover).
Exclusions: Per government foreign-employment scheme conditions; standard exclusions.
Mahalaxmi Barshik Dhanfirta Beema (Anticipated/Money Back Plan)
Money-back
Anticipated endowment / money-back plan returning 5% of sum assured each year plus the balance with bonus at maturity, with double life cover throughout the term.
Sum assured
Rs 5 lakh
Policy term
5–20 yrs
Entry age
18–65 yrs
Maturity age
70 yrs
Annual premium
Rs 37,870/yr
Premium term
Regular
Bonus
Rs 35 per 1,000 sum assured/yr (flat)
Loan against policy
Yes
Annual premium: Live calculator API /calculate, plan code 201, age 30, SA 500000, term 20, payTerm 20, mode Yearly. tableRate 75.74 x 500 = 37870.
Anticipated endowment / money-back plan returning 5% of sum assured each year plus the balance with bonus at maturity, with double life cover throughout the term.
Riders: Accidental Death BenefitPermanent Total DisabilityPremium Waiver Benefit
Plan details
Maturity benefit: Remaining sum assured (after periodic 5% payouts) plus full-term bonus paid at maturity.
Surrender: Surrender value available; policy loan facility.
Exclusions: Suicide within first year; payouts conditional on policy being in force.
Term plan with return-of-investment feature - provides term life cover and returns premiums/invested amount at the end of the term.
Sum assured
Rs 5 lakh
Policy term
10–20 yrs
Entry age
18–60 yrs
Maturity age
70 yrs
Annual premium
Rs 3,450/yr
Premium term
Regular / Limited
Bonus
Term band Rs 33-70 per 1,000 (declared for term/advance-payment term products)
Annual premium: Live calculator API /calculate, plan code 13, age 30, SA 500000, term 20, payTerm 20, mode Yearly. tableRate 6.9 x 500 = 3450.
Term plan with return-of-investment feature - provides term life cover and returns premiums/invested amount at the end of the term.
Riders: Accidental Death BenefitPermanent Total DisabilityPremium Waiver Benefit
Plan details
Maturity benefit: Return of invested/premium amount at end of term (return-of-premium term feature).
Surrender: Limited surrender value reflecting return-of-premium structure.
Exclusions: Suicide within first policy year; standard exclusions.
Jeevan Surakshya Beema (Term Life Plan)
Term
Low-cost non-participating term life plan paying the sum assured to the nominee on death during the term.
Sum assured
Rs 5 lakh
Policy term
5–30 yrs
Entry age
18–65 yrs
Maturity age
70 yrs
Annual premium
Rs 1,825/yr
Premium term
Regular
Bonus
Non-participating (no bonus) for core cover; company term plans declared Rs 33-70 band where participating variant applies
Annual premium: Live calculator API /calculate, plan code 502, age 30, SA 500000, term 20, payTerm 20, mode Yearly. tableRate 3.65 x 500 = 1825.
Low-cost non-participating term life plan paying the sum assured to the nominee on death during the term.
Riders: Accidental Death Benefit (ADB)Permanent Total Disability (PTD)Premium Waiver Benefit (PWB)
Plan details
Maturity benefit: Pure protection - typically no maturity benefit (sum assured paid only on death during term).
Surrender: No/limited surrender value (pure term).
Exclusions: Suicide within first policy year; standard term exclusions.
Amulya Jeevan Beema (Endowment cum Whole Life Plan)
Whole Life
Endowment-cum-whole-life plan providing lifelong protection with bonus accumulation and a survival/maturity payout.
Sum assured
Rs 1 lakh – Rs 5 crore
Policy term
5–59 yrs
Entry age
11–65 yrs
Premium term
Regular / Limited
Bonus
Rs 38-73 per 1,000 sum assured/yr (endowment and whole-life variants)
Loan against policy
Yes
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
Endowment-cum-whole-life plan providing lifelong protection with bonus accumulation and a survival/maturity payout.
Riders: Accidental Death BenefitCritical Illness BenefitPermanent Total DisabilityPremium Waiver Benefit
Plan details
Maturity benefit: Sum assured plus accrued bonus; whole-life cover continues with bonus accumulation.
Surrender: Surrender value available after qualifying period; policy loan available.
Exclusions: Suicide within first year and standard whole-life exclusions.
About Prabhu Mahalaxmi
Prabhu Mahalaxmi Life Insurance Limited was created through the strategic merger of Prabhu Life Insurance and Mahalaxmi Life Insurance, with a 1:1 share swap; the merged entity began joint transactions from Ashad 29, 2080 BS (June 2023) after final approval from the Nepal Insurance Authority. The company is headquartered at Shanti Marg, Kamaladi, Kathmandu and operates across all seven provinces of Nepal through roughly 116-140 branches and offices supported by tens of thousands of agents. It is listed on the Nepal Stock Exchange under the symbol PMLI, with paid-up capital of about Rs 4.72 Arba (as of Chaitra-end 2081 BS). It provides a range of participating endowment, anticipated endowment, whole-life, term, child and foreign-employment life insurance products.
Deposit and loan rates effective Asar 2083, aggregated from the bank's published disclosures; card figures are indicative. Confirm with the bank before applying.
