Rastriya Beema Company Limited (RBCL) is the only fully Government of Nepal-owned non-life (general) insurance company, offering motor, property, marine, engineering, aviation, agriculture, health, travel and micro insurance.
18
Branches
—
ATMs
9
Products
Asar 2083
Effective
All policies & details (9)
Agriculture & Livestock Insurance
Agriculture
Covers crop and livestock losses from natural causes for farmers, with heavy government premium subsidy. Designed to mitigate financial risk to the agriculture sector.
Sum insured
Rs 10,000 – Rs 1 crore
Policy term
1 yrs
Annual premium
Rs 10,000/yr
Premium term
Single annual premium (subsidised)
Annual premium: Gross 5 pct of SI (Rs 50 per thousand); on Rs 10,00,000 SI gross Rs 50,000 with 80 pct govt subsidy farmer pays Rs 10,000/yr.
Covers crop and livestock losses from natural causes for farmers, with heavy government premium subsidy. Designed to mitigate financial risk to the agriculture sector.
Riders: Disease epidemic extensionTransit cover for livestock
Plan details
Exclusions: Death/loss due to insured's negligence or wilful act; pre-existing disease at inception; epidemic exclusions per policy terms; loss without proper identification (ear-tagging) of livestock.
Aviation Insurance
Aviation
Covers aeroplanes and helicopters against hull damage and liabilities, including passenger, crew, cargo and third-party legal liability.
Policy term
1 yrs
Annual premium
Rs 0.75 / 1,000
Premium term
Single annual premium
Annual premium: Tariff-derived estimate at ~Rs 0.75 per 1,000 sum insured on Rs 10,00,000 = Rs 750 (per-voyage/consignment, marine cargo rate band typically 0.5-1.0 per 1,000).
Covers aeroplanes and helicopters against hull damage and liabilities, including passenger, crew, cargo and third-party legal liability.
Riders: War & allied perils (aviation hull war)Hull deductible coverAviation personal accident
Plan details
Exclusions: War, hijacking and allied perils (unless separately covered); wear and tear; unlicensed pilots; flight outside permitted geographical limits; nuclear risks.
Protects construction and erection projects, plant, machinery and electronic equipment from feasibility/construction through commissioning and operation. Includes Contractor's All Risk (CAR), Erection All Risk (EAR), Plant & Machinery and Electronic Equipment insurance.
Sum insured
Rs 10 lakh – Rs 500 crore
Policy term
1–5 yrs
Annual premium
Rs 1 / 1,000
Premium term
Single premium for project period
Annual premium: Tariff-derived estimate at ~Rs 1.0 per 1,000 sum insured on Rs 10,00,000 = Rs 1,000/yr (engineering/CAR-EAR rate band typically 0.5-1.5 per 1,000 by project type).
Protects construction and erection projects, plant, machinery and electronic equipment from feasibility/construction through commissioning and operation. Includes Contractor's All Risk (CAR), Erection All Risk (EAR), Plant & Machinery and Electronic Equipment insurance.
Exclusions: Faulty design and defective material/workmanship (loss to defective items); normal wear and tear; consequential loss; war and nuclear risks; loss discovered only at inventory; penalties for delay.
Fire & Property Insurance
Fire / Property
Covers buildings (residential, office, factory, warehouse), plant, machinery, equipment, stock and household contents against fire, lightning, earthquake and allied perils. Standard Fire & Special Perils policy with optional extensions.
Sum insured
Rs 5 lakh – Rs 100 crore
Policy term
1 yrs
Annual premium
Rs 0.75 / 1,000
Premium term
Single annual premium
Annual premium: Rs 50,00,000 standard RCC residential dwelling; approximate Nepal Property Tariff 2076 basic fire rate about Rs 0.75 per thousand = about Rs 3,750/yr before earthquake/flood add-ons. APPROXIMATE.
Covers buildings (residential, office, factory, warehouse), plant, machinery, equipment, stock and household contents against fire, lightning, earthquake and allied perils. Standard Fire & Special Perils policy with optional extensions.
Riders: Earthquake (shock) coverRiot, Strike, Malicious Damage & TerrorismFlood/storm/cycloneBurglary & housebreakingLoss of rent / business interruption
Plan details
Exclusions: Buildings under construction; goods stored in open; flood from overflowing water apparatus or poor drainage; explosion of boilers/steam pipes/pressure apparatus; war, nuclear and consequential loss; spontaneous combustion unless extended.
Medical Aid (Health) Insurance
Medical / Health
Provides reimbursement of medical, hospitalisation and surgical expenses arising from illness or accident.
Sum insured
Rs 1 lakh – Rs 50 lakh
Policy term
1 yrs
Premium term
Single annual premium
Annual premium: Rs 1,00,000 sum insured, individual adult about age 30; about Rs 3,500/yr market reference. APPROXIMATE; RBCL has no published rate table.
Provides reimbursement of medical, hospitalisation and surgical expenses arising from illness or accident.
Exclusions: Pre-existing diseases (waiting period); cosmetic/elective procedures; self-inflicted injury; war and nuclear; treatment outside policy terms.
Marine Insurance (Cargo / Hull / Transit)
Marine
Covers loss or damage to ships (hull), cargo and goods in transit by sea, air or land during import/export and domestic carriage. Available on basic-cover or all-risk (Institute Cargo Clauses) basis.
Sum insured
Rs 1 lakh – Rs 50 crore
Policy term
1 yrs
Annual premium
Rs 2 / 1,000
Premium term
Per voyage / annual open cover
Annual premium: Per-shipment cargo on Rs 10,00,000 sum insured; tariff business, representative All-Risk about 0.2 pct (Rs 2 per thousand) = about Rs 2,000. APPROXIMATE range 0.1-0.5 pct.
Covers loss or damage to ships (hull), cargo and goods in transit by sea, air or land during import/export and domestic carriage. Available on basic-cover or all-risk (Institute Cargo Clauses) basis.
Riders: Institute War ClausesInstitute Strikes ClausesInland transit extensionWarehouse-to-warehouse cover
Plan details
Exclusions: Inherent vice and ordinary leakage/wear; insufficient/unsuitable packing; wilful misconduct of insured; delay; war and strikes unless specifically covered; ordinary loss in weight/volume.
Micro-Insurance (Crop & Cattle for low-income farmers)
Micro
Low-cost crop and cattle cover targeted at low-income and smallholder farmers, supported by government, providing basic protection at affordable premiums.
Sum insured
Rs 5,000 – Rs 5 lakh
Policy term
1 yrs
Annual premium
Rs 0.75 / 1,000
Premium term
Single annual premium (subsidised)
Annual premium: Tariff-derived estimate at ~Rs 0.75 per 1,000 sum insured on Rs 10,00,000 = Rs 750 (per-voyage/consignment, marine cargo rate band typically 0.5-1.0 per 1,000).
Low-cost crop and cattle cover targeted at low-income and smallholder farmers, supported by government, providing basic protection at affordable premiums.
Plan details
Exclusions: Negligence/wilful loss; pre-existing disease; losses beyond defined small sum-insured caps.
Motor Insurance (Motorcycle / Private / Commercial Vehicle)
Motor
Compensation for loss or damage to the insured vehicle due to accident, plus mandatory third-party liability for death/injury and property damage. Issued in three classes: motorcycle, private (four-wheeler), and commercial vehicle. Available as Third-Party-only (compulsory by law) or Comprehensive (own damage + third party).
Sum insured
Rs 1 lakh – Rs 1 crore
Policy term
1 yrs
Premium term
Single annual premium
Annual premium: Tariff-based (NIA Motor Tariff Directive 2073). THIRD-PARTY (post-2024 revised): motorcycle up to 150cc Rs 1,707, 151-250cc Rs 1,933, 251cc+ Rs 2,159; private car up to 1000cc Rs 7,356, 1001-1600cc Rs 8,487, 1601cc+ Rs 10,747 (minimum motorcycle TP fee ~R
Compensation for loss or damage to the insured vehicle due to accident, plus mandatory third-party liability for death/injury and property damage. Issued in three classes: motorcycle, private (four-wheeler), and commercial vehicle. Available as Third-Party-only (compulsory by law) or Comprehensive (own damage + third party).
Riders: Riot, Strike, Malicious Damage & Terrorism (RSMDST)Personal Accident cover for driver/ownerPassenger / occupant coverTowing and additional accessories cover
Plan details
Exclusions: War and nuclear risks; driving without valid licence; under influence of alcohol/drugs; consequential loss and normal wear/depreciation; mechanical/electrical breakdown; use outside permitted geographical area or contrary to vehicle limitations.
Travel Medical Insurance
Travel
Compensates for medical, hospital and surgical expenses incurred due to illness or accident during foreign travel; claims can be settled directly abroad through a claim-assistance/medical service provider.
Sum insured
Rs 65 lakh – Rs 1.3 crore
Policy term
1 yrs
Premium term
Single per-trip premium
Annual premium: Rs 1,00,000 sum insured, individual adult about age 30; about Rs 3,500/yr market reference. APPROXIMATE; RBCL has no published rate table.
Compensates for medical, hospital and surgical expenses incurred due to illness or accident during foreign travel; claims can be settled directly abroad through a claim-assistance/medical service provider.
Exclusions: Pre-existing conditions; high-risk/adventure sports unless extended; travel against medical advice; war and nuclear risks; non-medical losses unless added.
About Rastriya Beema
RBCL traces its origin to Rastriya Beema Sansthan, established on Poush 1, 2024 BS (1967) with Government of Nepal investment, which began non-life insurance business shortly after. Following the Insurance Act 2049 BS, the non-life business was reorganized into Rastriya Beema Company Limited, incorporated on Jestha 28, 2071 BS (May 2014), which obtained its non-life insurer license on Asar 27, 2071 BS and began operating from Sarawan 18, 2071 BS. It is the only non-life insurer wholly owned by the Government of Nepal and carries over 55 years of experience serving government ministries, public institutions, private businesses and the general public. Its head office is at RBCL Building, Ramshahpath, Kathmandu, with a branch network spanning all seven provinces of Nepal.
Deposit and loan rates effective Asar 2083, aggregated from the bank's published disclosures; card figures are indicative. Confirm with the bank before applying.
