Rastriya Jeevan Beema Company Limited is Nepal's first and only state-owned life insurance company, offering a full range of endowment, term, whole-life, money-back, child and group life plans.
23
Branches
—
ATMs
13
Products
Asar 2083
Effective
All policies & details (13)
Bal Umang Chhori Beema Lekh
Child
Endowment plan for daughters, launched with local governments to support health and education of girls from underprivileged families; pays a lump-sum maturity benefit when the girl reaches age 18.
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
Endowment plan for daughters, launched with local governments to support health and education of girls from underprivileged families; pays a lump-sum maturity benefit when the girl reaches age 18.
Plan details
Maturity benefit: Lump-sum maturity benefit when the insured daughter reaches age 18, for education and welfare
Exclusions: Eligibility limited to qualifying daughters/families per scheme rules; standard non-disclosure exclusions
Children's Marriage and Education Endowment Life Assurance
Child
Endowment plan taken by a parent/proposer on a child to build a guaranteed fund for the child's education and marriage, with a premium-waiver safeguard if the proposer dies.
Sum assured
Rs 5 lakh
Policy term
10–25 yrs
Entry age
0–15 yrs
Maturity age
25 yrs
Annual premium
Rs 23,585/yr
Premium term
Regular / Limited
Bonus
Rs 60 per 1,000 sum assured per year (FY 2080/81)
Loan against policy
Yes
Annual premium: Official rbs.gov.np premium calculator: age 30, SA Rs 5,00,000, 20-yr term, 20-yr paying term, annual mode (exact standard profile)
Endowment plan taken by a parent/proposer on a child to build a guaranteed fund for the child's education and marriage, with a premium-waiver safeguard if the proposer dies.
Riders: Premium Waiver Benefit (on death of proposer)Accidental Death Benefit
Plan details
Maturity benefit: Lump-sum (sum assured plus bonuses) at maturity timed to the child's higher education / marriage
Surrender: Surrender value after 3 full policy years and 3 premiums
Exclusions: Suicide within first policy year (where life cover applies to proposer); fraud / non-disclosure
Children's Plan 'Watsalya'
Child
Anticipated-endowment child plan: the child is the insured; from the policy anniversary after age 16, 20% of sum assured is paid each year for 5 years, with accrued bonus paid as a lump sum after age 22.
Sum assured
Rs 5 lakh
Policy term
16–22 yrs
Entry age
0–8 yrs
Maturity age
22 yrs
Annual premium
Rs 23,250/yr
Premium term
Regular / Limited
Bonus
Rs 65 per 1,000 sum assured per year (all policy periods)
Loan against policy
Yes
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
Anticipated-endowment child plan: the child is the insured; from the policy anniversary after age 16, 20% of sum assured is paid each year for 5 years, with accrued bonus paid as a lump sum after age 22.
Riders: Premium Waiver Benefit (extra premium, on death of proposer)
Plan details
Maturity benefit: 20% of sum assured paid annually for 5 consecutive years from the anniversary after the child turns 16; accrued bonus paid as lump sum at the anniversary after age 22
Surrender: Surrender value after 3 full policy years; loan up to 90% of surrender value after 3 years
Exclusions: Fraud / non-disclosure; standard child-plan conditions
Endowment Life Assurance
Endowment
Core individual savings-plus-protection plan: pays sum assured plus vested bonuses on maturity, or sum assured plus accrued bonus on death within the term. Available on limited-pay terms.
Rs 60 per 1,000 sum assured per year (FY 2080/81; reversionary, varies with actuarial valuation)
Loan against policy
Yes
Annual premium: Official rbs.gov.np premium calculator: age 30, SA Rs 5,00,000, 20-yr term, 20-yr paying term, annual mode (exact standard profile, no scaling)
Core individual savings-plus-protection plan: pays sum assured plus vested bonuses on maturity, or sum assured plus accrued bonus on death within the term. Available on limited-pay terms.
Riders: Accidental Death BenefitPermanent Total DisabilityPremium Waiver Benefit
Plan details
Maturity benefit: Sum assured plus all vested/accrued bonuses paid as lump sum on survival to end of term
Surrender: Acquires surrender value after 3 full policy years and 3 full premiums; surrender value approx 80% of premiums paid (excluding rider premiums) plus vested bonus thereafter
Exclusions: Suicide within the first policy year; death due to non-disclosure/fraud or breach of policy conditions
Group Endowment Life Assurance (incl. Rastra Sewak / Public Servants Collective Endowment)
Endowment
Group savings-plus-protection endowment for organisations and government employees (Rastra Sewak), combining life cover with maturity benefits; premiums often via salary deduction and structured by group size/risk.
Sum assured
Rs 5 lakh
Policy term
5–25 yrs
Entry age
16–60 yrs
Maturity age
60 yrs
Annual premium
Rs 24,845/yr
Premium term
Regular (often via salary deduction for public servants)
Bonus
Rs 60 per 1,000 sum assured per year (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".
Group savings-plus-protection endowment for organisations and government employees (Rastra Sewak), combining life cover with maturity benefits; premiums often via salary deduction and structured by group size/risk.
Riders: Accidental Death BenefitPermanent Total Disability
Plan details
Maturity benefit: Sum assured plus vested bonuses at maturity/retirement; death cover during service
Surrender: Per group policy terms; surrender value typically after 3 years
Exclusions: Suicide within first policy year; fraud / non-disclosure; standard group eligibility conditions
Jeevan Bandhu (Double Benefit Life Insurance Plan)
Endowment
Flagship double-benefit plan combining endowment and whole-life features: pays a benefit at end of term if the insured survives and a further benefit to nominees on death, so coverage continues beyond the term.
Sum assured
Rs 5 lakh
Policy term
10–25 yrs
Entry age
11–65 yrs
Maturity age
70 yrs
Annual premium
Rs 27,146/yr
Premium term
Limited / Regular
Bonus
Rs 60 per 1,000 sum assured per year (FY 2080/81)
Loan against policy
Yes
Annual premium: Official rbs.gov.np premium calculator: age 30, SA Rs 5,00,000, 20-yr term, 20-yr paying term, annual mode (exact standard profile)
Flagship double-benefit plan combining endowment and whole-life features: pays a benefit at end of term if the insured survives and a further benefit to nominees on death, so coverage continues beyond the term.
Riders: Accidental Death BenefitPermanent Total DisabilityPremium Waiver Benefit
Plan details
Maturity benefit: Benefit payable at end of policy term on survival; coverage and a further death benefit continue to the nominee beyond the term (double benefit)
Surrender: Surrender value after 3 full policy years and 3 premiums; loan up to 90% of surrender value
Exclusions: Suicide within first policy year; material non-disclosure or fraud
Jeevan Surakshya
Endowment
Endowment-class protection-and-savings plan; one of the company's named individual endowment variants providing maturity payout with bonus plus death cover during the term.
Sum assured
Rs 5 lakh
Policy term
10–25 yrs
Entry age
16–65 yrs
Maturity age
70 yrs
Annual premium
Rs 23,251/yr
Premium term
Limited / Regular
Bonus
Rs 60 per 1,000 sum assured per year (FY 2080/81)
Loan against policy
Yes
Annual premium: Official rbs.gov.np premium calculator: age 30, SA Rs 5,00,000, 20-yr term, 20-yr paying term, annual mode (exact standard profile)
Endowment-class protection-and-savings plan; one of the company's named individual endowment variants providing maturity payout with bonus plus death cover during the term.
Riders: Accidental Death BenefitPermanent Total DisabilityPremium Waiver Benefit
Plan details
Maturity benefit: Sum assured plus vested bonuses on survival to maturity
Surrender: Surrender value after 3 full policy years and 3 premiums
Exclusions: Suicide within first policy year; fraud / non-disclosure
Joint Life Plan (Jeevan Sathi)
Endowment
Single endowment policy covering two lives (typically husband and wife, both gainfully employed); one policy, one premium covers the couple, with sum assured plus bonus paid on death of either/both or at maturity.
Sum assured
Rs 5 lakh
Policy term
5–20 yrs
Entry age
18–65 yrs
Maturity age
70 yrs
Annual premium
Rs 24,845/yr
Premium term
Regular (yearly / half-yearly / quarterly)
Bonus
Rs 60 per 1,000 sum assured per year (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".
Single endowment policy covering two lives (typically husband and wife, both gainfully employed); one policy, one premium covers the couple, with sum assured plus bonus paid on death of either/both or at maturity.
Riders: Accidental Death BenefitPremium Waiver Benefit
Plan details
Maturity benefit: Sum assured plus vested bonuses on survival; on death of both lives during term, full sum assured plus vested bonus to nominee
Surrender: Loan/paid-up available after policy acquires surrender value (after 3 years)
Exclusions: Suicide within first policy year; fraud or non-disclosure
Foreign Employment Plan (Baideshik Rojgar Jeevan Beema Yojana)
Foreign Employment
Mandatory term-style cover for Nepali migrant workers going abroad, providing protection against death, disability and related risks during the foreign-employment period; regulatory code NIA/LI010/2074/075/TEP/0065.
Sum assured
Rs 5 lakh
Policy term
1–6 yrs
Entry age
18–64 yrs
Premium term
Single (one-time, for the contract/employment period)
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
Mandatory term-style cover for Nepali migrant workers going abroad, providing protection against death, disability and related risks during the foreign-employment period; regulatory code NIA/LI010/2074/075/TEP/0065.
Maturity benefit: None — pure term/risk cover for the foreign-employment period
Surrender: None (single-premium term cover)
Exclusions: Death from causes excluded under foreign-employment policy (e.g. self-inflicted, certain war/conflict zones, drug/alcohol-related per terms)
Micro Insurance (Laghu Beema)
Micro
Low-cost, simplified life cover aimed at low-income and rural households, with small sum-assured limits and minimal underwriting in line with Nepal Insurance Authority micro-insurance directives.
Sum assured
Rs 5 lakh
Policy term
5–15 yrs
Entry age
18–60 yrs
Maturity age
65 yrs
Annual premium
Rs 1,375/yr
Premium term
Regular (low frequency, small premiums)
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
Low-cost, simplified life cover aimed at low-income and rural households, with small sum-assured limits and minimal underwriting in line with Nepal Insurance Authority micro-insurance directives.
Plan details
Maturity benefit: Small lump-sum or return-of-premium type benefit per the specific micro product
Surrender: Limited, per micro-insurance rules
Exclusions: Suicide within first policy year; fraud / non-disclosure; standard micro-policy conditions
Anticipated Endowment Life Assurance (Money Back Plan)
Money-back
Money-back endowment paying periodic survival benefits (instalments of the sum assured) during the term plus the balance with bonus at maturity, while full sum assured plus bonus is paid on death regardless of survival benefits already received.
Sum assured
Rs 5 lakh
Policy term
12–20 yrs
Entry age
16–60 yrs
Maturity age
70 yrs
Annual premium
Rs 30,600/yr
Premium term
Regular
Bonus
Rs 60 per 1,000 sum assured per year (FY 2080/81)
Loan against policy
Yes
Annual premium: Official rbs.gov.np premium calculator: age 30, SA Rs 5,00,000, 20-yr term, 20-yr paying term, annual mode (exact standard profile)
Money-back endowment paying periodic survival benefits (instalments of the sum assured) during the term plus the balance with bonus at maturity, while full sum assured plus bonus is paid on death regardless of survival benefits already received.
Riders: Accidental Death BenefitPermanent Total DisabilityPremium Waiver Benefit
Plan details
Maturity benefit: Periodic survival benefits (instalments of sum assured, e.g. 20% at fixed intervals) during the term, with the remaining sum assured plus accrued bonus at maturity
Surrender: Surrender/paid-up value after 3 full policy years; loan up to 90% of surrender value after 3 years
Exclusions: Suicide within first policy year; fraud / non-disclosure
Term Life Assurance
Term
Pure protection plan providing high life cover for a chosen term at low premium; pays the sum assured to nominees on death within the term, with no maturity/savings value on survival.
Sum assured
Rs 5 lakh
Policy term
5–20 yrs
Entry age
16–60 yrs
Maturity age
70 yrs
Annual premium
Rs 1,375/yr
Premium term
Regular / Single
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
Pure protection plan providing high life cover for a chosen term at low premium; pays the sum assured to nominees on death within the term, with no maturity/savings value on survival.
Riders: Accidental Death BenefitPermanent Total Disability
Plan details
Maturity benefit: None — pure term cover, no survival/maturity payout
Surrender: Generally none (pure protection, no cash value)
Exclusions: Suicide within first policy year; death from undisclosed pre-existing conditions, war, or hazardous activities per policy terms
Whole Life Assurance Plan
Whole Life
Lifelong protection plan that pays the sum assured plus accrued bonuses to nominees on death whenever it occurs, with limited or regular premium-paying options; lowest premium per unit of permanent cover.
Sum assured
Rs 25,000
Entry age
16–60 yrs
Maturity age
100 yrs
Premium term
Limited / Regular (premiums commonly payable to a fixed age)
Bonus
Rs 60 per 1,000 sum assured per year (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".
Lifelong protection plan that pays the sum assured plus accrued bonuses to nominees on death whenever it occurs, with limited or regular premium-paying options; lowest premium per unit of permanent cover.
Riders: Accidental Death BenefitPermanent Total Disability
Plan details
Maturity benefit: No fixed maturity payout; sum assured plus vested bonuses paid to nominee on death (or at a notional age such as 100 if survived)
Surrender: Surrender value after 3 full policy years; loan up to 90% of surrender value after 3 years
Exclusions: Suicide within first policy year; fraud / non-disclosure
About Rastriya Jeevan
Established in 1967 as Rastriya Beema Sansthan, it was Nepal's first insurance company and originally sold both life and non-life insurance until the Insurance Act 2049 B.S. restricted it to life business; it was later restructured into Rastriya Jeevan Beema Company Limited. It is wholly owned and operated by the Government of Nepal. The company operates through 23 organized branches across Nepal with a network of around 2,255 agents and reports more than 571,677 policyholders. Its head office is at Ramshahpath, Kathmandu (also referenced at Singha Durbar Plaza, Kathmandu).
Deposit and loan rates effective Asar 2083, aggregated from the bank's published disclosures; card figures are indicative. Confirm with the bank before applying.
