Sanima GIC Insurance Limited is a Nepali non-life (general) insurance company offering motor, property, marine, engineering, agriculture, travel, accident/medical and miscellaneous insurance products.
50
Branches
—
ATMs
9
Products
Asar 2083
Effective
All policies & details (9)
Cattle & Crops (Agriculture) Insurance
Agriculture
Government-supported agriculture insurance covering livestock (cattle, poultry, fishery) and crops/vegetables against fire, natural disasters, pests and disease.
Sum insured
Rs 10,000 – Rs 50 lakh
Policy term
1 yrs
Annual premium
Rs 25,000/yr
Premium term
Annual (subsidized)
Annual premium: Comprehensive own-damage + third-party on a Rs 15,00,000 private car at NIA Motor Tariff Directive 2073 rate (~0.84% of declared value up to Rs 20 lakh = ~Rs 12,600 base) plus ~Rs 3,000 service charge, TP premium and standard add-ons; befor
Government-supported agriculture insurance covering livestock (cattle, poultry, fishery) and crops/vegetables against fire, natural disasters, pests and disease.
Suite of engineering covers: Contractors All Risk, Erection All Risk, Contractor's Plant & Machinery and Electronic Equipment Insurance for construction and installation projects.
Sum insured
Rs 5 lakh – Rs 500 crore
Policy term
1 yrs
Premium term
Single premium for project period
Annual premium: Project-rated as a percentage of contract/project value over the construction or erection period (typically a few per-mille of project value), varying by project type, duration and risk.
Suite of engineering covers: Contractors All Risk, Erection All Risk, Contractor's Plant & Machinery and Electronic Equipment Insurance for construction and installation projects.
Riders: Third-party liability extensionMaintenance period coverSurrounding property coverEarthquake/flood extension
Plan details
Exclusions: Faulty design, wear and tear, consequential loss, war/nuclear, penalties for delay, normal maintenance costs
Property / Fire Insurance
Fire / Property
Covers buildings, contents, stock and machinery against fire and allied perils; rated per Nepal Property Insurance Tariff 2076 by construction class, occupancy and commodity type.
Sum insured
Rs 1 lakh – Rs 100 crore
Policy term
1 yrs
Annual premium
Rs 1 / 1,000
Premium term
Annual (1-year policy)
Annual premium: Rs 50,00,000 building, standard/private-dwelling occupancy at ~Re 1.00 per 1,000 (~0.10%) standard fire tariff rate. Range Rs 2,500-5,000 depending on construction class and occupancy.
Covers buildings, contents, stock and machinery against fire and allied perils; rated per Nepal Property Insurance Tariff 2076 by construction class, occupancy and commodity type.
Exclusions: War, nuclear perils, willful negligence, consequential loss, spontaneous fermentation/heating, normal cracking/settlement, perils not specifically insured
Medical (Hospitalization) Insurance
Medical / Health
Group medical insurance covering hospitalization, surgical, domiciliary, dental and optical expenses (group only, individual excluded).
Sum insured
Rs 1 lakh – Rs 50 lakh
Policy term
1 yrs
Premium term
Annual group premium
Annual premium: SGIC live travel calculator: 30-day trip, Plan A Standard (Worldwide excluding USA & Canada), Medical-Only cover, adult age 30 = USD 41 = NPR 5,453 premium (NPR 6,184 total incl VAT + Rs 20 stamp at NPR 133/USD). This is a per-trip 30-day p
Group medical insurance covering hospitalization, surgical, domiciliary, dental and optical expenses (group only, individual excluded).
Covers death and disability from accidents including minor/major injury, temporary disability affecting earning capacity, and accidental death benefit; includes trekking/expedition PA cover.
Sum insured
Rs 1 lakh – Rs 1 crore
Policy term
1 yrs
Annual premium
Rs 1 / 1,000
Premium term
Annual
Annual premium: Rs 50,00,000 building, standard/private-dwelling occupancy at ~Re 1.00 per 1,000 (~0.10%) standard fire tariff rate. Range Rs 2,500-5,000 depending on construction class and occupancy.
Covers death and disability from accidents including minor/major injury, temporary disability affecting earning capacity, and accidental death benefit; includes trekking/expedition PA cover.
Riders: Medical expenses extensionGroup personal accidentTrekking/expedition extension
Plan details
Exclusions: Suicide/self-injury, war, pre-existing disability, illness (non-accident), influence of alcohol/drugs, hazardous activities unless declared
Marine Transit Insurance
Marine
Covers imports/exports and inland transit of goods from origin warehouse to final destination; cover scope governed by Institute Cargo Clauses attached.
Sum insured
Rs 50,000 – Rs 50 crore
Policy term
1 yrs
Annual premium
Rs 1.5 / 1,000
Premium term
Per transit / annual open cover
Annual premium: Rated as a small percentage of consignment value depending on ICC clause (A/B/C), cargo type, route and conveyance — typically ~Rs 0.50-3.00 per 1,000 sum insured per transit.
Covers imports/exports and inland transit of goods from origin warehouse to final destination; cover scope governed by Institute Cargo Clauses attached.
Basket of general covers: burglary & housebreaking, money/cash-in-transit, fidelity guarantee, professional/public/product liability, bankers blanket, workmen compensation and all-risks.
Sum insured
Rs 50,000 – Rs 10 crore
Policy term
1 yrs
Premium term
Annual (1-year policy)
Annual premium: Each sub-cover rated separately per 1,000 sum insured by risk type — generally low single-digit rates per 1,000 (e.g. burglary, money, fidelity); workmen compensation rated on wage roll.
Basket of general covers: burglary & housebreaking, money/cash-in-transit, fidelity guarantee, professional/public/product liability, bankers blanket, workmen compensation and all-risks.
Exclusions: War/nuclear, willful default, consequential loss, dishonesty by insured, perils not specifically insured
Motor Insurance (Motorcycle & Private Car)
Motor
Comprehensive and third-party motor cover for two-wheelers and private cars; covers own damage, theft, fire, natural calamity and third-party liability. Premiums follow NIA Motor Tariff Directive 2073.
Sum insured
Rs 50,000 – Rs 1 crore
Policy term
1 yrs
Annual premium
Rs 15 / 1,000
Premium term
Annual (single premium, 1-year policy)
Annual premium: SGIC live calculator: 150cc motorcycle, Rs 3,00,000 sum insured, comprehensive = Normal/own-damage premium NPR 4,500 + Third Party NPR 1,700 = NPR 6,200 base (NPR 7,026 incl 13% VAT + Rs 20 stamp).
Comprehensive and third-party motor cover for two-wheelers and private cars; covers own damage, theft, fire, natural calamity and third-party liability. Premiums follow NIA Motor Tariff Directive 2073.
Exclusions: Wear and tear, mechanical/electrical breakdown, driving without valid licence, under influence of alcohol/drugs, use outside geographical area, consequential loss, war and nuclear risks
Travel Medical Insurance
Travel
Single onward-and-return trip cover for medical and non-medical emergencies abroad for a fixed duration.
Sum insured
Rs 33.25 lakh – Rs 1.33 crore
Policy term
1 yrs
Entry age
5–70 yrs
Premium term
Single premium per trip
Annual premium: SGIC live travel calculator: 30-day trip, Plan A Standard (Worldwide excluding USA & Canada), Medical-Only cover, adult age 30 = USD 41 = NPR 5,453 premium (NPR 6,184 total incl VAT + Rs 20 stamp at NPR 133/USD). This is a per-trip 30-day p
Single onward-and-return trip cover for medical and non-medical emergencies abroad for a fixed duration.
Riders: Adventure/trekking sports extensionHigher medical sum insured option
Plan details
Exclusions: Pre-existing conditions, self-inflicted injury, travel against medical advice, hazardous sports unless covered, claims outside policy period
About Sanima GIC
Sanima GIC Insurance Limited was formed through the merger of Sanima General Insurance Limited and General Insurance Company Nepal Limited, with joint operations commencing on October 24, 2022 (Kartik 7, 2079 BS) at a 1:1 share swap ratio. The merger combined two companies (each with Rs 100 crore paid-up capital) to meet the Nepal Insurance Authority's minimum capital requirement, and the company is associated with the Sanima group. It operates with over 400 staff and more than 50 branches across Nepal, with a promoter-to-public share structure of 51:49. The company is listed on NEPSE under the symbol SGIC and underwrites general insurance lines including property, motor, marine and engineering.
Deposit and loan rates effective Asar 2083, aggregated from the bank's published disclosures; card figures are indicative. Confirm with the bank before applying.
