Sanima Reliance Life Insurance Ltd. is a public limited Nepali life insurer formed from the merger of Sanima Life Insurance and Reliance Life Insurance, promoted by Sanima Bank and Siddhartha Bank.
175
Branches
—
ATMs
17
Products
Asar 2083
Effective
All policies & details (17)
Mero Mutu (Child) Plan - Regular
Child
Participating child plan with proposer waiver; provides income on proposer death and sum assured plus bonus at child's maturity.
Sum assured
Rs 50,000
Policy term
10–27 yrs
Entry age
0–17 yrs
Maturity age
27 yrs
Premium term
Regular (Yearly/Half-yearly/Quarterly)
Bonus
Rs 30-75 per 1,000 sum assured/yr (FY 2081/82)
Loan against policy
Yes
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
Participating child plan with proposer waiver; provides income on proposer death and sum assured plus bonus at child's maturity.
Riders: Permanent Total Disability (embedded; waives future premiums)Critical Illness (optional)
Plan details
Maturity benefit: Sum Assured plus declared & vested bonus when child reaches maturity.
Mero Mutu (Child) Plan - Single
Child
Single-premium participating child plan; premiums fixed at inception with proposer income benefit and child maturity benefit.
Sum assured
Rs 50,000
Policy term
10–27 yrs
Entry age
0–17 yrs
Maturity age
27 yrs
Premium term
Single
Bonus
Rs 30-75 per 1,000 sum assured/yr (FY 2081/82)
Loan against policy
Yes
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
Single-premium participating child plan; premiums fixed at inception with proposer income benefit and child maturity benefit.
Riders: Permanent Total Disability (embedded; 1% monthly income)Critical Illness (optional)
Plan details
Maturity benefit: Sum Assured plus declared & vested bonus when child reaches maturity.
Group Endowment Assurance Policy
Endowment
Group endowment plan for organisations; pays sum assured plus bonus on maturity or earlier death of covered members.
Sum assured
Rs 5 lakh
Entry age
18–65 yrs
Annual premium
Rs 28,800/yr
Premium term
Regular (group)
Bonus
Rs 20 per 1,000 sum assured/yr (FY 2081/82)
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
Group endowment plan for organisations; pays sum assured plus bonus on maturity or earlier death of covered members.
Riders: Accidental Death BenefitPermanent Total Disability
Plan details
Maturity benefit: Sum Assured plus declared & vested bonus on maturity.
Joint Life Endowment Assurance Policy (Dampati)
Endowment
Joint endowment covering both spouses; first death pays sum assured, second death/maturity pays sum assured plus vested bonus.
Sum assured
Rs 5 lakh
Policy term
15–30 yrs
Entry age
21–50 yrs
Maturity age
70 yrs
Annual premium
Rs 28,800/yr
Premium term
Regular (Yearly/Half-yearly/Quarterly)
Bonus
Rs 20-30 per 1,000 sum assured/yr (FY 2081/82)
Loan against policy
Yes
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
Joint endowment covering both spouses; first death pays sum assured, second death/maturity pays sum assured plus vested bonus.
Riders: Accidental Death Benefit (up to Rs 1,00,00,000)Permanent Total Disability (up to Rs 1,00,00,000, 120 monthly installments)Critical Illness (up to Rs 50,00,000)
Plan details
Maturity benefit: Sum Assured plus declared & vested bonus if either or both spouses survive to maturity.
Rs 35-70 per 1,000 sum assured/yr regular; Rs 35-65 single (FY 2081/82)
Loan against policy
Yes
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
Simple participating endowment plan paying sum assured plus vested bonus at maturity or on earlier death.
Riders: Accidental Death Benefit (up to Rs 1,00,00,000)Permanent Total Disability (up to Rs 1,00,00,000, 120 monthly installments)Premium Waiver BenefitCritical Illness (up to Rs 50,00,000)
Plan details
Maturity benefit: Sum Assured plus declared & vested bonus on survival to maturity.
Sunishchit Pratiphal Assurance Plan
Endowment
Short premium-paying guaranteed maturity multiplier endowment; pay for 5 or 7 years and receive a multiple of total premiums at maturity.
Policy term
16–20 yrs
Entry age
18–44 yrs
Maturity age
60 yrs
Premium term
Limited (5 or 7 years)
Loan against policy
Yes
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
Short premium-paying guaranteed maturity multiplier endowment; pay for 5 or 7 years and receive a multiple of total premiums at maturity.
Riders: Accidental Death Benefit (SA or Rs 1,00,00,000, whichever lower)Permanent Total Disability (SA or Rs 1,00,00,000, 120 monthly installments)Critical Illness (SA or Rs 50,00,000, whichever lower)
Plan details
Maturity benefit: Total premiums received x maturity multiplier: 2x for 16-yr term, 2.5x for 20-yr term.
Triple Endowment Assurance Policy (Subha Laxmi)
Endowment
Endowment plan paying double sum assured on death and single sum assured at maturity, both with vested bonus.
Sum assured
Rs 5 lakh
Policy term
10–52 yrs
Entry age
18–60 yrs
Maturity age
70 yrs
Annual premium
Rs 28,800/yr
Premium term
Regular (Yearly/Half-yearly/Quarterly)
Bonus
Rs 20-30 per 1,000 sum assured/yr (FY 2081/82)
Loan against policy
Yes
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
Endowment plan paying double sum assured on death and single sum assured at maturity, both with vested bonus.
Riders: Accidental Death Benefit (SA or Rs 1,00,00,000, whichever lower)Permanent Total Disability (SA or Rs 1,00,00,000, 120 monthly installments)Critical Illness
Plan details
Maturity benefit: One times Sum Assured plus declared & vested bonus.
Micro Term Assurance
Micro
One-year single-premium micro term plan for low-income segments; small sum assured with optional funeral benefit.
Sum assured
Rs 5 lakh
Policy term
1 yrs
Entry age
18–60 yrs
Maturity age
61 yrs
Annual premium
Rs 35,605/yr
Premium term
Single
One-year single-premium micro term plan for low-income segments; small sum assured with optional funeral benefit.
Riders: Accidental Death Benefit (SA or Rs 1,00,00,000, whichever lower)Permanent Total Disability (SA or Rs 1,00,00,000, 120 monthly installments)Funeral Benefit (up to 40% of SA, max Rs 25,000)
Plan details
Maturity benefit: Nil.
Annual Money Back Policy (Modified / Dhana Firta)
Money-back
Participating anticipated endowment paying 5% of sum assured every year from year 2 to maturity, plus maturity benefit and bonus.
Sum assured
Rs 5 lakh
Policy term
15–20 yrs
Entry age
18–55 yrs
Maturity age
75 yrs
Annual premium
Rs 29,935/yr
Premium term
Regular (Yearly/Half-yearly/Quarterly)
Bonus
Rs 19-30 per 1,000 sum assured/yr (Modified 30; Annual 19-21) (FY 2081/82)
Loan against policy
Yes
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
Participating anticipated endowment paying 5% of sum assured every year from year 2 to maturity, plus maturity benefit and bonus.
Riders: Accidental Death Benefit (up to Rs 1,00,00,000)Permanent Total Disability (up to Rs 1,00,00,000, 120 monthly installments)Premium Waiver BenefitCritical Illness (up to Rs 50,00,000)
Plan details
Maturity benefit: 15-yr term: vested bonus only; 20-yr term: additional 10% of Sum Assured plus declared & vested bonus.
Dhanapati Money Back Policy (12/15/20 Years)
Money-back
Money-back endowment with periodic survival payouts during the term and a lump-sum plus vested bonus at maturity.
Rs 32-42 per 1,000 sum assured/yr (15-yr: 41, 20-yr: 45) (FY 2081/82)
Loan against policy
Yes
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
Money-back endowment with periodic survival payouts during the term and a lump-sum plus vested bonus at maturity.
Riders: Accidental Death Benefit (up to Rs 1,00,00,000)Permanent Total Disability (up to Rs 1,00,00,000, 120 monthly installments)Critical Illness (up to Rs 50,00,000)
Plan details
Maturity benefit: 12-yr: 50% SA + vested bonus; 15-yr: 50% SA + vested bonus; 20-yr: 40% SA + vested bonus (after periodic payouts).
Group Term Assurance Plan for Affinity Groups
Term
Group term protection for members of affinity groups; sum assured payable on death of a covered member.
Policy term
1 yrs
Entry age
18–65 yrs
Premium term
Regular (group annual)
Group term protection for members of affinity groups; sum assured payable on death of a covered member.
Riders: Accidental Death BenefitPermanent Total Disability
Plan details
Maturity benefit: Nil (group term).
One Year Renewable Group Term Assurance
Term
Annually renewable group term life cover for employer or group members.
Policy term
1 yrs
Entry age
18–65 yrs
Premium term
Regular (group annual)
Annually renewable group term life cover for employer or group members.
Riders: Accidental Death BenefitPermanent Total Disability
Plan details
Maturity benefit: Nil (group term).
Term Assurance Policy
Term
Pure protection term plan paying sum assured on death during the term; no maturity benefit.
Sum assured
Rs 5 lakh
Policy term
5–25 yrs
Entry age
18–65 yrs
Maturity age
70 yrs
Annual premium
Rs 1,875/yr
Premium term
Regular (Yearly)
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
Pure protection term plan paying sum assured on death during the term; no maturity benefit.
Riders: Accidental Death BenefitPermanent Total DisabilityCritical Illness
Plan details
Maturity benefit: Nil (pure term plan).
Endowment Assurance Cum Whole Life (Sukhamaya)
Whole Life
Endowment-cum-whole-life plan giving lifetime protection up to age 100. Pays sum assured plus vested bonus at end of premium term, then a fully paid-up whole life cover continues.
Sum assured
Rs 5 lakh
Policy term
5–52 yrs
Entry age
18–65 yrs
Maturity age
70 yrs
Annual premium
Rs 37,500/yr
Premium term
Regular (Yearly/Half-yearly/Quarterly)
Bonus
Rs 30-60 per 1,000 sum assured/yr (FY 2081/82)
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 giving lifetime protection up to age 100. Pays sum assured plus vested bonus at end of premium term, then a fully paid-up whole life cover continues.
Riders: Accidental Death Benefit (up to Rs 1,00,00,000)Permanent Total Disability (up to Rs 1,00,00,000, 120 monthly installments)Critical Illness (up to Rs 50,00,000)Premium Waiver Benefit
Plan details
Maturity benefit: On survival to end of premium term: Sum Assured plus declared & vested bonus, plus a fully paid-up whole life assurance continuing to age 100.
Endowment / Whole Life (Dirghayu)
Whole Life
Endowment-cum-whole-life plan offering lifetime protection to age 100 with limited premium payment.
Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".
Limited premium paying endowment-cum-whole-life plan; pay for a limited term and enjoy whole-life cover to age 100.
Riders: Accidental Death Benefit (up to Rs 1,00,00,000, to age 70)Permanent Total Disability (up to Rs 1,00,00,000, 120 monthly installments)Premium Waiver Benefit
Plan details
Maturity benefit: On survival to end of endowment term: Sum Assured plus declared & vested bonus plus a fully paid-up whole life assurance; policy continues to age 100.
About Sanima Reliance
Sanima Reliance Life Insurance Limited emerged from the merger of two life insurers, Sanima Life Insurance and Reliance Life Insurance, with joint operations commencing on March 23, 2023; both predecessor companies had operated independently for over seven years prior to consolidation. Its major promoters are Sanima Bank and Siddhartha Bank, two prominent A-class commercial banks in Nepal. The company is headquartered at Sama Marga, Naxal, Kathmandu, and operates through a wide distribution network of 175+ network points and 57,000+ certified agents. It serves more than 162,000 policyholders and offers a portfolio of around 15 life insurance products spanning endowment, term, whole life, money-back, child, micro and group plans.
Deposit and loan rates effective Asar 2083, aggregated from the bank's published disclosures; card figures are indicative. Confirm with the bank before applying.
