Est. 2023 (28 M BS · CTC Mall (7th Floor), Sundhara, Kathmandu, Nepal ·
United Ajod Insurance Limited is a Nepali non-life (general) insurance company offering property, motor, marine, engineering, agriculture, travel medical and miscellaneous insurance solutions.
110
Branches
—
ATMs
7
Products
Asar 2083
Effective
All policies & details (7)
Agriculture & Livestock Insurance
Agriculture
Government-subsidized crop and livestock micro-cover for farmers and agri-finance institutions.
Policy term
1 yrs
Annual premium
Rs 50,000/yr
Premium term
Annual / crop cycle
Annual premium: Fixed 5% of sum insured per NIA Agriculture, Livestock & Medicinal Herb Insurance Directives 2022; Rs 50,000 on Rs 10,00,000 sum insured (gross, before ~75% government premium subsidy). Uniform national rate applicable to United Ajod.
Government-subsidized crop and livestock micro-cover for farmers and agri-finance institutions.
Riders: Disease/epidemic extension (where permitted)Transit cover for livestock
Plan details
Exclusions: Epidemic/notifiable disease without vaccination, willful neglect, theft (livestock unless added), loss outside insured cycle, war and political risk, poor husbandry
Engineering Insurance
Engineering
Project and equipment cover for contractors and industry: CAR, EAR, machinery and electronic equipment.
Policy term
1 yrs
Annual premium
Rs 2 / 1,000
Premium term
Project term (one-off) or annual
Annual premium: Rs 10,00,000 sum insured. Representative annualized Contractors'/Erection All Risks rate ~0.2% (Rs 2.0 per 1,000) for standard risk. Rate is project-specific; derived estimate.
Project and equipment cover for contractors and industry: CAR, EAR, machinery and electronic equipment.
Riders: Third-party liability extensionMaintenance/defects liability period coverEarthquake and flood extension
Plan details
Exclusions: Faulty design, wear and tear, consequential loss, war and nuclear risks, cessation of work, normal maintenance costs, loss discovered only at inventory
Property (Fire) Insurance
Fire / Property
Standard fire and allied perils property cover for homes, shops, factories, warehouses and commercial buildings under the Nepal Property Insurance Tariff 2076; marketed as 'Sampati Bima'.
Sum insured
Rs 1 lakh
Policy term
1 yrs
Annual premium
Rs 1 / 1,000
Premium term
Annual (1 year)
Annual premium: Rs 50,00,000 standard-occupancy residential building. Nepal Property Insurance Tariff 2076 dwelling rate ~0.10% (Rs 1.0 per 1,000) => Rs 5,000/year. Tariff is NIA-set and uniform across non-life insurers. Derived figure.
Standard fire and allied perils property cover for homes, shops, factories, warehouses and commercial buildings under the Nepal Property Insurance Tariff 2076; marketed as 'Sampati Bima'.
Riders: Earthquake coverFlood and inundationRiot, Strike and Malicious Damage (RSMD)TerrorismBurglary and housebreaking extension
Plan details
Exclusions: War and nuclear perils, wear and tear, spontaneous combustion (unless covered), consequential loss, willful negligence, loss of cash/securities, theft during/after fire
Marine Insurance
Marine
Marine cargo and transit cover for goods moving by sea, air, rail or road including inland and overseas transit.
Policy term
1 yrs
Annual premium
Rs 0.25 / 1,000
Premium term
Per voyage or annual open cover
Annual premium: Rs 10,00,000 sum insured. Representative Nepal marine cargo rate ~0.25 per 1,000 for standard transit cover => Rs 250. Rate varies by route/commodity/packing; derived estimate.
Marine cargo and transit cover for goods moving by sea, air, rail or road including inland and overseas transit.
Riders: War risk extensionStrikes, Riots and Civil Commotion (SRCC)
Plan details
Exclusions: Inherent vice, ordinary leakage/wear, insufficient packing, willful misconduct, delay, war and strikes (unless added), loss from insolvency of carrier
Miscellaneous Insurance
Micro
Bundle of liability, accident and benefit covers: personal accident, burglary, cash, fidelity, banker's indemnity and group hospitalization.
Policy term
1 yrs
Premium term
Annual (1 year)
Annual premium: Rs 1,00,000 sum insured, 30-year adult individual. Derived from published Nepal non-life mediclaim rate ~1.5% of sum insured (~Rs 1,500 base) plus standard adult individual loading; aligns with NHIP benchmark of ~Rs 3,500 for Rs 1,00,000 co
Bundle of liability, accident and benefit covers: personal accident, burglary, cash, fidelity, banker's indemnity and group hospitalization.
Riders: Group medical / hospitalization extensionWorkmen's compensation / employer liability
Plan details
Exclusions: Pre-existing conditions (medical covers), war and nuclear risk, willful acts, consequential loss, unattended cash, dishonesty discovered after long delay
Motor Insurance
Motor
Comprehensive and third-party motor cover for motorcycles, private cars and commercial vehicles, priced per the NIA Motor Insurance Tariff Directive 2073.
Sum insured
Rs 1 lakh – Rs 2 crore
Policy term
1 yrs
Annual premium
Rs 8.7 / 1,000
Premium term
Annual (1 year)
Annual premium: Private car comprehensive on Rs 15,00,000 vehicle value, 1000-1600cc, per NIA Motor Tariff 2073: own-damage ~0.87% x 1,500,000 = Rs 13,050 + Rs 4,000 service charge approx folded in, plus third-party Rs 8,487; before 10% direct-purchase dis
Comprehensive and third-party motor cover for motorcycles, private cars and commercial vehicles, priced per the NIA Motor Insurance Tariff Directive 2073.
Riders: Flood and inundation coverEarthquake coverStrike, Riot and Malicious Damage (RSMD)Terrorism (RSMDST)
Plan details
Exclusions: Wear and tear, mechanical/electrical breakdown, depreciation, driving without valid licence, drunk driving, war and nuclear risks, use outside permitted geographical area / consequential loss
Travel Medical Insurance
Travel
Overseas travel medical cover for Nepali citizens travelling abroad (tourists, students, business), including International Travelers Medi-claim.
Sum insured
Rs 65 lakh – Rs 1.3 crore
Policy term
1 yrs
Annual premium
Rs 8.7 / 1,000
Premium term
Per trip (single or multi-trip up to 1 year)
Annual premium: Private car comprehensive on Rs 15,00,000 vehicle value, 1000-1600cc, per NIA Motor Tariff 2073: own-damage ~0.87% x 1,500,000 = Rs 13,050 + Rs 4,000 service charge approx folded in, plus third-party Rs 8,487; before 10% direct-purchase dis
Overseas travel medical cover for Nepali citizens travelling abroad (tourists, students, business), including International Travelers Medi-claim.
Exclusions: Pre-existing conditions, chartered (non-commercial) flights, self-inflicted injury, pregnancy, war and terrorism, hazardous sports unless declared, travel against medical advice
About United Ajod
United Ajod Insurance Limited (UAIL) was formed through the merger of United Insurance Company (Nepal) Limited and Ajod Insurance Limited and commenced joint operations on 28 May 2023 (14 Jestha 2080), licensed by the Nepal Insurance Authority. The merger combined two established non-life insurers with roughly three decades of legacy in the Nepali market. The company operates a network of around 110 offices across the country with over 500 employees and is listed on NEPSE under the symbol UAIL. It is an ISO 9001 certified organisation headquartered at CTC Mall, Sundhara, 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.
