BFIS Compare
रू

Life insurance — compare policies

We found 210 products

Endowment, term, whole-life, child & pension plans from Nepal's 14 life insurers. The Nepal Insurance Authority (NIA) licenses 14 life and 14 non-life insurers. Compare their policies by premium, sum assured/insured, policy term, entry age and claim-settlement ratio — the key trust metric when choosing cover.

Life InsuranceNon-Life Insurance
All insurers →

Protection plans

Plan typePlans
Term29See more
Endowment68See more
Whole Life24See more

Savings & family

Plan typePlans
Money-back39See more
Child22See more
Pension7See more

More plans

Plan typePlans
Unit-linked1See more
Foreign Employment7See more
Micro13See more

7 matching

Citizen Life logo
Citizen LifeForeign Employment Term Life PolicyForeign EmploymentLowest premium
Annual premium
Rs 1,486 once
Claim ratio
93.9%
Sum assured
Rs 5 lakh
Policy term
1–7 yr
Entry age
18–64
Features

Bonus: —

  • Compulsory term life cover for those going abroad for foreign employment
  • Terms of 1 to 6.5 years available
  • Premium banded by age group (18-35, 36-50, 51-64)
  • Single-premium pure protection
Single-premium term life policy mandatory for Nepali migrant workers, providing death cover for terms up to 6.5 years with premiums ranging NPR 1,486-18,222 by age and term.
Plan details
  • Compulsory term life cover for those going abroad for foreign employment
  • Terms of 1 to 6.5 years available
  • Premium banded by age group (18-35, 36-50, 51-64)
  • Single-premium pure protection
  • Optional critical illness rider
IME Life logo
IME LifeIME Foreign Employment Term PlanForeign Employment
Annual premium
Rs 1,486 once
Claim ratio
79.9%
Sum assured
Rs 10 lakh
Policy term
1–6 yr
Entry age
18–64
Features

Bonus: —

  • Fixed Rs 10,00,000 sum assured on death
  • Funeral expense Rs 1,00,000 and repatriation expense Rs 1,00,000
  • Loss of income benefit Rs 2,00,000
  • Permanent total disability Rs 10,00,000; temporary partial disability up to Rs 5,00,000
The Foreign Employment Term Life Policy is a compulsory, single-premium term life insurance that every Nepali going abroad for work must buy before the Department of Foreign Employment (DoFE) issues a labour permit / e-Sticker. It is sold only by Nepal Insurance Authority (NIA)-licensed life insurers (currently around 10 companies such as Nepal Life, IME Life, Citizen Life, SuryaJyoti and Reliable Life) under a government-standardised benefit structure. It pays a fixed sum assured of NPR 1,000,000 on death, plus add-ons for funeral expenses, body repatriation, loss of income, accidental disability, critical illness and emergency medical costs faced by the migrant worker during the contract period. The term is bought to match the employment contract (roughly 1 to 6.5 years, usually contract plus 6 months) and is renewed each time the worker's permit is renewed.
Plan details
  • Fixed Rs 10,00,000 sum assured on death
  • Funeral expense Rs 1,00,000 and repatriation expense Rs 1,00,000
  • Loss of income benefit Rs 2,00,000
  • Permanent total disability Rs 10,00,000; temporary partial disability up to Rs 5,00,000
  • Medical reimbursement up to Rs 1,00,000
  • Term up to 6.5 years matching foreign employment contract
Prabhu Mahalaxmi logo
Prabhu MahalaxmiForeign Employment Term InsuranceForeign Employment
Annual premium
On request
Claim ratio
98.33%
Sum assured
Rs 10 lakh
Policy term
1–7 yr
Entry age
18–64
Features

Bonus: —

  • Mandatory life cover for Nepali workers on foreign employment
  • Single premium covering the employment-contract period
  • Death and disability benefit while working abroad
  • Sold under Department of Foreign Employment scheme terms
Mandatory term life cover for Nepali migrant workers going abroad on foreign employment, sold under the government foreign-employment insurance scheme.
Plan details
  • Mandatory life cover for Nepali workers on foreign employment
  • Single premium covering the employment-contract period
  • Death and disability benefit while working abroad
  • Sold under Department of Foreign Employment scheme terms
  • Term/short-duration cover with no maturity value
Reliable Life logo
Reliable LifeForeign Employment Term Life InsuranceForeign Employment
Annual premium
On request
Claim ratio
97.92%
Sum assured
Rs 10 lakh
Policy term
1–6 yr
Entry age
18
Features

Bonus: —

  • Single-premium term cover for 1-6 year foreign-employment period
  • Accidental and natural death coverage abroad
  • Total & Permanent Disability (accident or sickness) benefit
  • Daily hospitalization cash for critical illness/accident treatment

Annual premium: Premium is quoted on request — this insurer does not publish a rate online. Use "Get a quote".

Compulsory single-premium term cover for Nepali migrant workers going abroad; covers death, disability, hospitalization.
Plan details
  • Single-premium term cover for 1-6 year foreign-employment period
  • Accidental and natural death coverage abroad
  • Total & Permanent Disability (accident or sickness) benefit
  • Daily hospitalization cash for critical illness/accident treatment
  • Mandatory for Nepali workers going overseas
Free tool

Work out your monthly EMI in seconds

Enter the amount, rate and tenure — see your repayment before you apply.

Calculate EMI→
SuryaJyoti logo
SuryaJyotiSuryaJyoti Baideshik Rojgar Myadi Jeevan Beema (Foreign Employment Term)Foreign Employment
Annual premium
Rs 3,924 once
Claim ratio
97.5%
Sum assured
Rs 10 lakh
Policy term
1–6 yr
Entry age
18–64
Features

Bonus: —

  • Fixed sum assured Rs 10,00,000
  • Terms from 1.0 to 6.6 years matching contract periods
  • Built-in critical illness cover Rs 500,000
  • Funeral expenses Rs 100,000 and body repatriation Rs 100,000
Single-premium term plan for Nepali foreign-employment workers covering death, disability, repatriation and related benefits.
Plan details
  • Fixed sum assured Rs 10,00,000
  • Terms from 1.0 to 6.6 years matching contract periods
  • Built-in critical illness cover Rs 500,000
  • Funeral expenses Rs 100,000 and body repatriation Rs 100,000
  • Loss of income Rs 200,000 and medical reimbursement Rs 100,000
  • Disability benefit 5-100% of basic coverage
National Life logo
National LifeBaideshik Rojgar Jeevan Beema (Foreign Employment Term)Foreign Employment
Annual premium
On request
Claim ratio
84.6%
Sum assured
Rs 5 lakh
Policy term
1–6 yr
Entry age
18–64
Features

Bonus: —

  • Sum assured Rs 5,00,000 paid on death during term
  • Body repatriation cover up to Rs 1,00,000 (actual or Rs 1L, whichever lower)
  • Disability: 100% SA for total/permanent disability, 50% for loss of one limb/eye/hearing
  • Single one-time premium
Mandatory single-premium term cover for Nepalis going abroad for work (per Overseas Employment Act 2064); pays sum assured on death plus disability and body-repatriation benefits.
Plan details
  • Sum assured Rs 5,00,000 paid on death during term
  • Body repatriation cover up to Rs 1,00,000 (actual or Rs 1L, whichever lower)
  • Disability: 100% SA for total/permanent disability, 50% for loss of one limb/eye/hearing
  • Single one-time premium
  • Compulsory under Overseas Employment Act 2064
Rastriya Jeevan logo
Rastriya JeevanForeign Employment Plan (Baideshik Rojgar Jeevan Beema Yojana)Foreign Employment
Annual premium
On request
Claim ratio
—
Sum assured
Rs 5 lakh
Policy term
1–6 yr
Entry age
18–64
Features

Bonus: —

  • Term life cover required for Nepali workers taking up foreign employment
  • Single one-time premium of about Rs 3,500-5,500 depending on age
  • Covers death and disability during the foreign-employment period (typically up to ~4 years)
  • Provides financial support to dependents back home on death or disability

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.
Plan details
  • Term life cover required for Nepali workers taking up foreign employment
  • Single one-time premium of about Rs 3,500-5,500 depending on age
  • Covers death and disability during the foreign-employment period (typically up to ~4 years)
  • Provides financial support to dependents back home on death or disability
  • Regulatory code NIA/LI010/2074/075/TEP/0065 (approved 2017-09-07)

Insurance

Premiums shown are illustrative samples (typically age 30, base plan) for comparison; your actual premium depends on age, sum assured, term and riders. Claim-settlement ratio is the latest published figure. Confirm with the insurer before buying.

Compiled from each insurer's published plan brochures and NIA disclosures.