Skip to main content
Independent Comparison Portal • Not affiliated with any Insurance Company

Nepal's Independent Life Insurance Planner

Compare 14 Life Insurers in Nepal
with Independent Data.

Answer 7 simple questions and find the right life insurance plan for your family in under 2 minutes. Data: NIA Annual Report FY 2081/82, all 14 insurers.

NIA-audited data 14 insurers compared Independent — no insurer affiliation Free • 2 minutes • No signup

Why independent data matters

We work for you, not the insurers.

Other comparison sites

  • Insurers pay to rank higher — the top result is a paid slot, not the best plan
  • Term plans are buried — they pay agents less commission, so they're rarely shown first
  • Company financial strength and paid-up capital are withheld or cherry-picked

This site

  • Ranked by NIA claim settlement ratio — the one number that shows who actually pays when your family needs it
  • Financial strength & paid-up capital shown for all 14 insurers — so you know who is built to last
  • Zero insurer commissions — our ranking is never for sale. Data source: NIA Annual Report FY 2081/82

Tax Efficiency

Save up to NPR 12,000 in income tax

Nepal's Income Tax Act lets you deduct up to NPR 40,000 in premiums. Calculate your exact saving based on FY 2082/83 tax slabs.

Filing as:
Your Tax Bracket
Enter income above
Tax You Save
Capped at NPR 40,000 deductible.

Build your coverage plan

Your personalised plan, built in 3 steps

Tell us about your family

Answer 3 quick questions — your age, your monthly income, and how many people depend on you. No jargon. Under a minute.

Start here →

See your best matches

We show you the plans that fit your situation — ranked by NIA Annual Report data — premiums, claim ratios, and plan value. Real numbers, side by side, with nothing hidden.

Compare premiums →

Connect with your advisor

Pick your plan and get matched to a verified local advisor. Your family is covered — today, not someday.

Find an Advisor →

Sample — full table has all 14 insurers

Top performers at a glance

Ranked by NIA claim settlement ratio (FY 2081/82). Life fund = financial strength. Term premium estimate: Rs. 50 lakh cover, age 30, 20-year term.

Data: NIA FY 2081/82  ·  Last reviewed: May 2026

# Insurer Claim Ratio Term Premium /yr
#1 Asian Life Insurance 98.85% NPR 17,800
#2 Sun Nepal Life 98.71% NPR 17,600
#3 Prabhu Mahalaxmi Life 98.33% NPR 17,300
#4 Himalayan Life Insurance 98.09% NPR 17,700

Premium estimates only — actual quotes vary by health, occupation & riders. Source: NIA Annual Report FY 2081/82.

See all 14 insurers →

Claims paid — FY 2081/82

Who actually pays when it matters?

When your family needs money most, will your insurer deliver? These are the top 3 insurers that pay out the highest share of claims — NIA Annual Report FY 2081/82.

A claim settlement ratio is the percentage of claims an insurer paid out in a given year. A ratio of 98% means that for every 100 families who filed a claim, 98 were paid. The remaining 2% were rejected — usually for non-disclosure, policy lapse, or exclusion clauses. All figures above are from the NIA's audited FY 2081/82 annual report. The NIA is Nepal's statutory insurance regulator; these are not self-reported numbers.

Policy types

What are you protecting?

Each policy type serves a different financial goal — with a different premium, payout, and risk profile. Understanding the difference means you walk into any advisor conversation already knowing what questions to ask and what to expect.

Common questions

Frequently Asked Questions

Asian Life Insurance ranks #1 — it paid out 98.85% of all claims filed in FY 2081/82, according to the Nepal Insurance Authority (NIA) audited annual report. Sun Nepal Life (#2, 98.71%) and Prabhu Mahalaxmi (#3, 98.33%) follow. Higher is better: it means the company actually delivers when your family needs it most. Compare Claim Ratios for all 14 Life Insurers →
Agents often earn 25–35% commission on the first-year premium of endowment plans, but very little on term plans. On a Rs. 1 lakh premium endowment plan, an agent might earn Rs. 35,000, whereas a term plan with similar coverage might only cost Rs. 16,000 total. That's why we publish this data openly — so you can have an informed conversation with any advisor before you sign. Read our Agent Transparency Guide →
Yes — Nepal's Income Tax Act lets you deduct up to NPR 40,000 in annual life insurance premiums from your taxable income. If you're in the 30% bracket, that's NPR 12,000 saved per year. All 14 insurers and all policy types qualify. See the full tax deduction guide + free calculator →
For term insurance, Rastriya Jeevan Beema is currently the lowest (~NPR 16,100/year for Rs. 50L cover for a 30-year-old). However, costs vary wildly by age. Use our premium calculator to compare all 14 insurers side-by-side.
First, ask the insurer for a written rejection letter. If you believe the rejection is wrong, file a formal complaint with the Nepal Insurance Authority (NIA) — they have a dedicated Grievance Redressal Cell for exactly this. Know your full policyholder rights →
14
Insurers Compared
7
Free Tools
NPR 12,000
Max Tax Saving / yr
0
Insurer Affiliations

From our users

Share your experience

Had a policy with a Nepal insurer? Your review helps other families choose wisely — and it only takes 2 minutes.

Premiums only increase with age.
Find your plan while your premium is at its lowest.

Chat