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.

Find My Best Match →

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

First time here? Answer 7 questions to see your best plan from all 14 Nepal life insurers — free, no login, under 2 minutes. Start →

Build your coverage plan

How it works — 3 steps

Tell us about your family

Your age, income, family size, and a few quick profile questions. No jargon. Under 2 minutes.

Start here →

See your best matches

We rank all 14 insurers against your profile — premiums, claim ratios, and plan value from the NIA Annual Report. Real numbers, side by side.

See your matches →

Connect with your advisor

Pick your plan and get matched to a verified local advisor. Free to contact — no obligation.

Get started →

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	Life Fund (Arba NPR)	Term Premium /yr
#1	Asian Life Insurance	98.85%	NPR 47.07 Arba	NPR 17,800
#2	Sun Nepal Life	98.71%	NPR 10.10 Arba	NPR 17,600
#3	Prabhu Mahalaxmi Life	98.33%	NPR 13.83 Arba	NPR 17,300
#4	Himalayan Life Insurance	98.09%	NPR 76.94 Arba	NPR 17,700

Premiums are for base cover only — rider costs (Accidental Death, Critical Illness) vary and are not included. Actual quotes depend on health and occupation. Claim ratio = % of claims paid in FY 2081/82 — a ratio of 98% means 98 out of 100 families received their payout. Source: NIA Annual Report FY 2081/82.

See all 14 insurers →

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 15,600 in income tax

Nepal's Income Tax Act lets you deduct up to NPR 40,000 in premiums. At the highest marginal rate of 39%, that saves NPR 15,600. Calculate your exact saving based on FY 2082/83 tax slabs.

Full Tax Savings Guide → Talk to an advisor

Filing as:

Annual Income (NPR)

Annual Premium (NPR)

Your Tax Bracket

—

Enter income above

Tax You Save

Capped at NPR 40,000 deductible.

Policy types

Five policy types available in Nepal

Term gives the highest cover for the lowest premium — pure death benefit, no savings. Endowment and whole life return money. Child plans lock in a fixed payout for education. ULIPs link returns to equity markets.

Endowment Build savings and get life cover — money returned at maturity. Best for: Families wanting savings + cover Term The highest cover for the lowest premium. Pure protection. Best for: Maximum cover on a tight budget Child Plan Lock in your child's education fund now, whatever happens later. Best for: Parents with children under 12 Whole Life Cover that never expires — and builds cash value over time. Best for: Long-term estate and legacy planning ULIP Market-linked growth with life cover — higher risk, higher return potential. Best for: Risk-tolerant investors

Learn & compare

Guides to help you choose

All guides →

lifeinsurance

Immediate emergency protection or saving for a specific future milestone?

May 17, 2026 · 4 min read

Comparisons

Comprehensive Analysis of Life Insurance Bonus Rates in Nepal: Yields, Market Dynamics, and Top Performers

May 14, 2026 · 13 min read

Comparisons

Claim Settlement Ratios 2083: Which Insurance Company in Nepal Actually Pays Out?

May 12, 2026 · 3 min read

Free — no login required

All 7 free tools

Compare, calculate, and decide — all in one place. Every tool uses live NIA data.

Find Your Plan

Answer 7 questions — get a personalised match from all 14 insurers.

Premium Calculator

Indicative premiums for any insurer, age, sum assured, and term.

Side-by-Side Comparison

Compare any combination of insurers across all plan types at once.

Tax Savings Calculator

See exactly how much NPR you save on income tax with a life policy.

Coverage Need Assessment

Calculate the right sum assured based on your income and obligations.

Retirement Calculator

Plan your corpus target and compare which insurer gets you there.

Surrender Calculator

Check surrender value and best timing before cancelling a policy.

Guides & data

Claim Settlement Rates

Full NIA data on which insurers pay claims — and how fast.

Term vs Endowment

In-depth comparison to help you choose the right policy type.

Insurers Compared

Free Tools

NPR 15,600

Max Tax Saving / yr

Zero

Hidden Commissions

From our users

Share your experience

Had a policy with a Nepal insurer? Your review gives other buyers real data to compare — and it only takes 2 minutes.

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 36–39% income tax bracket, that saves up to NPR 15,600 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 →

Premiums only increase with age — a 25-year-old pays 21% less than a 40-year-old for identical cover.

See Exact Premiums →

Compare 14 Life Insurers in Nepalwith Independent Data.