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Life Insurance Premium Calculator 2026
Compare All 14 Nepal Providers

See what all 14 of Nepal's life insurers would charge you — estimated for your age and term, sorted cheapest first, with each insurer's claim ratio right beside the price. All in seconds, on your own terms.

How much does life insurance cost in Nepal? A 30-year-old can get NPR 50 lakh of term cover from about NPR 16,100/year (Rastriya Jeevan Beema, the current lowest) — though endowment plans cost roughly 5–10× more for the same cover, and every premium rises with age. The calculator below compares the annual premium from every NIA-licensed insurer, cheapest first.

✓Last reviewed: June 2026

Your Details
Set your details below, then tap “See My Best Matches” to compare all 14 companies
Your Age yrs
1665
Coverage Amount NPR Lakh
1L2 Cr

Rule of thumb: 10–15× your annual income. NPR 50,000/month salary → aim for at least NPR 60 lakh.

Policy Term (years) yrs
530

Longer terms cost less per year. Pick at least until age 60 — that's when most financial obligations end.

Term costs 80–90% less than endowment for the same sum assured. Start here if your goal is protecting your family.

Risk Profile (optional — tobacco, occupation, foreign employment)

Working abroad usually raises the estimate, because postings outside Nepal are priced as higher risk. This figure is our own transparent estimate to help you plan — not a quote. Your actual premium depends on the insurer and your medical check-up.

Estimates only. Verify with providers before purchasing →

Reviewed by the nepallifeinsurance.com editorial team · NIA data verified.

💡 What does "Claims Paid Rate" mean? It reflects how reliably a company pays out — we derive it from NIA data as the share of claim value paid versus the amount still outstanding. A higher rate points to a more reliable, faster-paying insurer. Higher is better. Never choose on price alone — check this number first.
Premium Comparison
All 14 companies · Sorted cheapest first
Age: —
Coverage: —
Term: —
Type: —
Estimates only. Actual premiums depend on your health, occupation, and underwriting. Use these figures for comparison — always confirm with the insurer before purchasing.
How to use this calculator
Takes 30 seconds · All 14 companies
1
Set your age
Drag the Your Age slider. Premiums rise with age — see the difference instantly across all providers.
2
Set coverage amount
How much would your family need? A common rule: 10–15× your annual income.
3
Choose plan type
Term = protection only, cheapest. Endowment = savings + cover. Whole Life = lifelong cover.
4
Click Calculate
Instant results — all 14 companies side by side, sorted cheapest first, with claim ratios on every card.
What you'll see in results
📊
Premiums from all 14 companies
Sorted cheapest first. See the price gap between the lowest and highest premium for your profile.
✅
Claims Paid Rate on every card
Share of claim value each insurer has paid versus the amount still outstanding (derived from NIA data). Higher = more reliable.
★
Value Score /100
Combines price, claim reliability, and plan quality into a single score so you can compare in one glance.
Term vs endowment: key difference
Term insurance costs 80–90% less than endowment for the same sum assured. Start with term to protect your family — invest separately for savings.
Claims paid rate — all 14 companies

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Frequently Asked Questions

About this calculator and life insurance in Nepal.

The premiums are illustrative estimates from our own calculator — not insurer quotes. Actual premiums depend on your health history, occupation, smoker status, and each insurer's underwriting decision. Use these figures for comparison — always confirm with the insurer or a licensed advisor before purchasing.
Each insurer sets its own minimum and maximum entry age and maximum policy term. If your age or chosen term falls outside an insurer's limits, we mark them ineligible so you only compare plans you can actually apply for.
For pure protection, term insurance costs 80–90% less than endowment for the same sum assured. Endowment plans combine savings with life cover but typically deliver modest returns — lower than dedicated savings or investment options. Most financial planners recommend starting with term insurance to secure your family, then investing separately.
The Claims Paid Rate reflects how reliably each insurer pays out — we derive it from the Nepal Insurance Authority's data as the share of claim value paid versus the amount still outstanding. A higher rate points to a more reliable, faster-paying insurer. Higher is better — but never choose on price alone.
No — nepallifeinsurance.com is a free, independent comparison platform, not an insurer. We help you compare all 14 insurers side by side, then connect you with a licensed advisor or the insurer directly.
A life insurance premium depends on four main factors: your age at entry, the sum assured (coverage amount), the policy term, and the plan type (term or endowment). Younger applicants pay less because the statistical risk of death is lower. Use the calculator above — enter your age, coverage amount, and term to see premiums from all 14 insurers instantly.
Premium rates vary by insurer, plan type, and your age. The calculator above ranks all 14 insurers by annual premium for your specific inputs — so the cheapest option for a 30-year-old will differ from the cheapest for a 45-year-old. Claims Paid Rate is shown alongside price so you never sacrifice reliability for cost.
Generated by nepallifeinsurance.com — Compare all 14 NIA-licensed life insurers in Nepal. Independent. Data: Nepal Insurance Authority.

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