Compare All 14 Life Insurance Plans in Nepal
Side by Side 2026

Set your age, coverage amount, term, and plan type using the filters at the top. Then select 2–4 insurers from the grid — or tap a Quick Compare preset to auto-fill the best in a category. Hit "Compare Selected" to see a side-by-side table covering premiums, claim settlement ratio, bonus rate, and key plan features. Green cells mark the row winner.

The NLI Score is our composite ranking of each insurer based on three factors: claims reliability (how reliably the insurer pays out, measured from claim amounts paid versus amounts still outstanding), affordability (annual premium relative to peers), and financial strength (the size of the insurer's life fund — the reserve pool that backs future payouts). It is designed to surface overall best value — not just the cheapest option, and not just the highest claim rate in isolation. Scores are updated each year when the Nepal Insurance Authority publishes new annual data.

A cheap policy from an insurer with a poor claims record can leave your family without a payout when it matters most. The claim settlement record — which we calculate from the Nepal Insurance Authority's published figures for claim amounts paid versus amounts still outstanding — shows how reliably an insurer turns claims into payouts. A consistently high figure points to a clean payout pipeline; a lower one means a bigger share of claim value is stuck unpaid. Never choose on price alone.

Endowment and whole-life policies accumulate a reversionary bonus each year, declared per NPR 1,000 of sum assured. For example, a bonus of NPR 60 per thousand on a NPR 25 lakh policy adds NPR 15,000 to your maturity payout every year. A higher bonus rate means more money returned at the end of the term. It is a useful comparison point for savings-focused plans, but it should never override claims reliability.

Term insurance provides pure death cover for a fixed period — the cheapest option for maximum protection with no maturity payout. Endowment plans combine life cover with a savings element, returning premiums plus accumulated bonus at maturity. Whole-life cover extends for your entire lifetime rather than a fixed term. ULIPs link returns to market-traded units, so the value rises and falls with the market — but as of our 2026 review of all 14 catalogues, no Nepali insurer sells one; they are common in India, not Nepal. Money-back plans pay out a portion of the sum assured at regular intervals during the term rather than only at maturity.

All 14 NIA-licensed life insurers — including those with foreign joint-venture partners — operate under identical regulatory requirements set by the Nepal Insurance Act and supervised by the Nepal Insurance Authority. Solvency requirements, reserve rules, and claim payment obligations apply equally regardless of ownership structure. Use the claims settlement ratio and financial strength data in this comparison tool rather than ownership to judge reliability.

Claim settlement figures are calculated from the Nepal Insurance Authority's FY 2081/82 data for claim amounts paid and outstanding. Premium amounts are illustrative estimates from our own calculator — not insurer quotes — and bonus rates are indicative ranges; confirm both directly with the insurer before you buy. We review all figures when the NIA publishes new data. Last updated May 2026.

Comparison tool maa teen main kura herna important cha: pahilo, Claims Paid Rate — insurer le kati percent claims pay garyo (98% bhandaa maathi ramro ho). Dosro, annual premium — same coverage ko sabhai sasto option. Tesro, bonus per thousand — endowment plan bhaneko maturity amount kitiko hola. Yee teenwata kura comparison table maa ekai thau dekhaucha, tyo herda plan choose garna dherai sajilo hunchha.