Review Summary
Claim Ratio: 97.92% (#5)
Bonus Rate: Competitive
Best For: Term & Endowment
Our Rating: 4.5/5 ⭐
Reliable Nepal Life Insurance recorded the largest claim settlement ratio improvement among all 14 Nepal life insurers in FY 2081/82 — jumping from 96.47% to 97.92%, a gain of 1.45 percentage points — placing it #5 among all 14 Nepal life insurers. Its term insurance premium is among the cheapest in the market, and its endowment bonus range sits in the mid-tier.
Quick Facts
| Detail | Information |
|---|---|
| Full name | Reliable Nepal Life Insurance Company Limited |
| NEPSE symbol | RNLI |
| Type | Private — Nepali-owned |
| Regulator | Nepal Beema Pradhikaran (NIA) |
| Claim ratio FY 2081/82 | 97.92% — NIA Rank: #5 of 14 |
| Claim ratio FY 2080/81 | 96.47% (improving ▲ — largest gain in market) |
| Entry age | 0 – 60 years |
| Policy terms | 5 – 25 years |
| Riders | Accident, Disability |
Plans Available (FY 2081/82)
Endowment — Endowment Plan
- Bonus rate: Rs. 50–75 per 1,000 SA/year
- Estimated annual premium (Rs. 25L, age 30, 20yr): ~NPR 122,600
- Loan & surrender: Yes
Term — Term Plan
- Estimated annual premium (Rs. 50L, age 28, 20yr): ~NPR 16,400 — second cheapest in Nepal
Whole Life — Whole Life Plan
Bonus: Rs. 52–78/1,000 SA/year — notably higher than the endowment plan.
ULIP — ULIP Plan
Market-linked returns.
Money Back — Money Back Plan
Bonus: Rs. 38–62/1,000 SA/year.
Who Should Choose Reliable Nepal Life?
Choose Reliable Nepal Life if:
- You want one of the cheapest term premiums in Nepal (~NPR 16,400/yr for Rs. 50L)
- You want a mid-range endowment bonus (Rs. 50–75/1,000) at a competitive premium
- You are up to age 60
Consider alternatives if:
- You need entry above age 60 — National Life, Nepal Life, Citizen Life go to 65
- You need a term longer than 25 years
- You want Critical Illness rider coverage
Compare Reliable Nepal Life on our Compare Plans tool.
Data source: NIA Annual Report FY 2081/82. Plan names from NIA product registry (verified April 2026). Premiums are estimates. Claim ratios are amount-based (NPR Crore per NIA Schedules 14 & 15); per-company claim settlement counts are not separately published — only an industry-wide total is available. Full disclaimer →
