Asian Life Insurance Company Limited holds the highest claim settlement ratio among all 14 NIA-licensed life insurers in Nepal — 98.85% in FY 2081/82, improving from 98.49% the year before. For every 100 death claims filed, approximately 99 are paid. That is the clearest possible signal of a company that keeps its promise.
Quick Facts
| Detail | Information |
|---|---|
| Full name | Asian Life Insurance Company Limited |
| NEPSE symbol | ALICL |
| Type | Private — Nepali-owned |
| Regulator | Nepal Beema Pradhikaran (NIA) |
| Claim ratio FY 2081/82 | 98.85% (NIA Rank: #1) |
| Claim ratio FY 2080/81 | 98.49% (improving ▲) |
| Entry age | 0 – 60 years |
| Policy terms | 5 – 30 years |
Claim Settlement Ratio — Ranked #1, Improving
Asian Life’s 98.85% in FY 2081/82 is the highest claim ratio of any insurer in Nepal — an improvement from 98.49% the previous year. For every 100 death claims filed, approximately 99 were paid. This result, combined with a consistent improving trend, makes Asian Life the benchmark against which all other Nepal life insurers are measured.
Plans Available (FY 2081/82)
Endowment — Endowment Plan
The standard profit-sharing endowment. Pays sum assured plus accumulated bonus at maturity.
- Bonus rate: Rs. 50–75 per 1,000 sum assured/year
- Estimated annual premium (Rs. 25L, age 30, 20yr): ~NPR 123,100
- Riders: Accident, Disability
- Loan: Yes (after 3 years) | Surrender: Yes
Term — Term Plan
Pure life cover. No maturity payout. Covers death outside Nepal.
- Estimated annual premium (Rs. 50L, age 28, 20yr): ~NPR 17,200
Whole Life — Whole Life Plan
Coverage until age 100. Bonus: Rs. 50–75/1,000 SA/year — same upper range as the endowment plan.
ULIP — ULIP Plan
Market-linked returns. Not suitable for conservative buyers.
Don't buy based on reviews alone. Compare claim ratios and IRR instantly.
Compare All PlansMoney Back — Money Back Plan
Periodic liquidity payouts during the policy term. Bonus: Rs. 42–68/1,000 SA/year.
Asian Life vs the Market
| Metric | Asian Life | Market Position |
|---|---|---|
| Claim settlement ratio | 98.85% | #1 of 14 |
| Endowment premium (Rs. 25L, age 30) | ~NPR 123,100/yr | Middle of the market |
| Term premium (Rs. 50L, age 28) | ~NPR 17,200/yr | Middle of the market |
| Endowment bonus upper range | Rs. 75/1,000/yr | Mid-range |
| Maximum entry age | 60 years | Lower than some (others up to 65) |
| Maximum policy term | 30 years | Above average |
Who Should Choose Asian Life?
Choose Asian Life if:
- You want Nepal’s #1 claim settlement ratio (98.85%) — the highest in the entire market
- You want a long policy term — 30 years is available
- You are between 0 and 60 years old
- You want a mid-market endowment premium (~NPR 123,100/yr) combined with top-ranked reliability
Consider alternatives if:
- You want the highest bonus rates — National Life (Rs. 63–85/1,000) and Nepal Life (Rs. 55–85/1,000) offer higher ranges
- You are above 60 — most other insurers accept entry up to 65
Compare Asian Life against all 14 insurers on the 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 →
