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Should you stay in your policy — or cut your losses?

Enter your policy details below. We'll show you whether surrendering and investing in a Fixed Deposit leaves you better or worse off than holding to maturity.

Enter your policy details

Term plans have no cash value — not applicable here
Printed on your policy bond
Check your premium receipt
Your policy is at or past maturity. You should claim the maturity benefit directly from your insurer — do not surrender. Contact your branch or call NIA on 01-4229032.

Your numbers

Surrender value today
FD path total
Policy maturity value
This is a projection, not financial advice.

Surrender values use NIA-approved industry averages for your policy type. FD returns assume 8.5% p.a. (NRB avg FY2081/82). Actual figures depend on your specific policy terms — request a surrender statement from your insurer before deciding. ULIP maturity values cannot be projected as they are market-linked.

If you decide to surrender: 6-step NIA checklist

  1. Get a surrender statement Visit your insurer's branch and request an official surrender value statement. This confirms the exact amount you will receive.
  2. Fill the Surrender Application Form Available at your insurer's branch or head office. Sign in the presence of a witness where required.
  3. Submit original policy bond Hand in the original policy document. If lost, obtain a "Lost Policy Bond Indemnity" from your insurer first.
  4. Attach valid ID Citizenship certificate + passport-size photo. Some insurers also require a bank account details form for direct transfer.
  5. Wait 7–30 working days NIA regulations require insurers to process surrender payments within 30 working days of receiving complete documents.
  6. Delayed? File a complaint with NIA If payment is not received after 30 working days, file a complaint at NIA headquarters, Kathmandu.
NIA official site — complaints & licensing →

Not sure what to do?

Talk to one of our verified advisors — we'll explain your options honestly, at no charge to you.