Himalayan Life Insurance Policy Gifted on Daughter’s Pasni Ceremony
23rd December 2025, Kathmandu
The cultural landscape of Nepal is witnessing a significant and heartening shift in the way families celebrate major life milestones. Traditionally ceremonies such as birthdays weddings and the Pasni or rice feeding ceremony were marked by gifts of gold jewelry silver coins or cash. However in recent years a more pragmatic and far sighted trend has emerged where parents and guardians are opting for life insurance policies as meaningful gifts. This change reflects a growing awareness of the importance of financial planning and the desire to secure the long term future of the younger generation.
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A notable example of this trend was recently seen in Kathmandu where Mr. Rabin Koirala and his family originally hailing from Sailung Rural Municipality 8 in the Dolakha district decided to celebrate their daughter Pasni in a unique way. Instead of traditional luxury items they chose to gift a life insurance policy from Himalayan Life Insurance to their infant daughter Rashmika Koirala. This gesture has been widely appreciated as it combines the essence of a traditional blessing with the practical benefits of modern financial security.
DETAILS OF THE INSURANCE POLICY AND THE CELEBRATION
The Pasni ceremony which marks the first time a baby consumes solid food is a vital rite of passage in Nepalese culture. By choosing this moment to initiate an insurance plan Rabin Koirala and his wife Simran Khatri have ensured that their daughter journey into the world is backed by a solid financial foundation. The couple purchased a 15 year life insurance policy with a substantial sum assured of NPR 1 million.
This particular policy was facilitated through the Bhaisepati branch of Himalayan Life Insurance. The arrangement was managed by Balram Karki who serves as the Agency Manager for Emerging Star and Bagmati Province Star within the company. The involvement of high level agency management highlights the importance that the company places on child centric insurance products. During the handover ceremony the parents expressed that while toys and clothes are temporary a life insurance policy is a gift that will grow in value and provide support when the child reaches adulthood.
THE STRATEGIC IMPORTANCE OF EARLY CHILDHOOD INSURANCE
Starting an insurance policy during a child Pasni ceremony is a brilliant financial move for several reasons. First the premium for a child insurance plan is significantly lower when the entry age is young. For a 15 year term initiated at infancy the total investment made by the parents over the years will likely yield a much higher maturity benefit compared to plans started later in life.
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Hari Basnet the Chief of the Bhaisepati Branch provided comprehensive information to the family regarding the benefits of the policy. He emphasized that life insurance is not merely a tool for savings but a critical component of family security. In the context of Himalayan Life Insurance products for children these plans often include features like a Premium Waiver Benefit. This ensures that in the unfortunate event of the demise of the proposer or parent the policy remains active and all future premiums are waived while the child still receives the full sum assured and accumulated bonuses upon maturity.
HIMALAYAN LIFE INSURANCE AND THE RISE OF THE GIFTING TREND
Himalayan Life Insurance which was formed through the merger of Prime Life Union Life and Gurans Life has been at the forefront of creating innovative products that cater to the evolving needs of Nepalese families. Their child endowment plans are specifically designed to meet future expenses related to higher education or marriage. By gifting a policy of NPR 1 million Rabin Koirala has essentially created a dedicated fund that will be available to Rashmika when she is approximately 15 or 16 years old a time when she may be transitioning into higher secondary or university education.
The trend of gifting insurance policies on occasions like Bratabandha weddings and wedding anniversaries is also gaining momentum across Nepal. This shift is helping to reduce unnecessary and wasteful spending on lavish feasts and temporary luxuries. Instead the money is being channeled into the formal financial system contributing to the national economy while providing a safety net for individual families. As more people from districts like Dolakha move to urban centers like Kathmandu for better opportunities they are increasingly adopting these modern financial tools to safeguard their hard earned savings.
CONCLUSION AND LONG TERM IMPACT ON THE FAMILY
For Rabin Koirala and Simran Khatri this NPR 1 million policy is more than just a document it is a testament to their love and responsibility. It reflects a mindset where the focus is on building a secure and bright future for the next generation. As Rashmika grows the policy will accumulate annual bonuses further increasing the final payout she will receive. This serves as a powerful reminder that the best gifts are those that continue to provide value long after the ceremony is over.
The Bhaisepati branch of Himalayan Life Insurance continues to encourage other parents to follow this example. By integrating insurance into cultural celebrations families can ensure that their traditions are preserved while their financial futures are protected. This balanced approach to life and finance is setting a new standard for parenting in modern Nepal.
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