Nari Suraksha Jeevan Beema Yojana by Nepal Life Insurance: A Comprehensive Guide

13th July 2026, Kathmandu

Nepal Life Insurance Company Limited has officially launched the Nari Suraksha Jeevan Beema Yojana, a specialized insurance product crafted exclusively for women.

Nari Suraksha Jeevan Beema

Operating under the structural framework of an Anticipated Endowment Life Insurance plan with profit participation, this policy masterfully blends systematic savings, annual cash inflows, and lifelong protection.

The policy addresses the unique healthcare and lifestyle challenges women face by incorporating industry-first maternity benefits and an escalating life cover setup. It stands out as a pioneering choice for modern women seeking long-term financial independence and family security.

Core Product Features and Eligibility Parameters

The foundational structure of this financial protection tool is governed by strict age brackets and term options to accommodate various life stages:

• Minimum Sum Assured: NPR 250,000 (Two Lakh Fifty Thousand Rupees)
• Maximum Sum Assured: Dependent on individual income sources and underwriting approvals
• Policy Entry Age: 18 Years minimum to 65 Years maximum
• Policy Term Options: Choose from fixed horizons of 10, 15, 20, or 25 Years
• Maximum Age at Maturity: 75 Years maximum age limits apply

The financial design offers multiple premium payment modes to align with personal budgeting cycles, featuring annual, semi-annual, quarterly, and monthly options. While the annual payment mode carries no extra administrative load, alternative modes incur minor adjustments: semi-annual payments add 1%, quarterly payments add 2%, and monthly payments add 2% to the baseline rate.

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Breakdown of Core Policy Benefits and Escalating Death Cover

The plan delivers value through three primary benefit pillars that guarantee liquidity during survival and enhanced cushions during critical times:

• Annual Cash Gift Benefit: While the contract remains in force and the policyholder is alive, the company distributes a fixed cash gift on every policy anniversary calculated directly from the base sum assured.
• Increasing Death Benefit: If the insured passes away before maturity, the protection plan steps up significantly to shield the nominee. The base sum assured automatically increases by 25% for every five completed policy years. For a base policy of NPR 500,000, the payout scales to NPR 625,000 between years 5 and 10, and reaches up to NPR 1,000,000 after year 20. Accrued corporate bonuses are added to this, calculated purely on the base sum assured.
• Maturity Benefit: Upon surviving the entire selected policy horizon, the insured woman receives a guaranteed lump sum payout combining the original base sum assured with all accumulated annual corporate bonuses.

Industry-First Specialized Maternity Protection Riders

Setting a new standard in Nepal’s life insurance industry, this plan introduces optional maternity riders to assist women during pregnancy milestones. These riders operate within strict age parameters and hold distinct claim rules:

• Pregnancy Complication Rider: Available to women aged 20 to 40 with a completion age cap of 50. It triggers an immediate lump-sum benefit of NPR 100,000 if the policyholder is diagnosed with any of the 11 covered conditions. These include Eclampsia, Pre-Eclampsia, Placental Abruption, Postpartum Haemorrhage, Puerperal Sepsis, Ectopic Pregnancy, Severe Preterm Labour (under 24 weeks), Pulmonary Embolism, Peripartum Cardiomyopathy, Gestational Diabetes, and Severe Anemia (HB less than 7 mg/DL). Formal medical evidence must be forwarded to the company instantly.
• Prenatal Care Rider: Open to applicants aged 20 to 40 with coverage ending at age 45. It requires a mandatory 1-year waiting period from the policy inception date. It offers a one-time lump-sum cash assistance of NPR 10,000 to cover routine pregnancy healthcare. Claims must be certified by a registered gynecologist, medical officer, or authorized nurse carrying a valid Nepal Medical Council registration number. Private home tests or unverified clinic receipts will face rejection.

Supplementary Risk Coverage and Wealth Optimization Features

Beyond maternity additions, policyholders can attach standard financial safety nets to their core plan. These additions include the Accidental Death Benefit, Permanent Total Disability Benefit, and the Premium Waiver Benefit. These standard riders accept entry from ages 18 to 60, with protection ending at age 70. A Term Rider option is also available to boost base life coverage.

The plan also acts as a liquid financial asset through its built-in loan and policy surrender facilities. Policyholders gain the right to leverage their policy after making three full annual premium payments and completing three full calendar years.

Up to 90% of the calculated surrender value can be borrowed directly from the treasury to meet urgent liquidity needs. If any outstanding loan balances or unpaid interest amounts remain at the time of a claim or maturity, the settlement team will deduct those charges before releasing final payouts.

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