Bonus Rates of 8 Life Insurance Companies Released

14th December 2025, Kathmandu

The competitive landscape of Nepal’s life insurance sector has seen a major development with the announcement of new bonus rates by eight out of the fourteen life insurance companies currently in operation.

Bonus Rates Released

These bonus rates are applicable to various participating (profit-sharing) insurance policies for the Fiscal Year 2024/25.

The companies that have successfully completed their financial assessment and actuarial valuation to announce their bonus rates include Nepal Life Insurance, National Life Insurance, SuryaJyoti Life Insurance, Citizen Life Insurance, IME Life Insurance, Sanima Reliance Life Insurance, MetLife Nepal, and Sun Nepal Life Insurance. The remaining six life insurance companies have yet to disclose their respective bonus rates for the period.

Understanding the Bonus Rate and its Application

The declaration of policy bonuses is a result of a rigorous process involving the assessment of the company’s financial position and the actuarial valuation of its liabilities for the preceding fiscal year.

Regulatory Requirement: Upon successful valuation and approval from the Nepal Insurance Authority (NIA), the bonus rates are declared on policies that share in the company’s profits. The rate is calculated per 1,000 Nepalese Rupees of sum assured on the policy.

Applicability: The announced bonus rates are immediately applicable to a range of claims and active policies. This includes death claims, full or partial maturity claims, surrender value claims, paid-up value claims, and all currently active policies. These rates will remain effective until a new actuarial valuation is formally approved by the Nepal Insurance Authority in the subsequent year.

Comparison of Maximum Bonus Rates

The maximum bonus rate offered by a company is a key metric for policyholders, as it reflects the company’s profitability and its commitment to rewarding long-term investment. Among the eight companies that have announced their rates, the top offers are:

SuryaJyoti Life Insurance: Offers the highest bonus of up to NPR 90 per thousand.

National Life Insurance: Offers a maximum bonus of up to NPR 86 per thousand.

Nepal Life Insurance: Offers a maximum bonus of up to NPR 85 per thousand.

Sun Nepal Life Insurance: Offers a maximum bonus of up to NPR 80 per thousand.

Citizen Life Insurance: Offers a maximum bonus of up to NPR 80 per thousand.

IME Life Insurance: Offers a maximum bonus of up to NPR 80 per thousand.

Sanima Reliance Life Insurance: Offers a maximum bonus of up to NPR 75 per thousand.

MetLife Nepal: Offers a maximum bonus of up to NPR 70 per thousand.

Detailed Policy-wise Bonus Structure

The specific bonus rate varies significantly depending on the type of policy, its term, and the payment structure (regular or advance premium).

Nepal Life Insurance

Nepal Life announced rates ranging from NPR 60 to NPR 85 per thousand. The highest rate, NPR 85, is allocated to policies under its Jeevan Sarathi plan. Other policies such as Secure Life, Jeevan Jyoti, Rural Term, Micro Term, and various child, education, and single premium plans, including Jeevan Uday, generally fall between NPR 60 to NPR 82. Advance premium policies like Jeevan Sambriddhi and Dhan Barsha plans are assigned a rate of NPR 56.

National Life Insurance

National Life Insurance has fixed its bonus rate from a minimum of NPR 60 to a maximum of NPR 86 per thousand. For term insurance policies such as Child Education and Marriage, Group Amrit Term, Bhavishya Britti, and Sanjeevani Amrit Term, the bonus ranges from NPR 64 to NPR 86, with the maximum rate applicable to policies with terms of 26 years and above. Advance premium policies and Whole Life policies like Jeevan Amrit and Bal Amrit generally offer rates in the NPR 60 to NPR 85 range.

SuryaJyoti Life Insurance

SuryaJyoti Life Insurance offers the market-leading bonus of up to NPR 90 per thousand, specifically for its Chaurasi Puja Life policies. Other policies see rates ranging from NPR 40 to NPR 75 for term life, and NPR 42 to NPR 60 for advance premium term policies. Notably, the company holds the distinction of being ISO 9001:2015 certified and the first in Nepal’s life insurance sector to offer a high coverage limit of up to 5 million rupees for the treatment of 35 critical illnesses.

Citizen Life Insurance

Citizen Life announced bonus rates between NPR 25 and NPR 80 per thousand for all its profit-participating policies. Its Citizen Jeevan Sarathi (term and whole life) plans receive the highest rate of NPR 80, while its Annual Advance Premium policies offer the minimum rate of NPR 25 to NPR 28.

IME Life Insurance

IME Life offers bonuses ranging from NPR 22 to NPR 80 per thousand. The highest rate of NPR 80 is applicable to its Term and Whole Life plans, including the Kalpadhan policy. The lowest rate of NPR 22 is seen in its Annual Advance Premium plans such as Dhan Sarita and Dhan Sarita Plus.

MetLife Nepal

MetLife Nepal’s announced rates range from NPR 40 to NPR 70 per thousand. The maximum bonus of NPR 70 is applicable to its Term Life and Education Protection Plans. Its My Child Education Protection Plan has a bonus rate between NPR 40 and NPR 50.

Sun Nepal Life Insurance

Sun Nepal Life Insurance’s highest bonus rate is NPR 80 per thousand, offered under the Nabin Whole Life policy. Other policies, including SunLife Term, Bhagyodaya Life, and Bal Samriddha Life, typically range from NPR 33 to NPR 70.

Sanima Reliance Life Insurance

Sanima Reliance Life Insurance has the lowest maximum bonus rate among the announced companies at NPR 75 per thousand. Its rates are highly varied, with regular term and term and whole life policies reaching NPR 70, while some policies like Annual Advance Premium offer a low of NPR 19 to NPR 21.

Conclusion on Bonus Payouts

The release of these bonus rates provides clarity to thousands of policyholders regarding the returns on their profit-participating policies for the last fiscal year. SuryaJyoti Life Insurance currently leads the market with the highest announced maximum bonus of NPR 90 per thousand, closely followed by National Life Insurance.

For More: Bonus Rates Released