14th October 2025, Kathmandu
The dynamic field of non-life insurance in Nepal is set for growth, and NLG Insurance Company Limited is opening its doors to aspiring agents. A critical first step toward becoming a licensed insurance professional is completing the mandatory agent training.
NLG Insurance Agent Training
NLG Insurance has officially announced its upcoming basic training program, providing a crucial gateway to a rewarding career in the non-life sector, covering everything from property and motor insurance to engineering and miscellaneous risks.
Seizing the Opportunity: Key Dates and Venue for the Training
NLG Insurance Company Limited, a prominent name in Nepal’s general insurance sector, is conducting a focused training session to equip new agents with the foundational knowledge required for the profession.
- Training Start Date: Ashwin 30, 2082 B.S. (October 16, 2025)
- Training End Date: Kartik 1, 2082 B.S. (October 18, 2025)
- Duration: The basic training program is a three-day course, a standard industry practice to cover the fundamental principles of general insurance and regulatory compliance.
- Daily Schedule: The sessions are scheduled to begin daily at 10:00 AM.
- Application Deadline: Prospective agents must submit their application documents by Ashwin 29, 2082 B.S. (October 15, 2025). This tight deadline means interested candidates must act swiftly to secure their spot.
- Location: The training will be hosted at the Central Office of NLG Insurance, Kathmandu.
This training is not just a formality; it is a foundational course that prepares candidates for the rigorous demands of the market and aligns them with the standards set by the Nepal Insurance Authority (NIA).
Eligibility and Mandatory Documentation
To ensure a high standard of professionalism in the insurance industry, the Nepal Insurance Authority (NIA) has established specific minimum criteria that must be met by all agent applicants. NLG Insurance is adhering strictly to these regulatory requirements for its October 2025 intake.
Mandatory Eligibility Criteria
The primary criterion for application, as outlined by NLG Insurance, is the educational qualification:
Minimum Educational Qualification: Applicants must have successfully completed Grade 12 or the equivalent (Proficiency Certificate Level) from a recognized educational institution. This requirement supersedes the older SLC/SEE minimum and demonstrates the increasing professionalization of the insurance agent role under recent regulatory updates (such as those in the Insurance Regulations, 2081).
Required Application Documents
To formally register for the training, interested Nepali citizens must prepare and submit the following documents to the NLG Insurance central office before the deadline:
- Copy of Academic Certificates: Proof of having met the minimum educational qualification (Grade 12 or equivalent).
- Copy of Citizenship Certificate: A mandatory document for verification of nationality and identity.
- Passport-Size Photos: Four recent passport-size photographs for the application file and training certificate.
- Permanent Account Number (PAN): A copy of the PAN card is necessary as tax compliance is a prerequisite for financial professionals in Nepal.
- Mobile Number: For essential communication regarding the training schedule and post-training licensing process.
Prospective agents are highly encouraged to contact the NLG Insurance Head Office directly to confirm the exact submission procedure and to inquire about the specific training fee, as this detail is often updated and communicated directly by the company.
Understanding the Financial Commitment: Training and Licensing Costs
While the provided notice from NLG Insurance confirms the key dates and required documents, it does not explicitly state the training fee charged by the company. However, based on recent industry trends and the revised regulations by the Nepal Insurance Authority (NIA), a clearer picture of the total financial commitment for a new agent can be established.
Regulatory Fees for Agent Licensing
Under the latest Insurance Regulations, the costs associated with obtaining an agent license in Nepal have been significantly revised. The total cost, excluding the specific training fee charged by NLG Insurance, typically includes:
- Agent License Fee: The fee payable to the Nepal Insurance Authority for the license is approximately NPR 2,500.
- Regulatory Fee: An additional regulatory fee of approximately NPR 500 is often levied.
- Total Regulatory Cost: This results in a total regulatory payment of around NPR 3,000 for the license and examination fees alone, an increase from previous rates.
It is important to note that the basic training fee charged directly by NLG Insurance (for the three-day course) would be an addition to these regulatory costs. Candidates should confirm the specific training fee with the NLG Head Office when submitting their application.
Beyond Training: The Path to Becoming a Licensed Non-Life Agent
Completing the agent training is the first step toward a license; the second is passing the mandatory licensing examination.
Training and Curriculum Focus
The non-life agent training is designed to cover the fundamental aspects of the general insurance business. While the specific curriculum for NLG Insurance’s training is not detailed in the announcement, it will be structured to prepare candidates for the Agent License Examination conducted by the Nepal Insurance Authority. The syllabus generally includes:
- Basic Principles of Insurance: Concepts like utmost good faith, insurable interest, indemnity, and proximate cause.
- Non-Life Products: Detailed knowledge of key non-life insurance categories, such as Fire Insurance, Motor Insurance, Marine Insurance, Engineering Insurance (Contractor’s All Risks), and various Miscellaneous Insurance products offered by NLG.
- Insurance Law and Regulations: A focus on the Insurance Act, 2079, and relevant NIA regulations.
- Agent Duties and Ethics: Understanding the agent’s role, liability, customer service, and ethical marketing practices, including avoiding mis-selling.
The Agent License Examination
Upon receiving the training certificate from NLG Insurance, the candidate becomes eligible to sit for the Agent License Exam, which is now conducted by the Nepal Insurance Authority. This exam ensures all licensed agents meet a national standard of competency. The exam features:
- Format: Typically an objective, multiple-choice format.
- Weightage: Total weightage is usually 100 marks.
- Passing Score: A minimum of 50 marks is generally required to pass and qualify for the license.
Successfully completing the NLG training and passing the NIA-mandated examination will pave the way for the candidate to be registered and issued an official Non-Life Insurance Agent License.
The Importance of Non-Life Insurance in the Nepali Market
NLG Insurance, established in 2005, is a key player in the non-life sector, offering a diverse product portfolio that includes Property Insurance, Marine Cargo, Engineering, and various Micro-Insurance schemes. Non-life agents play a crucial role in mitigating financial risks for businesses and individuals across the country, making this profession both financially viable and socially impactful. The ongoing expansion of infrastructure and economic activities in Nepal creates a constant demand for qualified non-life insurance professionals to protect assets against unforeseen losses like fire, natural disasters, and accidents.
In summary, the NLG Insurance Non-Life Agent Training scheduled for October 16-18, 2025, represents a timely opportunity for eligible individuals to formally begin their journey in the Nepali insurance market. All interested applicants must ensure their documents are submitted by the October 15 deadline.
For More: NLG Insurance Agent Training