Sun Nepal Life Launches Sun Smart Protection Insurance Plan: Check Key Features
18th September 2026, Kathmandu
Sun Nepal Life Insurance Company Limited has officially launched the “Sun Smart Protection Insurance Plan” on the occasion of its 9th anniversary to enhance financial security for citizens.
Sun Smart Protection Insurance Plan
The insurance product was formally inaugurated by Chief Executive Officer Raj Kumar Aryal alongside senior management personnel during a dedicated product inauguration ceremony held on Ashoj 1.
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Key Features and Coverage Benefits
The new insurance scheme aims to provide substantial economic protection at a low cost for individuals aged between 18 and 65 years, balancing professional and family obligations for primary breadwinners.
- Sum Assured Options: Policyholders can select a minimum sum assured of NPR 1,000,000 (NPR 10 Lakh), with maximum coverage determined based on the applicant’s income source.
- Flexible Payment Modes: Premium payment options are available on a monthly, quarterly, semi-annual, and annual basis.
- Death Benefit: In the unfortunate event of the insured’s death, 100 percent of the total sum assured is paid out to beneficiaries.
- Optional Rider Benefits: Includes optional funeral expense coverage up to NPR 50,000 and “Sun Medicare” emergency health service coverage up to NPR 100,000.
- Digital Accessibility: The policy can be easily purchased through company branch offices or digitally via www.sunlife.com.np and the Sun Connect app.
Company Profile and Operational Network
Sun Nepal Life Insurance continues to expand its technological capabilities and nationwide reach as a digital-first life insurer.
- Corporate Profile: Registered on 2074/06/06 BS, the ISO 27001:2022 certified company has an authorized capital of NPR 10 Billion and a paid-up capital of NPR 5.28 Billion.
- Distribution Network: The company delivers life insurance services across the country through over 40,000 active agents and 136 branches and sub-branches.
For More: Sun Smart Protection Insurance Plan
