Latest Declared Bonus Rates: National Life Insurance
National Life Insurance declares annual reversionary bonuses based on actuarial valuations approved by the Nepal Insurance Authority. Below are the official declared rates in Nepalese Rupees per thousand Sum Assured (रु. प्रति हजार बीमाङ्क):
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| Policy Category | 5 – 9 Yrs | 10 – 14 Yrs | 15 – 19 Yrs | 20 – 24 Yrs | 25+ Years |
|---|---|---|---|---|---|
| Endowment Assurance (सावधिक जीवन बीमा) | Rs 47 | Rs 52 | Rs 60 | Rs 70 | Rs 85 |
| Anticipated Endowment / Guras (धन फिर्ता) | Rs 45 | Rs 48 | Rs 55 | Rs 64 | Rs 72 |
| Child Education / Bal Amrit (बाल अमृत योजना) | Rs 47 | Rs 52 | Rs 60 | Rs 70 | Rs 85 |
| Whole Life / Amritshree (अमृतश्री / आजीवन) | Rs 50 | Rs 56 | Rs 65 | Rs 75 | Rs 87 |
Top 4 Popular Insurance Plans: National Life
1. Amritshree Life Policy (अमृतश्री जीवन बीमा)
Unique hybrid combining endowment savings with lifetime pension annuity benefits. Provides financial protection during earning years and guaranteed income in retirement.
2. Sawadhik Beema (सावधिक जीवन बीमा)
Classic endowment policy offering National Life’s highest declared bonus rates up to Rs 85 per thousand on terms exceeding 25 years. Ideal for conservative nest eggs.
3. Bal Amrit Plan (बाल अमृत जीवन बीमा)
Child educational policy with built-in Premium Waiver Benefit (PWB). If the parent passes away during the term, all future premiums are waived while education stipends continue.
4. Guras Money Back (गुराँस अग्रिम भुक्तानी)
Structured money-back policy distributing survival benefits every 4 years (e.g. 20%, 20%, 20%, 40% + accrued bonus at maturity), providing capital liquidity during the policy term.
National Life Claim Settlement Process & Directives
National Life maintains an audited Claim Settlement Ratio (CSR) of 95.8%. Compliant with the Nepal Insurance Authority Claims Directives, claims follow a 3-step protocol:
claims@nationallife.com.np within 30 days of the occurrence with policy identification.
Independent Editorial Evaluation: Pros & Cons
✓ Strengths (फाइदाहरू)
- Over 35 Years of Institutional Trust: Established in 1988 AD, demonstrating consistent stability through multiple economic cycles.
- Rs 85B+ Life Fund Reserve: Third largest reserve in Nepal, providing exceptional claim fulfillment solvency.
- Generous Long-Term Bonus Rates: Declares up to Rs 85 per thousand sum assured on 25+ year endowment plans.
- Deep Branch Network: 140+ branches covering urban centers as well as remote hill and Terai districts.
✗ Limitations (कमजोरीहरू)
- Digital web customer portal is comparatively basic compared to newer post-merger private insurers.
- Online policy purchase options are limited; most policies still require physical agent facilitation.
- Strict underwriting guidelines for self-employed individuals without audited tax returns.
National Life is ideal for families seeking multi-decade capital compounding backed by a pioneer private insurer with an unblemished 35-year solvency track record. If you are targeting a 20 to 25 year savings plan with peak bonus rates up to Rs 85/thousand and reliable local branch support, National Life is a premier option.
Corporate Contact & Major Branch Hubs
Frequently Asked Questions: National Life Insurance
Calculate Your National Life Policy Maturity & Bonus
Estimate your maturity payouts with declared bonus compounding and automatic 5% TDS deduction under Inland Revenue Department rules.