List of Life Insurance Companies in Nepal

List of  Life Insurance Companies in Nepal are as follows:

1. National Life Insurance Company Limited
National Life Insurance Company Limited (formerly known as National life & General Insurance Co.Ltd.) was incorporated in 1988 A.D. under Nepal Company Act 1964 and the insurance Act 1968 of Nepal with prime objective to meet growing insurance requirements of the country.

For more than two decades, National Life has built reputation as a company that believes in highest level of customer’s service. The company’s well known name and good reputation are reinforced by our commitment to deliver value and service to all who do business with us.

Contact
Tel: 4414799
Fax : 977-1-4435633
E-mail : nlgilife@mail.com.np
Website : www.nationallife.com.np
P.O.Box No. :4332, Narayanchour, Kathmandu

2. Nepal Life Insurance Company Limited
Nepal Life, established under the Company Act 2053 and Insurance Act 2049 as a public limited company on 2058/01/21 (04/05/2001). NepalLife is the foremost life insurance company established by private investors. The promoters of the company are a group of well known businessmen and business houses of Nepal. Within the eleven years of operation the Company has set up an excellent business record and has a strong financial position.

The company has an authorized capital of Rs. 100 Crore. Issued Capital of Rs 50 Crore and Paid-up Capital of Rs 63.75 Crore. As on Shawan 2070 the company has insured 5,33,251 under conventional policies worth Rs. 6,487 Crore and 5,30,408 Foreign Expatriate policies worth Rs. 2650.69 Crore. Out of the total premium collected the company has invested Rs. 1437.45 Crore as per guidelines of Bima Samiti. The company has insured itself with well-know reinsurance company "Hannover Re Life Reinsurance Company", Germany for conventional policies and "SCOR Global Life", France for Term Assurance Foreign Expatriate policies.

Contact
Tel: 01-4169082, 01-4169083, 01-4169085
Fax: 01-4169079
Email: nlic@mos.com.np
Website: http://www.nlic.com.np
Heritage Plaza-1, 2nd Floor, Kamaladi
G.P.O.Box. No. 11030

3. Life Insurance Corporation (Nepal) Limited
LIC (Nepal) Ltd. is one of the largest capitalized insurance companies of Nepal. A joint venture between Life Insurance Corporation of India(55%) and Vishal Group of Nepal (25%), the insurance company has public participation to the extent of 20%. Life insurance corporation (Nepal) Ltd. having Registration No: 765-057/58, was incorporated under the Companies Act 2053, on 27.12.2000. It has started Operations since 01.09.2001.

Contact
Tel: 01-4168537, 01-4168539
Fax: 01-4168538
Email: ceo@licnepal.com.np
Website: http://www.licnepal.com.np
Kathmandu Plaza, Kamaladi, X - Block, 2nd Floor
Po Box No: 21905, Kathmandu

4. American Life Insurance Company Limited
Protecting your financial future is one of the most important aspects of life that you can take care of. And with decisions that important, you need someone you can trust. So welcome to ALICO.

We have over 85 years’ experience in financial services, so we’re well-placed to offer a wide range of products including life, accident and health insurance, investments and savings. And, because in the past 80 years we haven’t come across any two customers who are the same, we tailor our solutions specifically to you - your needs, your circumstances and your family.

Contact
Tel: +977 1 5555166
Fax: +977 1 5555173
Email: service-nepal@metlifealico.com
Website: http://www.metlifealico.com.np
Narayani  Complex, Pulchowk
PO Box: 11590


5. Asian Life Insurance Company Limited
Asian Life Insurance Company has got operating license as per Insurance Act 2049 from Beema Samiti on 27th February, 2008 (Falgun 15, 2064) and started functioning on 3rd April, 2008 (Chaitra 21, 2064). After 6 years in Nepalese Life Insurance Business, Asian Life Insurance Company is the first life Insurance Company to receive operating License from Beema Samiti.

The Authorized Capital of the Company is Rs. 500 million. Out of which 458.96 million is currently paid up (70% by the promoter and the remaining 30% by the general public).

Contact
Tel: 977-1-4410115
Fax: 977-1-4442138
Email: asianlife@asianlife.com.np
Website: www.asianlife.com.np
ASIAN LIFE BHAWAN,Kathmandu Ma.Na.Pa Ward No 33, Maitidevi
Post Box No 25943

6. Gurans Life Insurance Company Limited
Gurans Life Insurance Co .Ltd. has been established and registered under Company Act 2063 B.s.(Regd. No. 1005/063-64) and Insurance Act 2049 as a public Limited Co. and was issued a license operate Life Insurance Business on 2064/12/18. Gurans Life Insurance Co .Ltd. is promoted by a Commerical Bank, T.M Dugar Group along with group of diverse and renowned Businessmen, Industrialist and Legal professionals.

Contact
Tel: 4465805,4465841,4465836
Fax: 4465861
Toll Free No:- 1660-01-44400
Email: info@guranslife.com
Website: http://www.guranslife.com
4th Floor,Shree Raj Bhawan, Tinkune, Kathmandu, Nepal
P.O.Box No : 19499

7. Surya Life Insurance Company Limited
Surya Life Insurance Co. Ltd. has been established and registered under Company Act 2063B.S.(Regd. No. 1006/063-64) and Insurance Act 2049 as a Public Limited Co. and was issued a license to operate Life Insurance Business on 2064/12/06(19th March'08)

Contact
Tel: 01-4423743, 4419565
Fax:00977-1-4004583
Email: info@suryalife.com.np
Website: http://www.suryalife.com
Han Building-2nd Floor, Gairidhara, Kathmandu, Nepal
P.O.B No:15121


8. Prime Life Insurance Company Limited
Prime Life Insurance Co. Ltd. (PrimeLife) came into existence in June 2007.

Contact

Tel: 00977-1-4441414
Toll Free: 16600144455
Email: info@primelifenepal.com
Website: www.primelifenepal.com
P.O.Box No: 25979, Hattisar
Kathmandu,Nepal

 Source: http://bsib.org.np

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