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 three 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. Vision, Values, Ethics and Integrity Supporting these efforts are the National Life’s core values of professionalism, transparency, trust worthiness and honesty. These values are central to the company’s efforts to achieve its vision - to build financial freedom for all – the company remains committed to the highest standards of ethics and integrity. Capital/Shareholding Share Structure: Presently the company has paid up capital of around Rs.3082 million. National Life has a very sound shareholding structure as given below.  Shareholder's Category Previous Current Nepalese Promoters 45% 52.85% Foreign Collaborator 10% 2.15% Financial Institution Rastriya Banijya Bank   10% 10% Public Shareholders 35% 35% Total 100% 100% It is a listed company with approximately  11532 public shareholders and its shares of Rs. 100 each is being traded substantially above the face value. Business Philosophy: National Life is a leading life insurance company of Nepal, committed to offering financial solutions that provides all the security one needs for the family. Ensuring world class solutions by offering customized product with transparent benefits supported by the best technology is the company’s business philosophy. Some Financial Highlights: The Company’s Life Fund size is around Rs. 40 Billion. It has prime properties in various cities of the country and a modern multi storey commercial complex is planned for construction at its own land in Lazimpat, Kathmandu. It has substantial share investment in many financial institution, the value of which have increased many folds. Its annual premium collection stands at around Rs. 10 Billion and the company has provided insurance cover to more than 900,000 people.    Management: National Life is managed and headed by Executives having long standing and experience, thus clients are assured of Class one professional services.  

        National Life aims to: Achieve enviable market position through a multi-product platform. Adapt best practice blueprints as a sound platform for future growth. Deliver attractive returns to shareholders. Build a long term value with our business partners. Be the employer of the first choice by providing worthwhile career to its staff members.

The company is committed to offering financial solutions that provide all the security one needs for the family. Ensuring world class solutions by offering customized products with transparent benefits supported by the best technology is the company's business philosophy.

Information regarding Management Team.

National Life has reinsurance support and back up of world’s leading Reinsurance company Hannover Re, Germany and domestically with Nepal Reinsurance Company Ltd.. Thus, its clients are assured of insurance covers which are unique for its security and flexibility.

We use software called 'iSolution', developed by Darshantech Pvt. Ltd. which is online web based centralized life insurance software that can be accessed by our branches. With 'iSolution', we are able to deliver our services effectively and efficiently.

Information regarding Individual Agents and Corporate Agents...