MetLife Endowment
OtherPopular
Sum assured
Rs 15 L
Premium / yr
Rs 20,000
Term
15–25 yrs
Entry age
18–60
About this plan
International-standard insurance service. An excellent life insurance plan in Nepal with MetLife's global experience.
What's included
Key highlights
- International brand
- Reliable
- High quality
Features
- International standards
- Maturity benefit
- Death benefit
- Bonus accumulation
- Premium waiver
Eligibility & term
- Entry age
- 18 – 60 years
- Policy term
- 15-25 years
Declared bonus
Rs 45–75 / 1,000
FY 2080/81
Declared range for the fiscal year shown — the exact rate depends on the plan and term. Rates are revised annually and are not guaranteed for future years.
Optional riders
Accidental death (ADB)PTD / PWBCritical illness (CI)
ADB
Accidental Death Benefit
Critical Illness
Coverage for 30+ critical illnesses
Premium Waiver
Waives premiums on disability/critical illness
Hospital Cash
Daily cash benefit during hospitalization
Loan & liquidity
- Surrender allowed
- After 3 years
- Surrender value
- 80% of paid premiums
- Loan facility
- Up to 90% of surrender value
- Grace period
- 30 days for annual, 15 days for monthly
Pros & cons
Pros
- International brand with global risk management expertise
- Most comprehensive rider options among Nepal insurers
- Premium waiver rider protects against disability
- Strong financial backing from MetLife global
- Modern digital services and app
Cons
- Highest premium among comparable endowment plans
- Bonus rates lower than Nepal Life and SuryaJyoti
- Limited branch network compared to local insurers
- Premium may be expensive for average earners
What affects your premium
- Age at entry
- Sum assured
- Policy term
- Rider selections (adds to premium)
- Premium payment frequency
How to claim
- 1Call MetLife claims helpline
- 2Submit online claim with documents
- 3Dedicated claims officer assigned
- 4Settlement within 15 days of document completion
Best for
ProfessionalsInternational standard seekersComprehensive coverageDigital-first users
What's not covered
- Suicide within first 2 years
- Pre-existing undisclosed conditions
- Death from hazardous activities
Other plans from MetLife Nepal
Premium / yr
Rs 20,000