In simple terms: you pay a fixed amount each year, and at the end of the term you get your cover amount back together with the bonus the insurer adds along the way. International-standard insurance service. An excellent life insurance plan in Nepal with MetLife's global experience.
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 1-15 | Rs 55 | Rs 60 |
| 16-20 | Rs 65 | Rs 70 |
| 21 and above | Rs 75 | Rs 80 |
Recent years
- FY 2081/82
- Rs 40–70/ 1,000
- FY 2080/81
- Rs 55–75/ 1,000
- FY 2079/80
- Rs 60–80/ 1,000
- FY 2078/79
- Rs 60–80/ 1,000
- FY 2077/78
- Rs 60–80/ 1,000
* Company-wide declared range — the plan's own term bands were not published that year.
Source: MetLife Nepal declaration for FY 2081/82
Bonus rates are declared annually and are not guaranteed. Past rates do not guarantee future rates.
Maturity estimator
Estimated value at maturity
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What's included
Key highlights
- International brand
- Reliable
- High quality
Features
- International standards
- Maturity benefit
- Death benefit
- Bonus accumulation
- Premium waiver
What happens in each case
Each plan pays out differently depending on what happens during the term. These are the situations that matter for this kind of plan.
If the insured passes away during the term
The nominee receives the sum assured plus the bonus built up to that date, and the policy ends.
Typical for life insurance plans — confirm the exact terms in the brochure.
If the policy runs to maturity
You receive the sum assured plus the bonus built up to that date on the maturity date.
Typical for life insurance plans — confirm the exact terms in the brochure.
Optional riders
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
What's not covered
- Suicide within first 2 years
- Pre-existing undisclosed conditions
- Death from hazardous activities
Questions about this plan
Who can buy MetLife Endowment?
The entry age for MetLife Endowment is 18 – 60 years.
How long does MetLife Endowment run?
The policy term for MetLife Endowment is 15-25 years.
What bonus rate does MetLife Endowment earn?
For FY 2081/82, MetLife Nepal declared Rs 40–70 / 1,000 of sum assured on MetLife Endowment. Bonus rates are set each year and are not guaranteed.
Which riders can be added to MetLife Endowment?
MetLife Endowment can be taken with the following optional riders: PTD / PWB. Each rider carries its own premium.
Premium
Quote on request