Definitions and History

Insurance in General is transferring of risks that are unforeseeable but in case of Life Insurance since death is definite, we cannot transfer this risk but the problems & consequences that comes after someone’s death can be covered. Huge expenses like marriage, education, medical treatments could be covered by having a life insurance.

Everyone with a sound health and has a reasonable level of income can be insured, however in some cases there may be medical requirements and even medical conditions are accepted provided client is ready for medical checkup as per requirements of the Company.

The type of product suitable for you entirely depends on your need. To discuss your need please contact us. Our advisors will happily assist you.

The ideal level of coverage in general should be equivalent to 10-year income of Insured however, this may vary depending upon need.

Yes, it is, since there should be someone designated to receive claim in case of eventuality of the insured.

Anyone from immediate family/blood relation who will suffer consequences in case of eventuality of Insured. 

You can pay premium at any offices and branches of Reliance Life Insurance Ltd. Bank deposit and Bank transfer from within the country is also accepted. You can also pay premium via e-payment channels like E-Sewa,FonePay, Khalti, connectIPS & Cell Pay. 

Insurance policy becomes inactive/lapse in case you fail to pay a premium and risk is not covered while policy is inactive. However, this can be reinstated within the insurance term by fulfilling certain requirements of the company.

Yes, major changes such as addition/deletion of rider benefit, face amount etc can be made.  However changes related to contact details, nominee etc. can be changed anytime by contacting our customer service department.

Insurer – The party in an insurance contract promising to pay compensation to insured.

Insured - a person or company covered by insurance

A contract between two parties (Insured or Policy Holder and Insurer) in which the insurer promises to pay for losses caused to insured under the policy provisions for an initial and regular payment, known as the premium, to insurer.

You need to fill the Insurance Application Form and submit it in our office along with your recent passport size photo and copy of ID (Citizenship, Driving License or Passport). The submitted application will be checked and verified and will be processed for approval. After approval, you can pay the premium and get the desired Insurance Policy.

Or you can also contact our Reliance Saathi who will guide you throughout the process.

A form which should be filled by the person (known as proposer or Applicant), interested to buy an insurance policy. This form needs to be filled in with utmost care as this is the basis of life insurance contract.

Basic factors affecting premium are: Plan, Term, Coverage of Insurance and Age of Proposer or Applicant.

Standard Premium – A premium amount found by calculating the regular rates on account of Plan, Term, Coverage and Age of Proposer.

            Extra Premium – Additional premium amount added in the standard premium because of proposer’s extra hazardous occupation, health condition or residence.

•          Occupations: Drivers of Heavy Vehicles (truck, dozer, tank, etc.), scuba divers, mountaineers, etc.

•          Health Condition: Person with medical history (Hypertension, Diabetes, Thyroid, etc.), abnormal BMI, etc.

Age below 15 years with coverage above NPR. 10 lakhs, Age between 16 to 45 years and coverage above NPR. 25 lakhs, Age between 46 to 55 years and coverage above NPR. 10 lakhs, Age 56 years and above, Applicant with abnormal BMI and having medical history (like Hypertension, Diabetes, Thyroid, etc.).

For coverage above NPR. 25 lakhs.

* Proof of age (Citizenship/Passport/Driving License),

            * Recent passport size photograph, and

            * Employee ID for applicants who are Government, Semi-government, Corporate employees.

The terms and conditions under which the insurer is liable to receive premiums and pay claims to the insured.

A policy rider is an add-on to the primary policy, which offers benefits over and above the policy at nominal cost.

१. बीमालेख चालु अवस्थामा हुनुपर्छ
२. बीमाशुल्क सबै तिरेको हुनुपर्छ
३. ३० दिनको मोहलत अवधिमा रक्षावरण गरिने छ
४. आत्महत्यामा २ वर्षको बीमाशुल्क तिरेको हुनुपर्छ 

सबै कागजातहरु नोटरी पब्लिकबाट प्रमाणित प्रतिलिपि हुनु पर्छ
१. लिखित निवेदन ईच्छाइएको व्यक्तिको तर्फबाट सक्कल बीमालेख,
२. ईच्छाइएको व्यक्ति बीचको नाता प्रमाण पत्र
३. बीमित तथा ईच्छाइएको व्यक्तिको नागरिकता प्रमाण पत्र
४. ईच्छाइएको व्यक्तिको नाबालकको हकमा जन्मदर्ता प्रमाण पत्र
५. स्थानीय पञ्जिकाधिकारीको कार्यालयद्धारा जारी गरिएको मृत्यु दर्ता प्रमाण पत्र
६. बीमितको मृत्यु अगाडि तथा विगतमा भएको औषधी उपचार सम्बन्धी सम्पूर्ण जानकारी एवं       कागजातहरु
७. जाहेरी, घटनास्थल प्रकृती मुचुल्का, शव परिक्षण प्रतिवेदन लगायतका प्रहरी प्रतिवेदनहरुको प्रमाणित प्रतिलिपी (दुर्घटना मृत्युमा)
८. पासपोर्ट साइजको फोटो १ प्रति ( ईच्छाईएको व्यक्तिको)
९. अस्पतालबाट जारी गरिएको मृत्यु प्रमाण पत्र

१. लिखित निवेदन 
२. उपचारका कागजातहरु
३. प्रहरी रिर्पोट

 १. निरुपण भएदेखिको उपचारका कागजातहरु

कुनै पनि परिवर्तन गर्नुपरेमा बीमालेख आवश्यक हुन्छ
रिलायन्सको बीमालेख परिर्वतन आवेदन फारम भरि बुझाउनु पर्ने छ
१. पुरक करार थप घट गर्नुपरेमा (मोहलत अवधिमा) 
२. उमेर सच्चयाउनुपरेमा
३. बीमांक रकम थप गर्नुपरेमा (बीमालेख जारी गरेको मितिबाट ६ महिनाभित्र)
४. बीमांक रकम घटाउनु परेमा (मोहलत अवधिमा)
५. योजना परिवर्तन गर्नुपरेमा (धन फिर्ता योजनाको हकमा पहिलो किस्ता भुक्तानी भन्दा अगावै)
६. ईच्छाइएको व्यक्ति परिवर्तन गर्नुपरेमा
१०.बीमाशुल्क भुक्तानी तरिका परिवर्तन गर्नुपरेमा (मोहलत अवधिमा)

१. बीमालेख व्यतित भएको अवस्थामा 
२. बीमालेख मालिकले पुनर्जागरण फारम भर्नु पर्ने हुन्छ
३. आवश्यक परेमा बीमालेख मालिक वा बीमित वा दुवैले स्वास्थ्य परिक्षण प्रतिवेदन पनि उपलब्ध गराउनु पर्ने छ
४. तिर्न बा“की बीमाशुल्कमा कम्पनीको नियमानुसार ब्याज लाग्ने छ 
५. स्वास्थ्य परिक्षण गरे वापतको शुल्क बीमालेख मालिकले ब्यहोर्नु पर्नेछ 

१. बीमालेख चालु अवस्थामा हुनुपर्ने छ
२. दुई वर्षको बीमाशुल्क तिरेको हुनुपर्ने छ
३. समर्पण फारम भरी बुझाउनु पर्ने छ
४. तिरेको बीमाशुल्क नभई समर्पण मुल्य पाइने छ
५. समर्पण पश्चात बीमामा कम्पनीको कुनै दायित्व बाकी रहने छैन 
६. सक्कल बीमालेख बुझाउनु पर्ने छ

१. बीमालेख व्यतित वा घटाइएको बीमा नभएको हुनुपर्छ
२. आंशिक तथा पूर्ण भुक्तानीको लागि फारम भरी बुझाउनु पर्ने छ
३. पूर्ण भुक्तानीको लागि सक्कल बीमालेख बुझाउनु पर्ने छ

१. बीमालृख हराएको सुचना राष्ट्रिय दैनिक पत्रिकामा प्रकाशित गर्नुपर्ने छ
२. राष्ट्रिय दैनिक पत्रिकामा प्रकाशित भएको मितिबाट ३५ दिन प्रतिक्षा गर्नुपर्ने छ
३. बीमालेख मालिकले सबै शुल्क ब्योहर्नु पर्ने छ 
४. फारम भरी बुझाउनु पर्ने छ