1. i
DECLARATION
This Summer Project Report entitle “REPORT ON INSURANCE FACILITYPROVIDED
BYNEPAL LIFE INSURANCE COMPANYLTD, TO THEREPOTENTIAL
CUSTOMER ” which is submitted by me in partial fulfillment of the requirement for the award
of BBA degree of Pokhara university comprises only my original work and due acknowledgment
have made to materials used in the report.
Signature
Khagendra singh samant

2. ii
BONAFIED CERTIFICATE
Certified that this project report
“”REPORT ON INSURANCE FACILITY PROVIDED BY NEPAL LIFE
INSURANCE COMPANY LTD TO THERE POTENTIAL CUSTOMER”
is the bonafied work of
Khagendra singh samant
who carried out the summer project work under my supervision. This report is forwarded
for examination
……………………………….
DR. DILLE RAJ SHARMA
Supervisor

3. iii
ACKNOWLEDGEMENT
I wish to sincerely appreciate the “EXCEL INTERNATIONAL COLLEGE” for
providing me an opportunity to conduct such research as this is to enhance our
knowledge in the field of research methodology.
I extend my sincere thanks to all those people who directly or indirectly helped me in
completing this project report. I would like to forward my thanks to the manager and
officials of Nepal Life Insurance Company Limited for their hearty and persistent effort
to provide all the necessary information regarding my topic. I would like to express my
sincere thanks to our worthy project supervisors Dr. DILLE RAJ SHARMA and all my
friends for their guidance and suggestions.
Last but not the list I duly appreciate my friends for being my inspiration.
I sincerely hope that my small hope in gathering and documenting this information here
will be helpful in future study.

4. iv
Executive Summary
This report is based on the research work conducted to identify the Insurance facility provide by
the Nepal life insurance company limited to there potential customer. The objectives to
conducting the report is to find out the various insurance policy provided by the NLIC. The
research is limited up to the various insurance facility provided by the NLIC, their maturity
period etc.
Method of data collection include the direct observation, questionnaire and through the help of
the internet. And method of data collection includes tabulation and diagrammatic presentation of
the collected data. NLIC is the one of the first life insurance company in Nepal established by the
Nepali citizens. NLIC plays a vital role in the field of the insurance.
From the study it is found that the Nepal life insurance have 9 types of insurance policies, they
are Nepal Life Jeevan Jyoti Plan, Jeevan SAMBRIDHI, new Term Life Insurance, Single
Premium Endowment Policy (Saral Jeevan Beema Yojana), Jeevan Sarathi Beema Yojana,
Jeevan Sahara, Jeevan Laxmi – Triple Benefit Scheme with Bonus, Keta-Keti Jeevan bema
(Shiksha and Vivah), and Surakshit Jeevan Beema Yojana.
Among these types of insurance they have different types of features in themselves. They carry
different rates of interest, maturity period, insurance terms. Among them Keta Keti bema yojana
have least entry age i.e. the age of birth. And the highest entry age belongs to Jeevan Sahara
bema yojana i.e. 65 years. And the highest maturity is the age of 70 years which also belongs to
the Jeevan Sahara. The insurance term is also differ from each other, the least insurance term is
the 5 year and the highest insurance term is year 54 of jeevan Sahara bema yojana. The sum
assured of these types of insurance is also differing from each other. The minimum sum assured
is Rs 25000, and the maximum sum assured is on the basic of the income of insurer. Note that
On the basis of income is not more then the 3 times then the other issued maximum sum assured.

5. v
Table of content
Declaration i
Bonafide Certificate ii
Acknowledgement iii
Executive summary iv
Table of content v
List of tables v
List of figures ` vi
Chapter I Introduction
1.1 Background information 1
1.2 Objectives of the project work 3
1.3 Review of related studies 4
1.4 Research methods 6
Chapter II Data analysis and major finding
2.1 Data analysis and presentation 8
2.2 Major finding and discussion 21
Chapter III Summary and Conclusion
3.1 Summary 22
3.2 Conclusion 23
Reference 24
Appendix 25
List of tables
Table 2.1.1 Insurance premium according to the insurance period 13
Table 2.1.2.1 Minimum and maximum sum assured of different types
of insurance policies 15
Table 2.1.2.2 Minimum and maximum entry age of insurance policies 16
Table 2.1.2.3 Maximum maturity year of each insurance policy 17

6. vi
Table 2.1.2.4 Maximum and minimum insurance term of the insurance policy 18
List of figures
Figure 2.1.2.1 Maturity period of each types of insurance 19
Figure 2.1.2.2 Insurance terms of different types of insurance 20