MetLife Nepal
MetLife Nepal is the Nepali branch of American Life Insurance Company (MetLife), selling individual and group life, health, and accident insurance through ~28 branch/agency offices and digital channels since 2001. It serves consumers, corporate employers, affinity groups, and micro-insurance segments across Nepal.
- Company typePrivate
- Founded-
- HeadquartersLalitpur, Nepal
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What MetLife Nepal does
MetLife Nepal is the Nepali branch operation of American Life Insurance Company (MetLife global), headquartered in Lalitpur and operating across Nepal since 2001. The company sells individual and group life, health, and accident insurance products through an extensive agency network of approximately 28 branch and agency offices spanning Kathmandu Valley, Koshi Province, Lumbini Province, Narayangadh, Pokhara, Dhangadi, Surkhet, and other regional centers. Its product portfolio includes term insurance (LifeCare covering 24 diseases), critical illness riders (Critical Illness Plus covering 11 illnesses), accident insurance (LifeShield with four packages), savings-linked plans (Future Care DPS, Midterm Growth Plan, Double Protection Plus), child education plans (MCEPP), and retirement plans (Subhabisya Beema with five payout options), alongside group life/GPA/critical illness policies and micro insurance for affinity groups.
The underlying technology platform combines Nepal-specific digital channels (One by MetLife app on Android and iOS with 360Health AI-enabled services, digital insurance application portal, online premium calculator, and online claims registration) with global MetLife tools (KITE for agent policy processing, MARS for agent recruitment, DAP learning platform). Premium collection is supported through 18 partner banks and five digital wallets including eSewa, Khalti, Fonepay, Connect IPS, and IME Pay. The business model is recurring premium-based across individual subscription plans, group annual policies, micro insurance, and agent commissions (earning up to 10 years per policy), with multi-year product terms creating policyholder switching costs and predictable premium streams. Customers span individual consumers at life-stage segments (single, married, families, pre-retirees), corporate employers offering employee benefits, affinity/micro groups, and underserved rural populations, with named enterprise testimonials including the British Embassy Kathmandu and Deerhold Nepal.
MetLife Nepal firmographics
Firmographics- Name
- MetLife Nepal
- Legal name
- American Life Insurance Company
- Website
- https://metlife.com.np
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- MetLife Nepal is the Nepali branch of American Life Insurance Company (MetLife), selling individual and group life, health, and accident insurance through ~28 branch/agency offices and digital channels since 2001. It serves consumers, corporate employers, affinity groups, and micro-insurance segments across Nepal.
- Ownership category
- akta.pro rank
MetLife Nepal industry classification
Industry- Product category
- Life Insurance
- NAICS
- Direct Life Insurance Carriers (524113), Direct Health and Medical Insurance Carriers (524114), Direct Life, Health, and Medical Insurance Carriers (52411)
- SIC
- Life Insurance (6311), Accident & Health Insurance (6321), Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Group Term Life Insurance (FSAIAAAJ)
- akta.pro secondary industries
- Worksite Accident Insurance (FSAIAMAA), Worksite AD&D Insurance (FSAIAMAE), Whole Life / UL Policy Riders & Add-ons (e.g., Waiver of Premium, Accidental Death, Child Term, LTC/Chronic Illness) (FSAIABAK)
Keywords
Where MetLife Nepal is headquartered
LocationHeadquarters
- HQ city
- Lalitpur
- HQ country
- Nepal
- HQ region
- Asia
Offices29 records
Markets served
MetLife Nepal business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others
Revenue model
- Life Insurance Premiums: Recurring premium payments from individual life insurance policies including term life, endowment, and savings-linked insurance products.
- Health Insurance Premiums: Premium revenue from health insurance products including LifeCare, Critical Illness Plus, and health coverage riders.
- Accident Insurance Premiums: Premium revenue from accident insurance products including LifeShield with various coverage packages.
- Group Insurance Premiums: Annual premiums from employer group insurance plans covering Group Life, Group Personal Accident, Health, and Critical Illness benefits.
- Micro Insurance Premiums: Premium revenue from micro insurance products targeting affinity groups and underserved populations.
- Agent Commission Revenue: Commission income earned from policy sales by licensed Life Insurance Consultants, with commission earning up to 10 years from a single policy.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | LifeCare - My Life: Term insurance for loss of life only at competitive rates |
| Subscription | Annual | LifeCare - Beautiful: Coverage against 10 female-specific diseases plus loss of life |
| Subscription | Annual | LifeCare - Brave: Coverage against 14 diseases plus loss of life |
| Unit Pricing | Annual | Future Care DPS: Savings and protection plan with attractive maturity value |
| Unit Pricing | Multi-year contract | Double Protection Plus: Short-term payment for longer assurance with double protection |
| Unit Pricing | Annual | Midterm Growth Plan: Protection with partial payment at midterm and doubling of coverage |
| Subscription | Annual | Subhabishya Beema: Retirement plan with five options for receiving monthly income |
| Subscription | Annual | LifeShield: Accident and health insurance with multiple package options |
| Unit Pricing | Annual | My Child's Education Protection Plan: Insurance for child's education and parent coverage |
| Subscription | Annual | Group Term Assurance - Affinity: Group insurance for affinity groups with 24/7 worldwide protection |
| Subscription | Annual | Group Life, GPA & Critical Illness: Corporate employee benefits with 24/7 worldwide protection |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels10 records
MetLife Nepal product offering
Product offeringCore offering
MetLife Nepal, operating as a branch of American Life Insurance Company (MetLife), sells individual and group life, accident, and health insurance products — including term life, critical illness, accident coverage, savings-linked endowment plans, child education plans, retirement/pension plans, and group employee benefits — distributed through a nationwide agency network of licensed Life Insurance Consultants and digital self-service platforms across Nepal.
Product overview
MetLife Nepal is a life insurance company offering a comprehensive portfolio of individual and group insurance products. The product lineup consists of Health Insurance (LifeCare term insurance with 24 diseases coverage, Critical Illness Plus rider, LifeShield accident plans with multiple packages, Life Card discounts), Family & Future products (My Child's Education Protection Plan, Future Care DPS savings plan, Midterm Growth Plan with double protection, Double Protection Plus with limited premium payment, Subhabisya Beema retirement plan with five maturity options), and Group/Employee Benefits (Group Life/GPA/Critical Illness, Group Affinity policies, Micro Insurance). The company also provides digital service platforms including the One by MetLife mobile app (Android/iOS) with 360Health AI services, Digital Insurance Application portal, Online Premium Payment system with digital wallet integrations (eSewa, Khalti, Fonepay, Connect IPS), and Premium Calculator tools. Rider options include Critical Illness (11 diseases), Personal Accident, Waiver of Premium, Lifetime Income, and Disability Protection.
Differentiator
Problem solved
Functional benefit
Brands
- One by MetLife Nepal: Customer mobile app providing access to health and insurance services
- Future Care DPS
- Double Protection Plus Plan
- LifeCare
- LifeShield
- Subhabisya Beema
- Midterm Growth Plan
- My Child's Education Protection Plan
- Group Life, GPA and Critical Illness
- Group Affinity
- 360Health
Products and services
- LifeCare Term Insurance Term insurance plan providing financial coverage against loss of life and diagnosis of 24 dreaded diseases, with packages tailored to death-only (My Life), female-specific 10 diseases (Beautiful), and 14 critical illnesses (Brave). Coverage amounts range from NPR 200,000 to NPR 15,000,000 with policy terms of 1, 5, 10, 15, or 20 years.
- LifeShield Accident Insurance Accident insurance plan with four package options — Lump Sum Package, Lifetime Income Package, Combined Package, and Accident & Sickness In-Hospital Income Package — providing 24 hours, 365 days, worldwide coverage for issues ages 18-59.
- Critical Illness Plus Rider Rider product covering 11 critical illnesses that can be attached to Future Care DPS, Midterm Growth Plan, My Child's Education Protection Plan, Subhabisya Beema, and Double Protection Plus for issues ages 18-65.
- Future Care DPS Savings and protection plan with maturity value, accidental coverage up to age 65, and optional life annuity at maturity, available in Gold and Silver options with Critical Illness Rider and Family Protection Rider add-ons for entry ages 18-54 and terms of 5-20 years.
- Midterm Growth Plan Two-phase insurance plan with survival benefit at midterm and double protection (200% of face amount) if death occurs after midterm; available for ages 18-60 with policy terms of 12-22 years and optional Personal Accident, Waiver of Premium, and Critical Illness riders.
- Double Protection Plus Plan Short-term payment plan with up to 2x face amount death benefit, Booster Fund Benefit, Loyalty Rewards, and Critical Illness Protection, with flexible premium payment (Single Pay, 5 Pay, or 10 Pay) for issue ages 18-65 and coverage expiry at age 75.
- Subhabisya Beema Aajeewan Aaya Retirement plan offering five maturity options — Lifetime Monthly Income, 20-year Guaranteed Monthly Income, Leave Principal for Annual Cash Coupons, 50% Lump Sum + 50% Coupons, or Full Lump Sum — for eligibility ages 18-55 with terms of 10-30 years and optional ADB, WP, PA, and Lifetime Income riders.
- My Child's Education Protection Plan (MCEPP) Comprehensive education protection plan covering both child and parent with Gold and Silver versions, providing lump sum death benefit plus monthly income, premium waiver, and Disability Protection Rider Plus, Personal Accident Rider, and Critical Illness Rider options for child ages 31 days to less than 18 years.
- Group Life, GPA and Critical Illness Insurance Group insurance product providing 24 hours/day, 365 days/year worldwide coverage including Group Term Life, Permanent Total/Partial Disability Rider, Accidental Death, Dismemberment/Loss of Sight/Hearing/Speech, Accidental Medical Expenses, Weekly Disability Indemnity, and In-Hospital Weekly Income for employers.
- Group Term Assurance Policy - Affinity Group insurance for affinity groups providing 24 hours worldwide protection against accident and sickness, including Group Life, Group Personal Accident & Health (with Accidental Death, Dismemberment, PTD, AMR, In-Hospital Income), and Group Critical Illness (14 or 20 diseases under Plan 1 or Plan 2).
- Micro Insurance Micro insurance products designed for microfinance and rural credit groups with simplified coverage for underserved populations and affinity groups.
- One by MetLife App Customer mobile application available on Android and iOS providing 360Health services including AI-enabled Health Risk Assessment (finger/face scan), At-Home Medical Tests, Ambulance Service, Tele-Doctor Consultation, Home Medicine Delivery, and My Life Card discounts, along with policy management, premium payment, and agent registration features.
- Digital Insurance Application Online platform at eininsurance.metlife.com.np enabling customers to register, complete KYC, upload documents, and receive policy numbers digitally for new insurance applications.
- Premium Calculator Online premium calculation tool for Future Care DPS, Double Protection Plus, Life Care, Life Shield, My Child's Education Protection Plan, Midterm Growth Plan, and Subhabisya Beema plans.
Quantifiable outcome
- MetLife serves 90 million customers globally across over 50 countries
- +5 more outcomes
Companies that use MetLife Nepal
Customer profileNamed customers3 records
Segments6 records
Ideal customer profiles2 records
MetLife Nepal technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration20 records
AI capability5 records
Feature7 records
MetLife Nepal partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core and minor.
- Standard Chartered Bank LtdcorePremium payment partner with account at Head Office, New Baneshwor (Account: 01019800501) for American Life Insurance Company premium collections
- NIC ASIA Bank LtdcorePremium payment partner with account at Kamaladi branch (Account: 3241157604524002) for premium collections
- Nabil Bank LtdcorePremium payment partner with Lalitpur branch account (0201017502071) for premium collections
- Everest Bank LtdcorePremium payment partner with Pulchowk branch account for premium collections
- Himalayan Bank LtdcorePremium payment partner with Pulchowk branch account for premium collections
- Global IME Bank LtdcorePremium payment partner with Kamaladi branch account (Account Name: AMERICAN LIFE INSURANCE CO. (ALICO)) for premium collections
- eSewacoreDigital wallet partner for online premium payment through MetLife's online payment portal
- KhalticoreDigital wallet partner for online premium payment through MetLife's online payment portal
- FonepaycoreDigital payment partner for online premium payment through MetLife's online payment portal
- Connect IPScoreDigital banking payment partner for online premium payment through MetLife's online payment portal
- IME PaycoreDigital wallet partner for online premium payment through MetLife's online payment portal
- Citizen Investment Trust (CIT)minorGovernment-backed investment trust where MetLife deposits Future Fund contributions for agents' retirement savings (up to 5% of agent income)
- Renowned Hospitals in IndiaminorHealthcare partners providing second medical opinion services for MetLife Nepal customers and their dependents
- Beema Samiti (Nepal Insurance Authority)coreRegulatory body governing insurance operations in Nepal; sets commission structure and regulations for insurance agents
- MetLife GlobalcoreParent company providing Distribution Advantage Platform (DAP) with thousands of learning videos, global training standards, and international convention programs
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
MetLife Nepal competitors and assessment
Company assessmentDirect peers
- Asian Life Insurance Company Nepal: Domestic life insurance carrier offering term life, endowment, and microinsurance products in Nepal. Competes with MetLife Nepal's individual life, health rider, and micro insurance offerings through similar agency-led distribution.
- Prudential Life Insurance Nepal: Foreign-affiliated life insurer offering individual life, health, and savings products in Nepal. Competes with MetLife Nepal across retail life and savings-linked segments with comparable global brand strength.
- Nepal Life Insurance Company: Nepal's largest domestic life insurer offering comparable individual and group life, endowment, and savings-linked products. Direct competitor for MetLife Nepal across retail and group segments in the Nepali market.
- IME Life Insurance Nepal: Domestic Nepali life insurer offering individual life, endowment, and group products. Directly competes with MetLife Nepal across multiple product categories using agent-led distribution.
- Life Insurance Corporation (LIC) Nepal: Major domestic life insurer in Nepal offering individual life, endowment, and group products with wide agency distribution. Directly competes with MetLife Nepal across individual and corporate insurance segments.
- National Life Insurance Company Nepal: Established Nepali life insurance company offering individual life insurance, endowment, and savings plans. Competes directly with MetLife Nepal's LifeCare, savings, and retirement product lines through a nationwide agency network.
- Reliable Nepal Life Insurance: Nepali life insurer offering individual and group life products including endowment and savings-linked plans. Direct competitor for MetLife Nepal's retail and group insurance segments.
- SBI Life Insurance Nepal: Foreign-affiliated life insurer operating in Nepal with individual and group life products. Competes with MetLife Nepal's term life, savings, and group insurance offerings, leveraging a strong Indian banking partner network.
- Citizen Life Insurance Nepal: Domestic Nepali life insurer offering individual life, savings, and micro insurance products. Direct competitor across MetLife Nepal's retail life and micro insurance segments with nationwide agency reach.
Broad incumbents
- AIA Nepal (AIA Group): Branch of AIA Group, one of Asia's largest pan-regional life insurers, operating in Nepal. Competes with MetLife Nepal in individual life and group employee benefits, with greater scale and broader regional product capabilities.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Customer concentration
MetLife Nepal social profiles
Digital presenceMetLife Nepal financial estimates
Financial estimateRevenue estimate
Valuation estimate
MetLife Nepal leadership team
Management profileNumber of profiles
Profiles6 records
MetLife Nepal funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MetLife Nepal M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MetLife Nepal
What does MetLife Nepal do?
MetLife Nepal, operating as a branch of American Life Insurance Company (MetLife), sells individual and group life, accident, and health insurance products — including term life, critical illness, accident coverage, savings-linked endowment plans, child education plans, retirement/pension plans, and group employee benefits — distributed through a nationwide agency network of licensed Life Insurance Consultants and digital self-service platforms across Nepal.
Is MetLife Nepal a public or private company?
MetLife Nepal is a private company. It is classified as corporate owned and is currently operating.
When was MetLife Nepal founded?
MetLife Nepal was founded in -1. It employs 51 to 100 people.
Where is MetLife Nepal based?
MetLife Nepal is headquartered in Lalitpur, Nepal, in the Asia region.
How does MetLife Nepal make money?
Six revenue lines are on record. Life Insurance Premiums are the primary driver. The others are health Insurance Premiums, accident Insurance Premiums, group Insurance Premiums, micro Insurance Premiums and agent Commission Revenue.
Who are MetLife Nepal's main competitors?
Direct peers on record are Asian Life Insurance Company Nepal, Prudential Life Insurance Nepal, Nepal Life Insurance Company, IME Life Insurance Nepal, Life Insurance Corporation (LIC) Nepal, National Life Insurance Company Nepal, Reliable Nepal Life Insurance, SBI Life Insurance Nepal and Citizen Life Insurance Nepal. AIA Nepal (AIA Group) is listed as a broad incumbent.
Does MetLife Nepal have an API?
No public API is recorded for MetLife Nepal.
What industry is MetLife Nepal in?
MetLife Nepal's product category is Life Insurance. Its primary akta.pro industry code is FSAIAAAJ, Group Term Life Insurance, with a secondary code of FSAIAMAA, Worksite Accident Insurance. Its NAICS code is 524113 and its SIC code is 6311.