Suryajyoti Life Insurance Company Limited

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Suryajyoti Life Insurance Company Limited (NEPSE: SJLIC) is a life insurance company offering comprehensive insurance and wealth management solutions to individuals and groups throughout Nepal. The company provides endowment plans, term life insurance, child insurance plans, money-back policies, and critical illness coverage with up to 35 types of critical illnesses covered. It also offers single and limited payment plans and group insurance products. Suryajyoti operates through a nationwide network of 176 branches and serves approximately 3.6 million policyholders with over 106,000 agents. The company was formed through the historic merger of Surya Life Insurance Co. Ltd. (founded 2007) and Jyoti Life Insurance Co. Ltd. (founded 2017), commencing joint operations on December 22, 2022—the first merger in Nepal's life insurance industry. The company was incorporated in 2007 and is headquartered in Kathmandu, Nepal.

Key Facts

Branch Network

176 branches nationwide

Policyholders

Approximately 3.6 million policies

Agent Network

Over 106,000 agents

Critical Illness Coverage

Up to 35 critical illnesses covered; coverage limit up to Rs. 5 Million

Product Categories

Endowment, term life, child insurance, money-back, critical illness riders, group insurance

Historic Merger

First merger in Nepal's life insurance industry (Dec 22, 2022)