Your Financial Safety Net
BEEMA BAZAAR NEPAL
ABOUT US
Giving You Peace of Mind
Beema Bazaar Nepal is made up of a family of well-versed insurance agents who are highly trained in providing you with exceptional coverage and services. We have been offering a wide range of convenient insurance bundles, and specializing in Life Insunrance as well as Non-Life Insurance .
We are a full-service agency with years of research and all real life experience managing a wide range of risk and exposures. We believe that every person deserves to receive exceptional protection from one of the best insurance companies in the World. Keep your loved ones safe and protect your assets. Get in touch with us today.
PROTECTION FROM THE BEST IN THE COUNTRY
Life Insurance Plan
The Protection You Need
Beema Bazaar Nepal has been helping people feel safer, providing our clients with the best Life Insurance Plan in the industry. Are you spending too much precious time thinking about what might happen to you in the future? Don’t worry! We’re here to put together a policy that best meets your specific needs.
Individual Insurance
Taking Care of Your Needs
We guarantee our customers purchase only the best quality Individual Insurance Package suited to their needs and requirements. With years of research, observation an real life experience, we’ve come to understand each of our clients’ unique insurance needs. With Beema Bazaar Nepal representing you, your insurance process will be hassle-free and easy to understand.
Family Insurance Bundle
Your Well being Comes First
We offer different packages tailored to meet your personal, ever-changing needs. Tell us your Family Insurance Bundle requirements and our experienced agents will create or adjust a plan accordingly. Our team is happy to answer your questions and make personalized recommendations based on your input. We are here to represent you and make sure you receive the best possible insurance package suited to your needs.
INFORMATION ABOUT OUR PRODUCTS
Stay in the Know
Interested in knowing what’s new with us here at Beema Bazaar Nepal? Other than supplying the best insurance products to companies and individuals and guaranteeing trustworthy and prompt service, we also like to take care of our community. Read all about it here and make sure you never miss out on any news regarding Beema Bazaar Nepal by signing up to our newsletter.
Endowment Insurance Policy
January 10, 2018
Endowment Policies:
Endowment policies are somewhat similar to traditional term life insurance policies in the sense that they pay out a lump sum amount to the beneficiary or nominee in case of the death of the policyholder. However, endowment plans also have an extra clause that mentions that the policyholder will receive a lump sum amount in case he / she survives until the date of maturity. The specified maturity period is also called the survival term of the endowment policy term, and endowment policies may be regular insurance policies with profits or unit linked insurance policies.
An endowment policy offer insurance cover to the policyholder for the whole policy term and pays out a lump sum amount upon maturity
Money Back Policy
January 10.2018
Why you need to buy a Money Back Policy?
Money back policy is good for people who want to make an insurance-based investment but also want liquidity. With a money back scheme, you not only get life protection but also get a regular income from the profits you make through the policy investments. If you are a young individual, the policy will help you at regular intervals for various financial needs – such as down payments for a new vehicle or home, medical needs of self, parents or children, educational needs of self, siblings, spouse or children, prepayments of your loans, funding the wedding of yourself, siblings or children, etc. Money back policies being endowment policies, the risk factor is low and therefore you need not worry that your investment will not yield good results. Almost all money back policies gives guaranteed and fixed returns, which will allow you to plan your finances well.
How does Money Back Policy work?
When you buy a money back policy, you will be told for how long you need to pay the premiums. Some policies require you to pay premiums throughout the tenure, while in some policies you need to pay for a limited number of years only. This premium will be invested in secure avenues, and a small part of the amount goes into administrative fees and taxes. Once you start paying the premium, you will receive a certain percentage of the sum assured at regular intervals.
Whole Life Insurance
January 10, 2018
Whole Life Policies:
These are protection plus saving policies which are participatory in nature.
Covers the whole life of a policyholder. Term can be as long as 40 years.
Payable to nominee if policyholder dies while policy is in place.
Maturity benefits are typically paid when the policyholder reaches a certain age (could range between 80 years to 100 years).
Generally have higher premiums associated with them.
Benefits paid on maturity or death include a bonus component along with the sum assured
People who want to protect the interest of their family and those looking to secure the financial future of their loved ones irrespective of what happens.
Term Life Insurance
January 10, 2018
Term Life Insurance:
One of the most commonly used policies is term life insurance. It pays the face amount of the policy, but only provides protection for a definite, but limited, amount of time.
The premiums for these types of policies are significantly lower than for any type of cash value policy.
Many term life insurance policies have major features that provide additional flexibility for the insured/policyholder. A renew-ability feature, perhaps the most important feature associated with term policies, guarantees that the insured can renew the policy for a limited number of years based on attained age.
Stay in the Know
INFORMATION & RESOURCES
Interested in knowing what’s new with us here at Beema Bazaar Nepal? Other than supplying the best insurance products to companies and individuals and guaranteeing trustworthy and prompt service, we also like to take care of our community. Read all about it here and make sure you never miss out on any news regarding Beema Bazaar Nepal.
5 Tips to Get the Best Life Insurance Policy
December 25, 2017
1. If necessary, take advantage of the “free look” period.
Even after your policy issues, you'll typically have what is called a free look period. During this time, you'll have a certain number of days in which to make changes to your policy, or even reject it altogether.
2. Compare apples to apples.
When getting price quotes on life insurance, be sure that you are comparing similar products.
3. Understand that life insurance is designed for protection.
4. Enhance your coverage with policy riders if necessary.
5. Buy from a reputable life insurance company.
Your life insurance policy is meant to financially protect the people you love when you are no longer here to do so yourself.
Common Uses of life Insurance Plan
December 25, 2017
Income Replacement
Continue to pay the mortgage
Cover outstanding debt
Maintain your family's lifestyle
Children's Education
Ensure children don’t have to struggle to afford attending college
Business Preservation
Keep a business in the family
Replace income for family members who depend on business
Allow a partner to buyout the business
When do I need life insurance?
(Major life events affect your life insurance needs.)
December 25, 2017
Life Insurance Trigger Events to Consider
New Job
Employer-provided life insurance can't always go with you, but a personal policy will not be dependent upon your employment status.
Home Purchase
Taking on a mortgage means you need to evaluate whether you have enough coverage to offset this new debt.
Marriage/ Divorce
From reviewing the amount of coverage to changing beneficiaries, marriage or divorce is a critical time to reevaluate your life insurance needs.
Baby
More kids likely means you need more coverage. You'll want to plan for your child's future financial needs.
New Business
Covering a business owner can allow for a smooth transition if the worst happens.
Retirement
You may find that life insurance becomes less about insuring your income and more about protecting assets as you near retirement.
WHO WE ARE
At Beema Bazaar Nepal, we are committed to excellence. Since our founding , we have been working hard to ensure our clients receive the best possible insurance services in Nepal. Our team of professionals offer unparalleled customer support and expert advice. Learn more about what we do by contacting one of our professional consultants for a free estimate. You’ll be surprised to learn what we can offer you and your family.
CONTACT US
Contact Beema Bazaar Nepal today! We want to take care of you and have the expertise to do so. Let us know what your specific needs are and we’ll compile the best insurance package suited to you.
Kathmandu 44600, Nepal
9813897111