Nepal Life Insurance Company brings Nepal Life Sadabahar Insurance scheme for its valued customers

Sun, Jun 9, 2019 9:46 PM on Corporate, Featured,

Nepal Life Insurance Company has launched Nepal Life Sadabahar Insurance Scheme targeting its valued customers.

The company has set total insured amount at minimum Rs 2 lakh but it also provides flexibility to the customer to customize the insured amount as per his/her income level.

The age range for the insurance has been set between 11 to 65 years. it has set 70 years as the maximum years for the expiration of the policy where the customers can opt for their insurance from 5 years to 20 years.

The nominee of an insured person will be able to receive full insured amount along with the bonus in case of the death of the insured person. Moreover, the insured person will also be able to receive upto 90% credit facility from his/her insured amount after having paid the insurance premium amounting to minimum 2 years. 

The leading life insurance company with 32 % market share in Nepal currently provides its services to more than 25 lakh customers from its 77 branches and sub-branches spread all across the nation. It has a highest paid up value of Rs 5.49 arba and has investment of Rs 67 arba with shareholder fund of Rs 10.40 arba.