Nepal Life Insurance inaugrates its branch in Tikapur; Total premium collection Rs 811 crores in 71/72 FY

ShareSansar, July 30:

Nepal Life Insurance Company Limited (NLIC), which has been expanding life insurance market inorder to provide quality insurance services has now upgraded its sub branch to branch office at Tikapur District .

Dr Fatta Bahadur K.C, Chairman of Insurance Board was the chief guest of the branch inauguration program. He said the company has been doing praiseworthy work in the development and expansion of life insurance sector and it is expected that in the coming days too, the company will continue expanding its services.

In the program Vivek Jha , CEO of the company, referred to the  recent devastating earthquake of the country said its sad that most of the people who died  in  the earthquake did not have their life insured.

In comming days the company will be carrying out awareness program in entire country and using vast marketing policies to highlight the need and importance of life insurance, added Jha.

In the Fiscal Year 2071/72, the company has a first year Preminum income of Rs 391 crore which also includes Foreign Employment Term Life Insurance whereas  its total premium income stands at massive Rs 811 Crore.