NLIC comes up with the spectacular new scheme ‘Naula Dhan Barsha’

ShareSansar, August 26:

Nepal Life Insurance Company Limited has launched an attractive new policy “Naulo Dhan Barsha” with the motto “Saving and investment today for a prosperous life tomorrow”.

As per the new scheme jointly launched by Chief Executive Officer of NLIC Vivek Jha and Chairman of Professional Agents Association Nepal´s unit committee of NLIC Rajendra Amatya, those falling under the age group of 16 to 60 years can benefit from the new advance payment life insurance scheme.

Other salient features of the new scheme are that the policy covers all the risks throughout the policy period once the policyholders start paying the fee, and that the policyholders will get the entire policy amount refunded in four installments within the policy period, apart from lump sum bonus.

Moreover, the policy itself can be used as collateral after a year of subscribing the new scheme to seek loan, and that the policy amount and bonus would be provided to the kin of policyholders without deducting the periodical fees if the policyholders pass away within the policy period.

Highlighting the importance of the scheme, CEO Jha said that the scheme will not only boost the confidence of the general public toward the insurance company, but also help them manage their liquidity situation.