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News & Updates

Nepal Life launches "Naulo Surakshit Jeewan Beema Yojana"

15 May 2021

Nepal Life Insurance Company has introduced a 'Naulo Surakshit Jeewan Beema Yojana’ life insurance after the widespread success of Surakshit Jeewan Beema Yojana.

Nepal Life Insurance Company has introduced a more sophisticated 'Naulo Surakshit Jeewan Beema Yojana’ life insurance after the widespread success of Surakshit Jeewan Beema Yojana. Nepal Life has brought this new secure life insurance plan in the process of bringing insurance plans according to the needs and desires of the customers. The new insured life insurance plan, which can be insured by any healthy person between the ages of 18 and 70, can be selected on the basis of income, the company said in a statement.

Under this insurance plan, the insured will pay a lump sum at the end of the insurance period if the insured is alive till the expiration date of the insurance policy. Similarly, the company has stated that in case of death of the insured due to any reason (other than the risks not covered under the policy) while the policy is in progress, the sum assured and earned bonus will be lump sum.

If the Accidental Death Benefit facility (ADB) is extended, the insured will be paid a lump sum payment under the current insurance policy if he / she dies due to an accident within the insurance period. Similarly, Accidental Death Benefit and Disability Disability (ADB / PTD / PWB) facility has been availed. The company has stated that the payment will be provided to the disabled insured.

Under this new secure life insurance plan, the company will provide a discount of up to 1% when paying the premium annually. Considering the needs and facilities of the insured, the surrender price will be received after the completion of 3 years by paying the premium of 3 years in this insurance plan and the loan facility can be taken up to 90% of the surrender price by pledging the insurance policy.

Timely Nepal Life has been providing technology-friendly services. Nepal Life's premiums can be paid at any time from anywhere through various digital payment systems and digital wallets. Nepal Life's premium digital wallets can be paid online through e-services, wallets, Connect IPS, Phone Pay, IME Pay and Prabhu Pay. Keeping in view the interest of the customers, the company has expressed its commitment to modify and refine the services and facilities as per the needs of the time.