The organization has an approved capital of rupess. 500 Crore and Paid-up Capital of Rs. 173.40 Crore. As on Baisakh 2072 the organization has protected 7,22,543 under traditional strategies worth Rs. 14,151 Crore and 12,12,180 Foreign Expatriate approaches worth Rs. 60,651 Crore. Out of the aggregate premium gathered the organization has contributed Rs. 3,065 Crore according to rules of Bima Samiti. The organization has safeguarded itself with surely understand reinsurance organization Hannover Re Life Reinsurance Company. Germany.
VISION AND MISSION
To try through the respectable organization of Life Insurance in making each family monetarily sheltered and secure whereby each subject of Nepal may contribute his strength in building a sound, prosperous, solid and Vibrant Nation.
To take into account money related and Social needs of each portion of society by outlining separated and inventive protection instruments. To give after deals administration to clients that can be hailed as the best.
HOW NEPALLIFE IS DIFFERENT FROM OTHERS?
Being in the matter of offering extra security items it is playing out an indistinguishable employment from alternate back up plans managing "Disaster protection". Be that as it may, Nepal Life Insurance Company has its own character in light of the mission and way for which it is working. The organization is working with a period bound procedure to satisfy it's vision of spreading message of protection to each home and to contribute generously in making Nepal a financially solid and energetic country. Aside from spreading the system of branches all over Nepal the organization arrangements to make a quantum hop in number of specialists and to give them satisfactory preparing to giving information and expertise, so that the organization can reach and profundity in the market.
The organization is concentrating on giving subjective administrations of International Standard. Our desire is to give over the counter administrations in every one of its operations.
This aspiration can't be satisfied without the assistance of data innovation. The organization has solid IT foundation. All Branches of NepalLife has been associated through wide territory systems administration to give better clients service.NepalLife, being in the matter of offering disaster protection items it is playing out an indistinguishable employment from alternate safety net providers managing "Life coverage". Notwithstanding, Nepal Life Insurance Company has its own character due to the mission and way for which it is working. The organization is working with a period bound procedure to satisfy it's vision of spreading message of protection to each home and to contribute significantly in making Nepal a monetarily solid and energetic country. Aside from spreading the system of branches all over Nepal the organization arrangements to make a quantum bounce in number of operators and to give them satisfactory preparing to giving learning and aptitude, so that the organization can reach and profundity in the market.
The organization is concentrating on giving subjective administrations of International Standard. Our aspiration is to give over the counter administrations in every one of its operations.
JEEVAN SAHARA
The arrangement is uniquely composed Endowment item to cover the extensive variety of hazard for our social groups of Nepal:
The guaranteed sum (entirety guaranteed) together with reward is payable on development date and full protected sum (total guaranteed) again payable on death of life guaranteed after development.
In the event of death before development date under inforce strategy, the protected sum (aggregate guaranteed) and whatever reward announced is payable.
guaranteed sum (entirety guaranteed) is payable if there should arise an occurrence of death of the arrangement holder after development of approach term.
Least guaranteed sum (entirety guaranteed) is Rs. 100,000 and no restriction for greatest safeguarded sum (total guaranteed) contingent on the wage wellspring of the proposer.
Least passage age is 16 yrs and most extreme section age is 65 yrs.
Least term is 5 yrs and most extreme term is 54 yrs or greatest age of 70 yrs which ever is prior.
The method of installment is either yearly, half yearly or quarterly.
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