November 19, 2020 | Investopaper
Citizen Life Insurance is one of the new life insurance companies in Nepal. It received the operating license on Bhadra 7, 2074 (August 23, 2017) from Beema Samiti. Then, the company started its operations from Karthik 2, 2074 (October 19, 2017).
Citizen Life Insurance Bonus Rate
Citizen Life Insurance has introduced a new bonus share to its policy holders. As per the actuary valuation of the fiscal year 2075/76, the life insurance will provide the bonus rate ranging from Rs 25 to Rs 73 per thousand.
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The notice below shows the new bonus rate of Citizen Life Insurance:
Products Offered By Citizen Life Insurance
Citizen Life Insurance offers various insurance products to its customers. The products include:
1. Citizen Endowment Plus Insurance Plan
2. Citizen Regular Pay Money Back Insurance Plan
3. Bal Bhabisya Jeevan Beema Yojana
4. Citizen Jeevan Sarathi Yojana
5. Citizen Samuhik Myadi Jeevan Beema Yojana
6. Citizen Group Term Insurance Plan
7. Critical Illness Rider
8. Foreign Employment Term Life Policy