Union Life Insurance Company got a license to operate Life Insurance Business on Ashad 20, 2074 (July 4, 2017). The promoters of the company include: Jagadamba Group, Golchha Group, Gadiya Group, Neupane Group, Rajesh hardware & Tibrewala Group.
Union Life Insurance Bonus Rate
Union Life Insurance has introduced a new bonus share to its policy holders. As per the actuary valuation of the fiscal year 2074/75, the life insurance will provide the bonus rate ranging from Rs 40 to Rs 70 per thousand.
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The notice below shows the new bonus rate of Union Life Insurance:
Products Offered By Union Life Insurance
1. Limited Endowment Plan
2. Endowment Assurance Cum Whole Life Policy
3. Endowment Assurance Policy
4. Group Term Assurance Policy
5. Child Endowment Plan
6. Money Back Cum Whole Life Assurance Plan
7. Annual Money Back Life Insurance Plan
8. Limited Payment Plan (Endowment Cum Whole Life)