National Life Insurance Launches Bal Amrit 4 Term Insurance Policy for a Secure Future

Thu, Jan 16, 2025 11:02 AM on Latest, Corporate,

National Life Insurance Company Ltd. has launched the Bal Amrit 4-term insurance policy, an upgraded version of the previously popular Bal Amrit Bimalekh plan, based on feedback from senior agents.

The policy, aimed at ensuring a healthy future for children, was introduced in a ceremony with company officials and agents.

The policy allows for coverage from a minimum age of 1 month up to 15 years, with the proposer being a parent or legal guardian aged between 20 and 50 years.

The coverage can go up to 50 lakhs, with flexible premium payment options and added benefits such as tax exemptions, loan options, and surrender value.

The company is promoting the policy with an incentive plan for agents and customers, and detailed information is available via the company's mobile app, website, and branch offices across Nepal.