Nepal Life launches ‘Super Term Life Insurance’ in collaboration with eSewa
The scheme aims to provide long-term financial security to families in the absence of the insured individual.
KATHMANDU: Nepal’s most trusted life insurance provider, Nepal Life Insurance Company Limited, in collaboration with digital payment service provider eSewa, has launched a new term life insurance plan titled “Super Term Life Insurance.”
The plan is designed to safeguard families against financial risks arising from unexpected events.
The scheme aims to provide long-term financial security to families in the absence of the insured individual.
With life uncertainties and growing economic responsibilities in mind, the plan offers high insurance coverage at minimal premium rates, making it especially beneficial for low-income individuals and first-time life insurance buyers.
Speaking about the launch, CEO Praveen Raman Parajuli said, “The Super Term Life Insurance plan is designed to provide adequate financial support to families during times of crisis. With easy, accessible, and affordable premiums, the plan ensures life insurance is within reach for citizens from all walks of life. It is an effective tool to protect families against unforeseen financial risks.”
Nepal Life Insurance has consistently introduced innovative, customer-friendly insurance plans to enhance financial literacy and bring citizens under the umbrella of financial security.
The new Super Term Life Insurance plan is considered a significant step in this commitment, promoting family stability while encouraging long-term financial planning.
The one-year term life insurance plan starts at an annual premium of Rs. 725, providing coverage ranging from Rs. 500,000 to Rs. 2,000,000.
itizens aged 18 to 60 are eligible to enroll. The policy covers both accidental and natural death, ensuring comprehensive protection for policyholders.
The plan is expected to provide families with financial support for daily living expenses, debt obligations, and future needs in case of unforeseen events.
Customers can easily purchase the insurance through the eSewa app, with policies delivered instantly via email.
