Citizen Life Insurance Entered in 7th Year

Kathmandu : Citizen Life Insurance Company has entered its seventh year from 19th of October 2023 A.D (2nd of Kartik 2080 B.S). Citizen Life Insurance, which started its business on 19th Cctober 2017 A.D. (2nd Kartik 2074 B.S), has completed six years and entered to the seventh year. Citizen Life, which started with the slogan ‘Life insurance is necessary’, struggled in the institutional development for the first two years but the company has been doing excellent insurance business in the middle of the Corona epidemic for the last two years, and has been giving even better results in the post-corona situation.

The company, which has been committed to the sustainable development of life insurance since its inception, has been providing simple, convenient and excellent life insurance services until now. On the occasion of the anniversary, the company has expressed its commitment to give the highest returns and benefits to the investors and the insured.

On the occasion of entering the seventh year, the company has made attractive progress every year, spreading more smiles on the faces of Nepalese every year and has expressed a new commitment with an announcement. On the occasion of the sixth anniversary, the company has expressed its sincere gratitude to all the insured, business citizen leaders, regulatory bodies, shareholders, investors, the board of directors and everyone who contributed to bring the company to its current state.

By reaching the seventh year, the company has succeeded in making significant progress. So far, 9 life insurance policies are being sold through 141 branches in 67 districts. The number of insurance agents affiliated to the company is more than 61 thousand where as 1 million 412 thousand insured have been protected.

So far, Citizen Life, which has managed to accumulate nearly 10 billion or 9.41 billion rupees in the company’s life insurance fund, and it has invested a total of 16 billion rupees. On the occasion of the anniversary, Citizen Life is celebrating with various programs.

Citizen Life’s Jamal branch is organizing a blood donation program on the occasion of the anniversary. Similarly, others programs will be held in other branches of the country on the occasion of the anniversary.