Reliable Nepal Life Insurance Announces New Bonus Rates
Kathmandu – Reliable Nepal Life Insurance Company Limited has announced new bonus rates following the approval of its financial status and liability assessment report by the Nepal Insurance Authority on March 10. The revised bonus rates apply to various insurance plans offered by the company.
Policyholders of Reliable Term Life Insurance will receive a bonus ranging from Rs. 50 to Rs. 75 per thousand, depending on the insurance term. Similarly, bonuses for the Reliable Sulav Jeevan Beema and Sulav Bal Jeevan Beema Plus schemes have been set between Rs. 25 and Rs. 41 per thousand.
Reliable Sajilo Jeevan Beema (single and limited term payment) will provide bonuses ranging from Rs. 25 to Rs. 26 per thousand. For Micro Term Life Insurance (Beema Samiti) and Reliable Micro Term Life Insurance, the bonus rate has been set between Rs. 31 and Rs. 35 per thousand.
In term and whole life insurance plans, bonuses will range from Rs. 30 to Rs. 50 per thousand, while Reliable Advance Payment Term Insurance Plans will also offer competitive rates.
The company confirmed that the new bonus rates will apply to death claims, full or partial term payment claims, surrender claims, paid value, and current insurance policies. These rates will remain in effect until further notice.
