Daughter Gifted Citizen Life Insurance Policy on her Mother’s Birthday  

October 3rd, 2023

Kathmandu : Kriti B.K has gifted an insurance policy to her mother Kumari B.K on her birthday. She gifted an insurance policy of Citizen Life Sarathi Yojana issued by Bhairahawa branch of Citizen Life Insurance Company.

In Citizen Jeevan Sarathi Yojana with 4 additional benefits, the sum insured and bonus amount will be received as a lump sum at the end of the insurance period and after that the risk will be borne till the age of 90 years without paying any insurance fee.

Similarly, in this policy after the age of 70 years, every 5-5 years certain amount will be paid for survival benefit till the age of 90 years.Daughter Kriti B.K said that she chose the Citizen Jeevan Sarathi Yojana because she does not have to deposit a lump sum of money at once but can deposit a small amount of money in the form of installment.

She also added that this insurance policy bears the risk of her mother’s life during the insurance period and after the insurance period ends her mother can get those amount in the form of saving in her old age.

Finally, she said that this policy will bear risk of her mother until 90 years of her age without paying any insurance fee even after the insurance period finishes.

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