ConnectIPS Launches Monsoon Cashback Campaign on Life Insurance Premiums

Kathmandu — ConnectIPS has rolled out an attractive cashback campaign titled “Cashback with Safety, with ConnectIPS”, targeting life insurance policyholders across Nepal. The scheme, which began on Jestha 4 and will continue until Shrawan 31 (May 18 – August 16), offers monetary incentives to users who pay their life insurance premiums through the ConnectIPS platform.

As part of the campaign, ten lucky winners will be selected each week to receive Rs. 1,000 cashback. Additionally, one monthly winner will be rewarded with a full refund of their paid premium amount—capped at Rs. 20,000. The winners will be chosen through a lucky draw system and announced via the official ConnectIPS website and its social media channels.

The offer applies to insurance premiums paid via the ConnectIPS website, its mobile application, or through the payment gateway integrated into participating insurance companies’ websites.

At present, the system facilitates premium payments for 17 life insurance companies, including Micro Life Insurance, offering users a streamlined and convenient alternative to manual payment methods.

Users can make payments up to Rs. 2 million per transaction through the ConnectIPS website, while the mobile app supports transactions of up to Rs. 200,000.