KATHMANDU, JAN 10, 2013
Asian Life Insurance on Wednesday launched a new insurance product, Asian Pension Life Insurance Plan, in the market. According to the company, the product is a combination of endowment and pension insurance plan through which people can save their present day income and get back regular income during retirement period. “The product is open to all insurable population and people of all profession,” Asian Life Insurance said in a statement. The company has also promised to unveil more new products that will financially and socially secure the future of people.
Asian Life Insurance has so far mobilized premium income of Rs 1.3 billion in this fiscal year and its total premium income stands at over Rs 3.78 billion. The company has also decided to distribute bonus shares worth 8.29 percent of the paid-up capital to its shareholders from the earnings made in the last fiscal year. After the distribution of bonus shares, its paid-up capital will touch Rs 495.96 million. Asian Life is presently operating with 20 branche offices and 66 sub-branches across the country.
Source: Republica
Asian Life Insurance on Wednesday launched a new insurance product, Asian Pension Life Insurance Plan, in the market. According to the company, the product is a combination of endowment and pension insurance plan through which people can save their present day income and get back regular income during retirement period. “The product is open to all insurable population and people of all profession,” Asian Life Insurance said in a statement. The company has also promised to unveil more new products that will financially and socially secure the future of people.
Asian Life Insurance has so far mobilized premium income of Rs 1.3 billion in this fiscal year and its total premium income stands at over Rs 3.78 billion. The company has also decided to distribute bonus shares worth 8.29 percent of the paid-up capital to its shareholders from the earnings made in the last fiscal year. After the distribution of bonus shares, its paid-up capital will touch Rs 495.96 million. Asian Life is presently operating with 20 branche offices and 66 sub-branches across the country.
Source: Republica
No comments:
Post a Comment