Kathmandu,
Jan. 11: Union Life Insurance Company has launched a product to cover deadly
diseases.
The
product covers 18 deadly diseases and assures the insured persons with the
payment of health checkup and treatment. “Any individual above 16 years of age
can buy the product to insure themselves against the diseases,” said the
company.
The
new product can be obtained from all the branches of the company and the banks
with which the company signed bancassurance service.
Union
Life is in the process to issue Initial Public Offering (IPO) of 6.45 million
units in the near future.
By
the end of the first five months of the current fiscal year 2018/19, the
company has collected Rs. 769.5 million in premium. It is operating 10
different types of insurance policies.
Published in The Rising Nepal daily on 12 January 2019. 
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