Meaning of Collective Endowment Life Insurance - NEPAL MONETARY SOLUTIONS (NMS)

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Saturday, February 8, 2014

Meaning of Collective Endowment Life Insurance

Collective Endowment Life Insurance

  • Any of the associations or institutions may collectively ensure their employees for a fixed period of time and for a fixed amount as a fringe benefit with a view to attract the employees to their work and to ensure for their better financial future

  • The institution with at least 10 workers/employees can accord this privilege