May 9: Asian Life Insurance has handed over a cheque regarding monthly income service of insured under Child Assurance Policy. Issuing a press statement, the company informed of handing over the cheque to Dolma Lama, daughter of insuree late Suchita Subba. Late Subba had bought an insurance policy of Rs 1 million. As per Child Assurance Policy, the nominee will get one percent of insurance amount as monthly education expenses after demise of the insuree. The insurance company will provide the monthly expenses till the nominee reaches 16 years old.
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