July 24: Civil Bank Ltd has entered into an agreement with Reliable Nepal Life Insurance Limited as its agent to sell Life Insurance policies. The agreement was signed by Chief Executive Officer Govinda Gurung of Civil Bank and Chief Executive Officer of Reliable Nepal Life Insurance Limited Narayan Babu Lohani.
Following the agreement, customers of the bank can now avail life insurance policies and hassle-free bancassurance services through Civil Bank’s 68 branches spread across the country in a convenient manner, said the bank’s CEO Gurung.
“Reliable Nepal Life Insurance has tailored best life insurance products specially targeted to rural denizens,” said CEO of Reliable Nepal Life Insurance, Lohani.
Prior to this, the bank had been offering life insurance and non-life insurance products to its customers through similar agreements.
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