Guran Life insurance introducing Micro Insurance, CEO Dahal

Kathmandu February 22- Recently, Guran life insurance has endorsed proposal to distribute 10% bonus share. As per CEO Shankar Prasad Dahal, the endorsed bonus is not the strategy to increased capital but a regular return to its investors. Speaking with Bazaar Guru representative, Dahal informed that Guran life ranked 5^th position based on performance of life insurance companies operating in Nepal.

Dahal also pointed out that companies manipulate data while publishing quarterly reports, but insist their financial report are realistic. He also expressed that capital increment is must for development of insurance sector. Guran life is planning to increase its paid up capital as per the Act, he stated adding Nepal still lacks awareness on life insurance while it has future in the nation.

Guran life has recently brought new insurance strategy for its customers. As per him, it will start from Rs. 500 thousands and last for 20 years. He added that customers can get their money back within one year. This scheme mainly target customers of banks and finance companies but an individual can also take an offer. Guran Life is initiating to bring Micro Insurance in the market as per Dahal.