In Nepal almost 80% of the total population lives in the rural areas. Nepal Life Insurance Company Limited (NepalLife) is the leading life insurance company contributing 33% to the total industry premium. NepalLife enters the microinsurance market by offering Micro Endowment Life Insurance and Micro Term Life Insurance, which are pre-approved by BeemaSamiti. However reaching the targeted group at remote locations is the most challenging tasks for the company.
BeemaSamiti (Insurance Board of Nepal), GIZ-RFPI Asia for the MEFIN Network and Nepal Life Insurance Company Limited.