Kathmandu. KATHMANDU: Reliable Nepal Life Insurance and Kumari Bank have signed a Memorandum of Understanding (MoU) on the occasion of Third National Insurance Discourse. This agreement adds an important milestone in the life insurance sector of Nepal.
As per the agreement, insurance policy holders, staffers and correspondents of the insurance company can now avail Virtual PhonePay Credit Card from Kumari Bank. This initiation is aimed at promoting digital payment systems and increasing access to financial services.
Narayan Babu Lohani, Chief Executive Officer (CEO) of Reliable Nepal Life Insurance said that this initiative is a historic achievement. This collaboration is an important step to provide additional facilities and access to finance for customers and employees of the insurance company. Through technology-friendly and innovative services, we have been moving forward keeping customer satisfaction and digital transformation at top priority. ’
With this agreement, customers and stakeholders of Reliable Nepal Life will enjoy modern digital payment services. Both the institutions consider this collaboration as an attempt to set new benchmarks in the field of bancassurance and digital financial services.
Kumari Bank, FonePay and Reliable Nepal Life Insurance are committed to provide technology-friendly, customer-centric and innovative financial services in the future.
