Kathmandu. Small life insurance companies have collected a total of Rs 75 million in insurance premium in the fiscal year 2082/83 BS. These companies have sold 295,708 insurance policies and collected a total insurance premium of Rs 77.3 million.
During this period, Guardian Micro Life has collected a total insurance premium of Rs 3.26 crore. It has collected Rs 30.9 million in first insurance premium and rs 1.6 million in renewal fees.
Crest Micro Life has collected a total insurance premium of Rs 17.8 million during the period. Out of this, the company has collected Rs 15.7 million in first insurance premium and only Rs 2 million in renewal insurance.
On the other hand, Liberty Micro Life has collected a total insurance premium of Rs 26.8 million. Of this, the company has collected Rs 23.9 million in first insurance premium and Rs 2.9 million in renewal insurance premium.
