Kathmandu. Prabhu Mahalaxmi Life Insurance Company has announced bonus rate for the insured as per the actuarial report of the last fiscal year.

The new bonus rate has been approved by the Insurance Authority of Nepal.

As per the new bonus policy, the premium for life insurance is Rs 33 to Rs 70,000 under the term insurance policy.

Similarly, the company will provide a bonus of Rs 38 to Rs 73 for the invaluable life insurance under the term and life insurance scheme, and Rs 35 to Rs 51 for the non-profit life insurance scheme.

Similarly, the premium premium range ranges from Rs 23 to Rs 27 under term life insurance, Rs 45 to Rs 52 on super secured life insurance under Mahalaxmi Term life insurance, Rs 52 to Rs 55 on life insurance under Mahalaxmi Saral life insurance and Rs 50 to Rs 51 on miracle care insurance under Mahalaxmi Jeevan Herchah Insurance.

The bonus rate for Mahalaxmi Bal Savings Insurance ranges from Rs 32 to Rs 39, Mahalaxmi annual refund insurance includes Rs 35 for all term of the policy, Rs 45 for all the terms of Mahalaxmi Dhandhanya Bima and Rs 38 for the best life insurance under Mahalaxmi Periodic Life Insurance.