Citizen Life Jajarkot Branch Settles NRs 6.2 Lakh Death Claim, Underscores Insurance Need
Citizen Life Jajarkot Branch
23rd November 2025, Kathmandu
A critical Insurance Claim Payment was recently executed by Citizen Life Insurance Company Limited, offering immediate financial relief to a family in Jajarkot.
Citizen Life Jajarkot Branch
The Jajarkot Branch Office successfully settled a death claim exceeding NRs 600,000, underscoring the vital safety net life insurance actively provides, particularly in remote regions. This swift action validates the commitment of the insurance sector to its policyholders when they need it most.
Details of the Claim Settlement
The payment was made to the family of the late Prakash Pun of Nalgad Municipality, Ward No. 1, Kalpat. The disbursement ceremony took place at the Ward Office, actively involving local community leaders.
Recipient: The check was officially handed over to Khima Kumari Pun, the wife of the deceased policyholder, by Jajarkot Branch Chief Govinda Bahadur Budha.
Payment Sum: The total death claim paid amounted to NRs 620,000. This sum provides a crucial financial base for the surviving family members.
Ceremonial Handover: The company ensured the payment was actively delivered in a public setting, highlighting the company’s transparency and dedication to policyholder service.
The Policy and Tragic Circumstances
The policyholder had proactively secured his family’s future less than a year before his untimely passing. This foresight ensured his son’s education was protected despite the tragedy.
Policy Type: The deceased, Prakash Pun, had purchased the ‘Citizen Bal Bhavishya Plus’ (Citizen Child Future Plus) insurance plan. Enrollment: He officially enrolled on Ashar 31, 2081 B.S. The policy had an 18-year term, with an annual premium of NRs 39,300.
Sum Assured: The initial Sum Assured was NRs 570,000, specifically named for his son, Bishwa Prakash Pun. Tragedy: Tragically, Mr. Pun passed away on Asar 03, 2082 B.S., less than one year after actively acquiring the policy.
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Benefits Under the Child Future Plus Plan
The ‘Citizen Bal Bhavishya Plus’ plan, recognized for its comprehensive features, actively delivered maximum benefits to the family. This specific product provides a combination of protection and future planning.
Claim Breakdown: The family received the full Sum Assured of NRs 570,000. Additionally, a funeral expense benefit of NRs 50,000 was included, bringing the total Insurance Claim Payment to NRs 620,000.
Immediate Impact: Following the receipt of the death claim amount, Khima Kumari Pun stated that the insurance is now the “only means of survival” for her and her minor son. This powerfully illustrates how insurance instantly transforms financial vulnerability into security.
Emphasizing the Importance of Life Insurance
Citizen Life Jajarkot Branch Chief Govinda Bahadur Budha actively utilized the event to educate the community on the indispensable role of insurance. His remarks focused on accessibility and necessity.
Need in Rural Areas: He stressed that the need for insurance is even more pronounced in remote settlements and villages. He actively encouraged all citizens to acquire insurance according to their financial capacity.
Service Reach: Mr. Budha proudly stated that Citizen Life is actively committed to extending its services to policyholders, reaching from the most challenging villages to the largest urban centers. The company actively leverages its network to ensure service equity.
This prompt and decisive Insurance Claim Payment by Citizen Life Insurance serves as a powerful testament to the financial sector’s ability to protect families from unforeseen crises.
It actively reinforces public trust in insurance as a critical tool for long-term financial planning and security. The company successfully executed its promise, offering a beacon of hope to the bereaved family.
For more: Citizen Life Jajarkot Branch
