Rastriya Jeevan Beema Launches Bal Shaikshik Yojana for Child Education Life Insurance in Nepal
13th June 2025, Kathmandu
Rastriya Jeevan Beema, a government-owned life insurance company, has launched a new insurance policy called the ‘Bal Shaikshik Yojana’. This policy focuses on children’s educational needs.
Rastriya Jeevan Bal Shaikshik Yojana
The launch event took place on Thursday at the Yellow Pagoda Hotel in Kathmandu. It gathered top insurance agents, senior management, and experts from different sectors.
The new policy was introduced in response to demands from agents and the general public. It is a term life insurance plan designed to secure children’s education financially. The company aims to provide more options for families planning their children’s future.
CEO Sundar Panthi Introduces New Vision
With the appointment of Sundar Panthi as the new CEO, Rastriya Jeevan Beema has started a fresh chapter. Agents and officials expressed optimism about this leadership change. Panthi has a banking background but is committed to improving the insurance sector.
During the event, he said that strengthening the company’s structure and increasing agents’ capabilities are priorities. Panthi admitted it was challenging at first to adjust to the insurance industry. However, he promised to solve problems like delayed agent recognition and improve internal processes soon.
He also mentioned plans to increase bonuses and introduce new products. Panthi emphasized that agents and employees play a vital role in growing the company’s business and reputation.
Outstanding Agents Recognized
The event also honored agents with certificates and traditional scarves for their outstanding performance during the fiscal year 2080/81 (2023/24). A total of 16 agents received awards at both the central and provincial levels.
The company highlighted the importance of agents in reaching more customers and building trust. Recognizing their contributions helps motivate agents to perform better.
Training On AML And Digital Systems
Alongside the launch, Rastriya Jeevan Beema provided training to agents. The training focused on Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) measures. It also covered the use of digital tools in insurance operations.
This training aims to ensure agents follow regulatory requirements and improve their technical skills. The company is working to modernize its services and enhance customer experience through technology.
Support For Foreign Employment Insurance
Moreover, the company honored institutions that contributed significantly to the Foreign Employment Term Life Insurance scheme. These organizations help protect Nepali migrant workers by providing life insurance coverage.
Rastriya Jeevan Beema recognizes the role of such partners in extending social security to workers abroad. This step reflects the company’s broader commitment to diverse insurance needs.
Moving Forward With Innovation
The launch of the ‘Bal Shaikshik Yojana’ adds a new dimension to Rastriya Jeevan Beema’s offerings. It provides families a secure way to save for children’s education through life insurance.
The company continues to focus on innovation, improving agent capabilities, and expanding its product portfolio. With better digital infrastructure and regular training, it aims to deliver quality service to its clients.
In summary, the event marked an important milestone for Rastriya Jeevan Beema. The company reaffirmed its dedication to growth, customer satisfaction, and social responsibility under the leadership of CEO Sundar Panthi.
For more: Rastriya Jeevan Bal Shaikshik Yojana
