Liberty Micro Life Insurance

Liberty Micro Life Insurance Company Limited, based in New Road, Pokhara – 08, Kaski of Gandaki Province, was established on January 1, 2023. The company received its operating license from the Nepal Insurance Authority, the nation’s insurance regulatory body, on August 18, 2023. The company is backed by prominent figures from the banking sector, manufacturing industry, financial and investment firms, and various other businesses.

Liberty Micro Life is dedicated to extending insurance services to suburban and rural communities, focusing on financial education and providing insurance solutions to marginalized groups. The company’s mission is to reach the grassroots level, aiding families in achieving financial inclusion and economic stability, and ensuring low-income individuals have access to insurance.

The company leverages information technology to deliver its services digitally, minimizing paper use. All processes, from completing proposal forms to policy servicing and claims, are handled efficiently through online software. Customer satisfaction and value delivery are at the core of Liberty Micro Life’s operations. The company offers innovative insurance plans tailored to meet clients’ financial needs, ensuring fast, simple, and hassle-free service. Its products cater to both individual and group needs, providing savings and protection solutions, as well as health and wellness options.

Liberty Micro Life aims to secure financial stability for its clients through protection plans and to help them accumulate wealth by encouraging regular, disciplined savings. The company is committed to the sustainable economic welfare of families and communities, focusing on long-term benefits and financial security.

Life Micro-insurance Products

Some of the micro-insurance policies or products offered by Liberty Micro Life Insurance includes, but not limited to:

• Micro Term Life Insurance: It is a non-linked, non-participating, individual life term insurance plan providing protection benefits. It is designed for individuals who take loans from banks, finance companies, self-help groups, and credit societies. This plan is also available to those without existing formal life insurance coverage. It is purely covers risk only and has no saving benefits.
• Micro Group Term Life Insurance: It targets affinity groups, such as members of co-operative credit societies, NGOs, self-help groups, and microfinance borrowers. A single master policy is issued to the nodal agency, covering all group members under one policy.
• Micro Endowment Life Insurance: It is an insurance plan tailored to meet market demands and customer needs. It combines insurance protection with compulsory savings, helping customers secure a prosperous future. This practical and beneficial plan provides coverage for the entire term, and at the end of the term, it pays out the sum assured along with a specified guaranteed benefit.

For more details, you can visit their website: libertymlife.com.np

Share Price and Market Analysis

Liberty Micro Life Insurance Company Limited is currently not listed in the NEPSE share market (as on June 2024).

For the share price or market analysis along with news of Liberty Micro Life Insurance Co. Ltd., you can check: Mero Lagani, Nepse Alpha, Share Sansar

Branches of Liberty Micro Life Insurance

Below are the list of branches of Liberty Micro Life Insurance in various provinces and locations of Nepal.

Contact Details (Head Office)

Website: libertymlife.com.np
Phone: +977-061-591097/98
Email: [email protected]
Address: Newroad Complex , Newroad, Pokhara Metropolitan City, Ward No. 8, Kaski, Gandaki Province, Nepal

If you want to know more details about Liberty Micro Life Insurance Company Limited, or have some suggestions, you can feel free to write to us.