Civil Service Insurance
To minimize the financial risk to the dependent of government employees caused by their death and to secure their retirement life, on approval of Nepal Government Citizen investment Trust has been running the insurance fund project since Nepali calendar year 2062/63.It is mandatory to all Government Employees to contribute Rs. 800 from their monthly salary and the same amount Rs. 800 is added up by Nepal Government as insurance premium to the Insurance Fund. Citizen Investment Trust has facilitating to insured the general life insurance of insured sum Rs. 2,00,000 for twenty years life from insurance fund and has providing the insurance benefit as mentioned on the Civil Service Act 2049 (Sec.40.a).
Teachers Insurance
Two years after the introduce of government employees insurance fund , since Nepali calendar year 2064/65 Citizen Investment Trust has been running the Teacher Insurance Fund Project under mutual agreement with Nepal Government Ministry of Education. The objective of the project is to minimize the financial risk to the dependent of teachers caused by their death and to secure their retirement life. It is mandatory to all Community School Teachers to contribute Rs. 800 from their monthly salary and the same amount Rs. 800 is added up by Nepal Government as insurance premium to the Insurance Fund. Citizen Investment Trust has facilitating to insured the life insurance of insured sum Rs. 200,000 for twenty years life from insurance fund.
Nepal Army Insurance
It is mandatory to all Nepal Army employees to contribute Rs. 800 from their monthly salary and the same amount Rs. 800 is added up as insurance premium to the Insurance Fund.
Nepal Police Insurance
It is mandatory to all Nepal police employees to contribute Rs. 800 from their monthly salary and the same amount Rs. 800 is added up as insurance premium to the Insurance Fund.
Armed Police Insurance
It is mandatory to all armed police force employees to contribute Rs. 800 from their monthly salary and the same amount Rs. 800 is added up as insurance premium to the Insurance Fund
