Nepal Insurance Authority Directs Insurers to Facilitate Claims for Flood Victims

Kathmandu. Nepal Insurance Authority has directed life insurance companies to facilitate the insurance claim payment process for the affected areas in the Rasuwa flood. The authority has issued an 8-point circular with the directive.

In consideration of the interests of the insured affected by the floods in the BhoteKoshi, Trishuli, and Narayani rivers on Bhadra 10, a simplified arrangement as follows has been directed to be implemented in the process of death claims, policy surrender, policy loans, and maturity payments.