2 and a half billion insurance claim for the damage caused by the flood

Out of the total 709 claims, 553 are in Wagmati province, the demand is 2.58 billion

Ashwin 20, 2081

Yagya Banjade

2 and a half billion insurance claim for the damage caused by the flood

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Out of the damage caused by the incessant rains since October 10, insurance claims worth Rs. According to the Nepal Insurance Authority, the said amount has been claimed from the number of 799 claims.

But the initial estimate of the authority is that the insurance claim worth about 157 billion rupees will be claimed during that period. According to the Nepal Insurance Authority, claims of Rs. This is only the data from October 10 to 16. The authority has said that the number and amount of claims are likely to increase as the claims process is ongoing. "The mentioned figure is only about 4/5 days (from October 10 to 16), the rest of the details are yet to come," the source said Crore 89 lakh rupees, 43 lakh 67 thousand rupees under agricultural crop insurance, 1 crore 15 lakh 82 thousand rupees under livestock insurance, 27 crore 33 lakh 61 thousand rupees under motor insurance (private), 14 crore 45 lakh 60 thousand rupees under motor insurance (public),  According to the authority, there are initial claims worth Rs.6 billion, 115,187,000 under property insurance, Rs.93,23,000 under marine insurance and Rs.14,95,000 under other (various) insurance policies.

Provincially, the highest claim is in Bagmati province. So far, claims worth Rs 6 billion 93 crore 81 lakh have been seen through the number of 2 thousand 79 claims in this province. Koshi is the second most claimed province. In this province, there are 159 claims worth about 17 million claims. After Koshi, there are more claims in Madhesh, Lumbini, Gandaki and Karnali respectively. 

The authority said that details have been received from Sudurpaschim Province so far for the claim of damage caused by the flood. 'Why is there no claim from the Far Western Province or the claims in that province may have been reported from other neighboring provinces (Karnali and Lumbini),' said the source, 'as work is being done to collect the details of the claims, it will be decided in the coming days.' break The regulatory body Nepal Insurance Authority has given instructions to simplify claims made during disasters and to pay claims quickly. President Surya Prasad Silwal gave this instruction in a discussion with the chief executive officers of insurance companies last week regarding the simplification of insurance claims for damage caused by floods and landslides and quick payment of claims.  He says that to remove the illusion that

insurance companies do not pay claims, they cause unnecessary trouble, companies should pay claims quickly.

'I request that the payment of insurance claims for damage to citizens' houses, properties and structures due to floods and landslides caused by the recent incessant rains be made as soon as possible,' President Silwal said, 'Due to the current special circumstances, among the documents related to the payment of claims that are required under normal circumstances, the police report and related The Authority has also instructed to make arrangements that do not require documents including the recommendation of the agency, to shorten the list of other documents and to submit the report to the insurance surveyors within the specified time limit. The authority has also asked the insurance companies to pay attention to the fact that in the current special situation, the insurance claims may be added gradually and the insurance policies may also be lost due to floods and landslides.

October 10, i.e. Thursday night, Friday and Saturday after the incessant rains, there was damage to water, roads, energy and irrigation infrastructure worth 11 billion rupees, according to government data. In last Tuesday's press conference, Prime Minister KP Sharma Oli informed that there was a loss of 3.52 billion in drinking water structure, 2.52 billion in road structure, 4 billion in energy infrastructure and 1 billion in irrigation infrastructure.

In the same program, Chief Secretary Ek Narayan Aryalal said that out of 37 highways blocked across the country, 9 of them were removed and put into operation and 6 billion was lost to agricultural crops and livestock. Chief Secretary Aryal said, "The floods have damaged 16 hydroelectric projects producing 667 MW of electricity, 18 hydroelectric projects under construction of 1,139 MW and 5 major transmission towers have been damaged," said Chief Secretary Aryal. , Sindhupalchok, Sindhuli and Makwanpur have been listed as the most affected districts by the flood.

The government is saying that grant funds will be provided immediately for the construction of temporary housing, and that water supply, strategic roads, telephone and electricity services that were blocked and damaged by the flood will be brought into operation as soon as possible. has come The government has also claimed that Beilibridges will be installed on important roads where the bridges have been washed away, and alternative means such as causeways and 'diversions' will be used on other roads that are blocked.

The government is committed to effective market monitoring and regulation to control artificial scarcity, price increase and black market of essential commodities. The government has mobilized a team under the leadership of the joint secretary in the flood-affected districts.

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