So far, 2,448 claims have been received. Most of them are 1 thousand 778 motor insurances.
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Insurance claims for damage to physical structures have started coming in during the demonstrations held on August 23 and 24. According to the Nepal Insurance Authority, claims worth about 22 billion 25 million 65 million rupees have been paid up to October 5th (Sunday).
However, since this is the initial claim, the insurance companies have stated that many of the sums will be received and not all of them will actually be paid out. During that period, 2 thousand 448 claims have been filed. Most of them are 1 thousand 778 motor insurances. Similarly, property insurance 538, engineering and contractor risk insurance 132, transportation insurance 11 And there are 19 claims in others.
The insurance association has asked the insured to claim insurance quickly and the insurance company to pay quickly. "All the insured and customers are requested to contact the relevant insurance company to inform about the damage caused due to the uncomfortable situation," said the statement of the association.
Many offices have been completely damaged in arson and vandalism. Some have partial . There is concern everywhere whether the insurance company will be able to pay all the claims due to multiple losses at once. Keeping this interest in mind, the Insurance Association requests that the insurance claim, payment process, fraud and other matters be resolved quickly and easily.
