Nepal Life made a declare cost of 54.76 billion

Kathmandu. The declare cost of Nepal Life Insurance Company has reached 54.76 billion. The firm has paid a complete of 5.3 billion dying claims and 15.26 billion time period termination claims until the tip of October 2079.

The firm stated that it has paid 18 billion 53 million partial time period. According to the corporate, 15 billion 94 crore rupees have been paid below insurance coverage price cost low cost, everlasting complete disability declare, facility as a result of deadly illness and accidental dying profit facility.

Praveen Raman Parajuli, Chief Executive Officer of the corporate, says that Nepal Life is at all times able to pay the quantity on time after the lack of the danger or after the expiry of the interval as per the settlement between the insured and the insurer.

The firm stated that the dying declare and different injury claims will probably be paid after the occurrence at any time throughout the insurance coverage interval.