Shikhar Insurance Expedites advance Payments for Flood and Landslide Claims

Kathmandu, Shikhar Insurance Company has announced that it is rapidly processing insurance claims related to recent floods and landslides caused by continuous rainfall since Ashwin 11th. The company is prioritizing swift payouts for smaller and simpler claims to provide immediate relief to affected policyholders across the country.

For larger insurance claims, where damaged property requires extensive repairs or where it takes time to assess the extent of the loss, the company has introduced an advanced claim payment system. This allows insured individuals to receive partial payments before the full claim is finalized, helping them manage urgent financial needs while the damage is being fully evaluated.

Shikhar Insurance has urged affected policyholders to get in touch with their company representative, assigned surveyor, or contact the company directly for assistance with their claims. The company reassured that all claims will be handled in accordance with prevailing insurance rules to ensure timely support for those impacted by the disasters.