Critical Illness and Death Claim Payment provided by Citizen Life in a same day

Kathmandu: Citizen Life Insurance Company Limited has paid insurance claims for fatal disease and death on the same day.  The Bijuwar branch of the company organized a program and handed over Rs.957 thousand for terminal illness and Rs.1.4 million...


Prabhu Mahalakshmi Life will issue 17 percent right shares till to December 29

Kathmandu : The 6th Annual General Meeting of Prabhu Mahalakshmi Life Insurance Limited will be held on 29th of January. In the general meeting held at Arpan Byangkwet Baneshwar, there is an agenda to pass the annual report of...


The life insurance company increased investment in the stock market, investing 88 billion rupees in shares and debentures

Kathmandu : Nepal Insurance Authority has increased the investment of life insurance companies in shares and debentures. In the first quarter of the current financial year, life insurance companies have invested 88 billion rupees in shares and debentures. By...


Shock to Health Minister Basnet after suspension of Health Insurance Board Executive Director Basaula overturned by Supreme Court

Kathmandu : Supreme Court has given an interim order not to implement the ministerial decision to suspend Health Insurance Board Executive Director Dr. Damodar Basaula. An interim order has been issued by the joint bench of Judges Hari Prasad...


Life Insurance Companies has increased their Investment in Share Market

Kathmandu : Nepal Insurance Authority data shows that the investment of life insurance companies in shares and debentures has increased this fiscal year. In the first quarter of the current financial year, life insurance companies have invested 88 billion...


Insurance Claim Payment Provided by Himalayan Everest Insurance

Kathmandu : Himalayan Everest Insurance has paid the insurance claim. The company has paid the insurance claim of the tempo driver resident of Phidim, headquarter of Panchthar District in Koshi Province. The company has paid an insurance claim of...


Sitaram Thapa and Sandeep Chhetri elected as Members of Board of Directors of IME Life

Kathmandu: IME Life Insurance Company Limited has selected two people namely Sitaram Thapa and Sandeep Chhetri as members of the Board of Director The decision of the board of directors’ meeting elected them to the vacant directorship on 20th...


Scam by SuryaJyoti Life on the name of “Child Insurance policies” that do not bear the insured’s risk

Kathmandu : It has been revealed that SuryaJyoti Life Insurance Company has been selling erroneous policies. In the documents received by “Beemapost”, it has been revealed that Suryajyoti Life has been selling and distributing children’s insurance policies contrary to...


Tax evasion by Suryajyoti Life by submitting false information,total income

Kathmandu : Beemapost found the fact that after the integrated business as Suryajyoti Life, the former Surya Life and Jyoti Life had submitted false statements to the tax office while submitting the financial statement of the previous fiscal year...


LIC Nepal’s new “Baal Unnati Life Insurance” plan announced, What are its features?

Kathmandu : Life Insurance Corporation (LIC) Nepal has announced the ‘Baal Unnati Jeevan Beema’ (Child Development Life Insurance) policy. The company has announced the “Bal Unnati Insurance policy” with 60 per thousand guaranteed addition, which automatically covers the risk...