Farmers’ Access to Agricultural Insurance is Very Low

Kathmandu: It has been found that the access of farmers to agricultural insurance is low. The 7th National Agricultural Census has released such data. According to which, it has been found that 96 percent of farmers are out of...


What is Insurance?

Kathmandu: Insurance is an important risk management tool. Insurance is the provision of compensation in case of financial loss.The future life is insecure, so the process of transferring the financial burden of the risk to the insured’s life, property...


Nabil, Himalayan, NMB, NIC Asia, Lakshmi Sunrise and Citizens Bank in Action

Kathmandu: Central Bank has taken action against 6 commercial banks. Central Bank has taken action against Nabil, Himalayan, NMB, NIC Asia, Lakshmi Sunrise and Citizens Bank.The Central Bank has imposed cash fines on 2 banks. Central Bank has taken...


Authority’s Instructed Insurance Company to work Without any Blunder Understanding that Banks and Insurance are Different

Kathmandu : Chairman of Nepal Insurance Authority Surya Prasad Silwal has instructed the insurance companies to act in such a way that access to insurance in Madhesh province, will increase significantly as it is stable in 9% only .Addressing...


Central Bank’s Integrated Directive: Bank rate 7.5%  

Kathmandu : Central Bank has fixed the loan interest rate (Bank rate) at 7.5 percent. Releasing Integrated Directive 2080 B.S with amendments, that the Central Bank has fixed the interest rate of loans provided to licensed banks and financial...


Death Claim Payment of 1 Million Rupees by Nepal Life Insurance, Mirchaiya’s Sub-branch

Siraha : Nepal Life Insurance Company Mirchaiya sub-branch has provided the death claim amount. Nepal Life Insurance Company paid the death claim to the family of the deceased 1 million 37 thousand 4 hundred and 2 rupees inviting them...


What is life insurance:These are the benefits of insurance

Kathmandu: Life insurance is both a type of savings and an investment. A financial instrument that carries risks. Those people who are insured in the insurance company pay money every year. If those people are at risk, i.e. if...


Citizen Life Provided Financial Help 500 Thousand Rupees to

Kathmandu : Samata Education foundation is providing quality education in cheapest price since long period of time. To encourage it’s dedication and positive work towards the development of education standard in Nepal, Citizen Life Insurance has Provided financial support...


Citizen Life Insurance Entered in 7th Year

Kathmandu : Citizen Life Insurance Company has entered its seventh year from 19th of October 2023 A.D (2nd of Kartik 2080 B.S). Citizen Life Insurance, which started its business on 19th Cctober 2017 A.D. (2nd Kartik 2074 B.S), has...


New Bonus Rate Announced by Reliance on Sanima, Maximum Bonus up to 75 Rupees

Kathmandu: Sanima Life Insurance Company has announced the new bonus rate of former Reliance Life. The new bonus rate has been published on the basis of actuarial evaluation based on the company’s year 2021/.022. According to the new bonus...