Kathmandu, Nov. 3
Finance Minister Bishnu Prasad Paudel has directed the Nepal Insurance
Board and insurance companies to make the payment of the coronavirus insurance
claim at the earliest.
He asked the stakeholders, including the NIB and Nepal Insurers
Association, professional association of insurance companies in the country, to
make haste in paying the money to the insured in a meeting at his office at the
Ministry of Finance on Tuesday.
The meeting has decided to clear the payment of the insurance applicants
within a week. It has also decided that the NIB would monitor the insurance
market and submit daily report of the payment to the MoF.
The NIB will also launch a Help Desk with a hotline telephone to direct
the insurance companies to address the grievances of the customers.
The meeting was attended by secretary duo of the MoF Shishir Kumar Dhungana,
Ram Sharan Pudashaini, NIB chair Chiranjibi Chapagain and President of the NIA
Dip Prakash Pandey.
The insurance companies have received about 13,353 claims for coronavirus
insurance but only 1,441 were settled.
About Rs. 1.28 billion is needed to settle the total demand the companies
have received.
Published in The Rising Nepal daily on 4 November 2020.
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