Saturday, January 14, 2023

Mega Capital launches emergency insurance plan

Kathmandu, Jan. 13

Mega Capital Markets Limited has launched a new emergency insurance service -Mega Insured Portfolio- under the Portfolio Management Service (PMS) to provide reasonable return to the customers as well as ease the risk expenses that may occur in accidents and health.

The new service will focus on providing protection to the customers from accidental expenses of hospitalisation due to accidents and health problems, as well as minimising the risks in investment in the stock market and providing reasonable returns, the company said in a statement on Friday.

According to it, if such expenses are protected by insurance, the investment amount for the future and investment confidence will be increased, and it will help envisage a brighter and more prosperous future.

The amount of insurance is determined on the basis of the size of investment.

The insurance amount is divided in equal proportion to accident insurance and hospital admission expenses under health insurance.

The company said that the insurance service could be obtained with a minimum of Rs. 300,000 in cash or by giving shares equal to that amount. 

Published in The Rising Nepal daily on 14 January 2022.  

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