ICT Frame | Tech News, Reviews & Digital Updates from Nepal clickmandu
2 sources · 3 articles
Started 3 days ago · Updated 3 days ago

Reliable Nepal Life Insurance Settles Death Claim for Bhes Bahadur Syangtan

Photo · ictframe.com

Reliable Nepal Life Insurance Limited has settled a death claim for Bhes Bahadur Syangtan, a policyholder who passed away last month. The company's Hetauda office expedited the process, delivering a payout of eleven lakh forty-nine thousand rupees to the surviving family members. This settlement highlights the financial protection offered by life insurance policies in times of unexpected loss.

  • The deceased, Bhes Bahadur Syangtan, had purchased a life insurance policy approximately three years prior to his passing.
  • The policy had a base sum assured value of ten lakh rupees, with the final payout including accumulated bonuses.
  • The insurance provider emphasized rapid data verification and compassionate administrative handling to provide critical fiscal support.
  • The company's field team personally delivered the payout to the grieving household.
  • The settlement aims to protect the family from immediate financial distress following the loss of the primary provider.

Timeline (3)

Share ↗
Related

More in Economy

See all
Nepal's Public Enterprises: 27 Profitable, 16 Incurring Losses, Ministry of Finance Report Nepal's Public Enterprises: 27 Profitable, 16 Incurring Losses, Ministry of Finance Report

A recent report from Nepal's Ministry of Finance reveals that out of 45 public enterprises (PEs), 27 were profitable in the fiscal year 2024/25, while 16 incurred losses and two have been shut down. Despite an overall increase in net profits by 12.03%, deep-seated structural and managerial weaknesses continue to impact these state-owned entities.

6 articles · 7 hours ago
Nepal's Economy Projected to Grow 3.85% Amidst Global Uncertainty, Finance Minister Reports Nepal's Economy Projected to Grow 3.85% Amidst Global Uncertainty, Finance Minister Reports

Nepal's economy is projected to grow by 3.85 percent in the current fiscal year, according to the Economic Survey presented by Finance Minister Dr. Swarnim Wagle. Despite global economic uncertainty and regional conflicts, the nation's macroeconomic indicators have shown improvement, with the total economy estimated to reach Rs. 6.6 trillion and per capita national income projected at USD 1,535.

25 articles · 8 hours ago
Nepal's Economic Survey FY 2082/83 Highlights Positive Indicators Amidst Challenges Nepal's Economic Survey FY 2082/83 Highlights Positive Indicators Amidst Challenges

Nepal's Economic Survey for Fiscal Year 2082/83 indicates a strengthening external sector, controlled inflation, and a significant increase in remittance inflows. However, the report also identifies persistent challenges including weak capital expenditure, a widening trade deficit, expanding public debt, and sluggish private sector loan disbursement. The economy is projected to grow by 3.85 percent in the current fiscal year.

3 articles · 10 hours ago
Nepal's Public Enterprises: 27 Profitable, 16 Loss-Making as of FY 2081/82 Nepal's Public Enterprises: 27 Profitable, 16 Loss-Making as of FY 2081/82

As of fiscal year 2081/82, Nepal's public enterprises show a mixed financial performance, with 27 out of 45 institutions operating profitably while 16 incurred losses, according to the Economic Survey 2082/83 presented by Finance Minister Dr. Swarnim Wagle. The total government investment in these enterprises has reached NPR 798.56 billion.

8 articles · 11 hours ago