Kathmandu. Foreign employment term life insurance business is going to be taken away from insurance companies.
The Bill prepared by the Ministry of Labour, Employment and Social Security to amend the Foreign Employment Act, 2064 BS has proposed to remove the provision of issuing foreign employment term life insurance to those going for foreign employment from private companies. According to the current act, those going for foreign employment have to get term life insurance through private insurance companies.
In the proposed bill, provision is being made to remove it and deposit the insurance amount in the welfare fund. The ministry believes that if this arrangement is implemented, the welfare fund of the workers will be further strengthened.
Similarly, it is clear from the proposed bill that the welfare fund is being further widened to provide financial assistance in case of death in the course of treatment in the destination country while undergoing treatment or coming to Nepal and in case of death of workers who came to Nepal on leave within the contract period. There is no provision in this regard in the current Act.
According to the proposed bill, if the manpower company does not decide whether to verify the demand letter within 15 days of applying through the Foreign Employment Information Management System, then the demand letter will be verified so that the embassy will be responsible. It has also been proposed in the bill that there is no need to take approval from the Department of Foreign Employment after the verification of the demand letter. It has been arranged that the demand letter verification of the country where there is no Nepali embassy will be done directly from the Department of Foreign Employment.
According to the current act, the Department of Foreign Employment cannot give approval until the demand letter is verified by the embassy.
Similarly, the provision of the existing Act, which allows re-labour permit only twice, is also being amended. According to the bill, permission can be obtained more than two times from the embassy.
