Kathmandu. As the bonus rate of National Life Insurance Company Limited is higher than other life insurers, the insured has also received more amount than other companies in claim payment. <\/p>\n
Since the bonus rate of this company is the highest among the life insurers, the insured is getting more amount than the insured when receiving the amount of insurance loan, surrender claim, maturity claim or death claim. <\/p>\n
The company’s fiscal year 2080. The minimum bonus rate is Rs 63 and the maximum bonus rate is Rs 85.\u00a0 Other Life Insurer’s FY 2080. 81 and 2081. The minimum declared bonus rate of Rs 82 is Rs 55. <\/p>\n
According to the company, since its inception, the insured and dependents have been paid a total of Rs 51.97 billion under various claims. This amount also includes contributions received through reinsurance. <\/p>\n
According to the details made public by the company, the largest portion of the claim payments made so far have been under maturity claims. The insurance company has already paid Rs 21.17 billion to the maturity claim. Similarly, the government paid Rs 13.92 billion as advance payment claim and Rs 8.42 billion as surrender claim. <\/p>\n
According to the insurance company, the dependents of the insured who died within the policy period have received the compensation of Rs 6.94 billion so far. Apart from this, Rs 1.50 billion has been provided under other claim headings. <\/p>\n
According to the company’s unrefined financial statements, a total of Rs 1.74 billion is yet to be paid to the insured as of mid-October. The company has Rs 93.63 billion in insurance fund for claim settlement. <\/p>\n
According to the company, National Life has been paying claims continuously for a long time. The total claim payment data since its inception reflects the company’s long-term commitment along with its claim payment capacity. <\/p>\n
In order to strengthen its claim payment capacity, the company has signed insurance agreement with Hannover Reinsurance Company of Germany and Nepal Reinsurance Company Limited and Himalayan Reinsurance Company Limited in Nepal. <\/p>\n
At a time when there has been a growing interest in claim payment, transparency and timely payment in the insurance sector in recent years, the National Life data is expected to strengthen the public’s trust in life insurance.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. As the bonus rate of National Life Insurance Company Limited is higher than other life insurers, the insured has also received more amount than other companies in claim payment. Since the bonus rate of this company is the highest among the life insurers, the insured is getting more amount than the insured when receiving […]<\/p>\n","protected":false},"author":5,"featured_media":253660,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45152,45159],"tags":[56056,56060],"class_list":["post-280939","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner-news-en","category-life-insurance-en","category-news-en","tag-beema-en","tag-insurancenews-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/280939","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=280939"}],"version-history":[{"count":0,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/280939\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/253660"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=280939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=280939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=280939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}