{"id":318443,"date":"2026-10-04T19:49:47","date_gmt":"2026-10-04T14:04:47","guid":{"rendered":"https:\/\/insurancekhabar.com\/?p=318443"},"modified":"2026-10-04T19:50:05","modified_gmt":"2026-10-04T14:05:05","slug":"flood-affected-people-to-get-6-months-moratorium-on-insurance-premiums-and-interest-waiver-on-insurance-loans-2","status":"publish","type":"post","link":"https:\/\/english.insurancekhabar.com\/flood-affected-people-to-get-6-months-moratorium-on-insurance-premiums-and-interest-waiver-on-insurance-loans-2\/","title":{"rendered":"Flood affected people to get 6 months moratorium on insurance premiums and interest waiver on insurance loans"},"content":{"rendered":"<p>Kathmandu. The Nepal Insurance Authority (NIA) has issued a directive to waive the insurance interest for up to 6 months for the insured people affected and displaced by the massive flood in the Bhotekoshi River in Rasuwa. <\/p>\n<p>The authority has also directed to extend the moratorium for payment of renewal insurance premium by 6 months. According to the authority, the concerned insured and guardian have been instructed to help the insurer to get the document details and update the documents if the insurance companies have destroyed the insurance documents. <\/p>\n<p>The authority has directed to extend the deadline for not charging interest for up to 6 months in case of failure to pay the insurance premium or the destiny installment of the insurance policy loan due to the lack of insurance policy. <\/p>\n<p>For such exemption, the concerned insured or his\/her family members will have to submit the recommendation of the local level or the recommendation of the police office or the recommendation of the National Disaster Risk Reduction and Management Authority. <\/p>\n<p>In case of loss or destruction, the insurer has to provide a copy of the policy free of cost. <\/p>\n<p>People in five districts including Rasuwa, Nuwakot, Dhading, Chitwan and Gorkha have been affected by the floods and landslides that spread from Bhotekoshi of Rasuwa to the Narayani River via Trishuli. <\/p>\n<p>More than 13,396 people were rescued from the floods. Of these, 300 were foreign nationals. Similarly, 2 people including a Chinese national were rescued alive from the tunnel of Trishuli Hydropower Project 3A and three people including a Chinese national were rescued alive from the tunnel of Trishuli Hydropower Project 1. <\/p>\n<p>According to the National Disaster Risk Reduction and Management Authority, 5,000 people are still missing, including 600 from 35 countries. The bodies of 1,355 of those who were drowned by floods and landslides were retrieved from the flood-affected areas.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kathmandu. The Nepal Insurance Authority (NIA) has issued a directive to waive the insurance interest for up to 6 months for the insured people affected and displaced by the massive flood in the Bhotekoshi River in Rasuwa. The authority has also directed to extend the moratorium for payment of renewal insurance premium by 6 months. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":242500,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45152,45159],"tags":[71854,56088],"class_list":["post-318443","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner-news-en","category-life-insurance-en","category-news-en","tag-lifeinsurance-en","tag-insurance-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/318443","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=318443"}],"version-history":[{"count":1,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/318443\/revisions"}],"predecessor-version":[{"id":318444,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/318443\/revisions\/318444"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/242500"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=318443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=318443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=318443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}