Kathmandu. Nepal Insurance Authority (NEA) has prepared a draft of Insurance Literacy Framework-2083. The Insurance Literacy Campaign, which is essential for the development and promotion of insurance, is the responsibility of both the Authority and the insurer and this framework has been prepared with the intention of providing uniformity by guiding this work.
The NRA has sought suggestions from the stakeholders on this outline. The feedback can be sent in writing to the Insurance Promotion Section of the Authority in [email protected] within 3 working days.
The responsibility and role of the Authority for insurance literacy has been clearly included in this framework.
Here are the responsibilities and roles of the authority
- To prepare and certify literacy materials and curriculum containing general to specialized knowledge of insurance.
- Circular and directive to the licensed insurer to carry out insurance literacy promotional activities.
To formulate and implement guidelines and standards related to insurance literacy in a timely manner.TAG_OPEN_li_27
To directly conduct promotional programs related to insurance literacy and awareness raising throughout the country using various media, technology and channels.TAG_OPEN_li_25
To conduct special programs for training of trainers and other capacity building to prepare the skilled manpower required to carry out insurance literacy programs at the local and lower level.TAG_OPEN_li_24
To conduct regular training on various current and technical insurance topics to enhance the professional efficiency of the human resources, intermediaries and other stakeholders in the insurance market.TAG_OPEN_li_23
TAG_OPEN_li_21 Enter into agreements with Nepal Rastra Bank, Securities Board of Nepal, Ministries of the Government of Nepal, local governments, educational institutions and other stakeholders for effective coordination and strategic partnership in financial awareness programs.
To review the annual literacy plans formulated by the licensed institutions and to issue necessary directives after regularly monitoring, supervising and evaluating the effectiveness of insurance literacy programs conducted throughout the country.TAG_OPEN_li_20
To conduct periodic studies, research and surveys to identify the real situation of insurance literacy, public trust and access to insurance at the national level.TAG_OPEN_li_19
