September 11, 2026, Friday
English

Government's relief package: Rasuwa flood victims will get up to 50% advance insurance claim payment

Main News Image

Kathmandu. The government has decided to provide advance payment to the insured affected by the Rasuwa flood based on the preliminary assessment of insurance claims. This arrangement has been made through the 'Rasuwa flood recovery package' announced by the Ministry of Finance on Thursday.

According to the ministry, arrangements will be made to make the assessment of insurance claims for flood damage more effective and faster, so that surveyors can be hired through a simplified process. Similarly, it has been arranged that the insurer will provide up to 50% advance claim payment based on the preliminary assessment report to the insured who claims the flood damage insurance.

According to the Ministry, arrangements have been made to provide up to 50% advance claim payment to the insurers as well.

mediabaaji add

Related News

Suryakund Hydro's IPO sale is open for general public from today

Kathmandu. Suryakunda Hydro Electric has opened the IPO sale for the general public from 18th January today. In the second phase, the company is going to issue a total of 572 thousand 431 shares of Rs 100 for general investors. 

In this...

New interest rate announced for the month of March, what is the interest rate of which bank?

Kathmandu. Commercial banks have announced the new interest rates applicable for the month of March. According to the public rate, the maximum average interest rate of individual term deposits has decreased slightly compared to February. The maxim...

After the Rasuwa-Tatopani crossing was closed, Korla became an alternative gateway to China

Mustang. After the Rasuwagadhi-Kerung road section was blocked due to Rasuwa flood-landslide, after the Chinese government closed the Tatopani border crossing, the Nepali citizens and vehicles stopped in China were taken through Kerung crossing Dh...

NEPSE decreased by eight digits, turnover of more than 2.83 billion

Kathmandu. The NEPSE index, which measures stock turnover in the stock market, is still down today. According to the Nepal Stock Exchange, the NEPSE index fell by 8.50 points and was limited to 2,651.52.

The sensitive index, which measures t...

Modi Energy has received preliminary approval for the issue of rights shares from the Electricity Regulatory Commission

Kathmandu. Modi Energy Limited has received prior approval from the Electricity Regulatory Commission to issue rights shares. The company had submitted an application to the Electricity Regulatory Commission seeking prior approval for the issue of...

Huge price hike in petroleum products

Kathmandu. Nepal Oil Corporation has increased the price of petroleum products. The corporation has informed that the prices of diesel, kerosene and jet fuel have been increased internally with effect from today. According to the new price list, d...