Category: Miscellaneous Insurance

This policy offers coverage against risks involving money and monetary transactions with reasonable premium rate. It provides comprehensive protection for the loss of money carried by authorized personnel while in transit from one place to another, as well as cash/cash-related items/securities kept in safe, vault, counter and cash in ATM against risks such as robbery, looting, snatching, etc.

This insurance policy is designed for banks, financial institutions, and other organizations that regularly handle cash transactions such as hotels, insurance companies, travel agencies, departmental stores, and similar businesses.

Coverage Includes:
• Theft, burglary, and housebreaking
• Robbery and hold-up
• Personal loss of money belonging to insured staff/workers (maximum coverage of NPR 10,000 per policy period)
• RSMDST risk (Add-on coverage)

Trekking and mountaineering insurance is a specialized insurance policy designed to protect trekkers and climbers against risks encountered while trekking or mountaineering in Nepal. It serves as a financial safety net by covering accidental injuries, death, and high-altitude related illnesses that are often excluded from standard travel or health insurance policies.

Coverage Includes

• Accidental death and injury
• Death, injury, or illness caused by altitude-related conditions, including:
  • Altitude sickness
  • Snow blindness
  • Frostbite
• Medical expenses (add-on coverage)
• Search and rescue expenses (add-on coverage)

A public liability insurance policy provides coverage against legal liability arising from third-party claims for bodily injury, death, or property damage caused by the insured’s business operations.

It protects businesses against compensation claims and related legal expenses if their activities accidentally cause injury (including death) to customers, clients, visitors, or members of the public, or result in damage to third-party property.

Public liability insurance is commonly required for businesses and organizations with public interaction or operational risks, including:

• Factories, Construction Activities
• Hotels, Resort, Restaurants
• Offices and Educational Institutions
• Hospitals, Research Centre and Laboratories
• Airport premises
• Cinema halls, Malls, Auditoriums, Theatres
• Exhibitions, Stadiums etc.

This Insurance provides comprehensive coverage from a single insurance policy to the institutions that conduct large financial transactions such as Banks, Development Banks, Finance and Micro-finance. It provides the insurance protection against risks that may arise in Cash, Cash-related Items (Gold, Silver, Bullions) and securities including the cash-related collateral items during transit or on the bank premises.
This insurance policy is intended only for banks and financial institutions licensed and authorized by Nepal Rastra Bank.

Coverages:
– Fire
– Burglary and House Breaking
– Robbery and Hold up
– Accidental Loss
– Forgery or Fraudulent
– Dishonesty of Employee
– RSMDST Risk (Add on Coverage)

This insurance is intended to provide an indemnity to the employer for financial loss sustained as a result of forgery, embezzlement and larceny of fraudulent conversion of money of the employer committed by salaried employees in the course of performance of their duties. The maximum liability under the policy will be the amount of guarantee.

The cover provided includes reimbursement for loss resulting from:

• dishonesty
• fraud
• loss of property
• loss from loans or trading

The above is brief information of the covers available under the Policy. Please request for a copy of the Insurer’s Terms and conditions of the policy which shall be binding and considered as final basis for settlement of any dispute.

This insurance is intended to cover contents of premises against loss or damage by burglary and/or by housebreaking. Here the burglary and housebreaking are defined as theft involving entry to or exit from the insured premises by forcible and violent means. It is a general condition of this policy that a watchman or a security guard is available in the premises on a 24 hour basis.