HOUSE INSURANCE POLICY IN NEPAL

House insurance covers property insurance of private residence .Due to the massive Earthquake of 7.2 M in 25th April many people have now started to insure their house. There are many companies in Nepal which provide House Insurance Facility. The plan of insurance differs from one company to other.Some of the companies which provides house insurance facilities are:

1.Siddhartha Insurance

The company provides insurance to the service holder on the damage of house due to any of the following cause:
1.Stom
2.Riot strike damae
3.Aircraft damage
4.Malicious damage and terrorism
5.Burglary and house breaking
6.Earthquake
7.fire and strom
8.Explosion of domestic appliances
9.Subsidence and landslide

If are the victim and want to receive your  insurance the claim procedure are :
A. Inform the insurance company immediately with imitation letter mentioning the details:
1.Policy no and details
2.date,time,place and cause of the accident
3.location
4.Estimated amount of loss
5. Your contact with mobile no

Earthquake claim Detail registered in Siddhartha Insurance company

1.Total claim Intimated: 1659
2. total amount of Estimated claim:1,291,292,000.00
3.No of claim paid :1216
4.Total amount of claim Paid:335,673,000.00
5.No of Adv paid: 6
6. Amount of Adv paid :51,200,000.00
(Updated as per 11 oct 2015 ) 

2.NATIONAL INSURANCE -NEPAL

National insurance company is one of the most trusted company and has been providing service since the last four decades.Its headquarter is is in Kolkata, India NIC foreign policy are carried out through Nepal Branch.

3. SAGATMATHA INSURANCE COMPANY

Estd:1996, joint colaboration with Celyinco Insurance ,Srilanka

4. NEPAL LIFE INSURANCE

5.STANDARD CHARTERED BANK NEPAL

6.SIKHAR INSURANCE CO. LTD