Company’s Services | All General Insurance Services |
Laws and Acts | Company Act 2063, Insurance Act 2079, Insurance Rules and Regulations, other related Laws and Acts, including Directives, Rules and Regulations, Circulars issued by Nepal Insurance Authority (the Insurance Regulatory of Nepal), Office of the Company Register, Security Board of Nepal (SEBON) |
Compulsory Documents required for issuance of all Insurance Policies | Properly filled Proposal Form, Photograph, KYC form, Risk inspection Report, subject to Payment of Premium |
Documents required to issue Insurance Policy | Vehicle Insurance : Vehicle Registration Book (Blue Book), Contract Document, Work Schedule Renewal Notice issued from previous Insurance Company (if any) Marine Insurance : Letter of Credit (L/C), Invoice, Proforma Invoice, Constructor’s All Risk : Contract Document, Bill of Quantity (BOQ) Travel Medical Insurance : Copy of Passport KYC Form : Photo, Copy of Citizenship, PAN/Registration Paper (for Firm) Other Insurances : As required by the Company |
Time taken to issue Insurance policy | One working hour at most after receiving of all the required information and documents to issue Insurance Policy |
Premium to be paid by insured for Renew or Fresh policy | The total Premium includes net Premium as declared in Insurance Policy Schedule, Tax Invoice, Stamp Charge and VAT. |
Renewal Notice | At the end of the one year Insurance period, the company issues Renewal Notice 4 weeks prior to the expiry of Insurance. |
Authority to receive underwriting related Complaints |
At the Company’s Head Office
First :
Mr. Nabaraj Timilsina, Asst. General Manager, Underwriting
Second :
Ms. Barishma Saud Acharya, Deputy Chief Executive Officer
Third :
Mr. NP Pradhan, Chief Executive Officer
|
Where to claim ? | Claim Department of the Company’s Head Office or any Branch Offices |
Time taken to complete claim process | Within 2 weeks after receiving of Surveyor’s Report and necessary documents |
Officers to receive Claim related complaints |
At the Company’s Head Office
First :
Mr. Sachin Malla, Asstistant Manager
Second :
Ms. Karuna Manandhar, Asst. General Manager
Third :
Mr. NP Pradhan, Chief Executive Officer
|
Where to go for Company’s Share related jobs ? | LGIC has deputed to NIBL Ace Capital Ltd, Lazimpat, Kathmandu, Phone Number: 01-4005080, for Share Related Job. |
Officers to receive complaints |
At the Company’s Head Office
First :
Mr. Devendra Koirala, Company Secretary
Second :
Mr. NP Pradhan, Chief Executive Officer
|
