Insurance is a way to hedge against the risk of unforeseen events. This can include property damage, death, disability and other potential losses.
The benefits of insurance include the ability to protect oneself and one's family from life's uncertainties by providing protection for property, health, and life risks.
There are generally 10 types of Insurances:
- Life Insurance or Personal Insurance
- Health Insurance
- Property Insurance
- Auto Insurance
- Long-Term Disability Coverage
- Marine Insurance
- Fire Insurance
- Liability Insurance
- Guarantee Insurance
- Social Insurance
You may or may not need all these types of Insurances but there are a few of them you might need which include Life Insurance, Health Insurance, Long-Term Disability Coverage, Property Insurance, Auto Insurance, etc.
In Nepal, there are three types of Insurance companies, they are:
- Life Insurance Company
- Non-Life Insurance Company
- Re-Insurance Company
We are trying to list out the life insurance companies in Nepal. If we missed any of them please let us know through comment or you can add by clicking the (+) plus sign rotating on the left of your screen if you are accessing from the desktop.