IME Life paid Rs 3.24 million in insurance claims in Bhadra
IME Life Insurance Company paid Rs 3.24 million in claims for 111 cases in Bhadra of the current fiscal year. Term insurance accounted for the largest share of total payments.
Kathmandu. IME Life Insurance Company paid insurance claims amounting to Rs 3.24 million in Bhadra of the current fiscal year. The company settled a total of 111 claims during the period.
Term insurance accounted for the largest share of total claim payments in Bhadra. Under term insurance, the company paid Rs 1.892 million for 101 claims.
Similarly, under traditional insurance, the company paid Rs 1.134 million for 7 claims.
Likewise, under foreign employment insurance, the company paid Rs 215,000 for 4 claims.
Overall, term insurance contributed the highest portion of the company's total claim payments in Bhadra, reflecting the segment's influence on the company's insurance portfolio.