#insurance
Use the kids' funds to fund an insurance plan for them.
Oct 12
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Nepal has 14 life insurance companies, offering coverage for up to 25 lakh rupees and some also insuring newborn babies.
Due to the storm, insurance claims that were once estimated to be worth seven billion have now escalated to two billion.
Insurance companies are expected to face a claim worth seven billion due to the heavy rains, floods, and landslides that occurred in the first week of October.