Since insurance companies in Nepal announced COVID-19 schemes in April, more than 1.4 million applied, but many patients are having payment disputes and few have collected their dues, thus jeopardising the public’s trust in the entire insurance sector.

As the spread of the pandemic across Nepal shows no sign of abating, insurance companies themselves may need COVID-19 insurance because of over-exposure to claims.

When coronavirus insurance schemes were introduced in April, Nepal had very few cases and it looked like the country was not going to be severely affected. Insurance companies launched their schemes, and the overwhelming response has now come back to haunt them as the total number of cases crosses 105,000.

https://www.nepalitimes.com/latest/nepal-tries-to-ensure-COVID-19-insurance/