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<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">The government and the Insurance Board on Tuesday had directed insurance companies to settle the claims within a week of receiving all documents. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">However, due to the practical difficulties, the insurance companies are preparing to settle the claims within two weeks. According to a source, there has been preliminary agreement between the Insurance Board and insurance companies in this regard. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">A discussion was held between Chief Executive Officers (CEO) of the Insurance Board and insurance companies on Wednesday. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">CEO of NLG Insurance Sunil Ballav Pant stated that they are making effort to complete the process within 10 to 12 days. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">“There are lots of pending applications. On top of that, the documents received should be verified,” he said, adding, “So it is practically difficult to pay the claim in time. However, the processes are being done so that the claim can be paid within two weeks.” </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">He further said that in some cases, the PCR report is also likely to be fake and therefore the documents should be properly verified. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">Moreover, he said that some people are found to have taken the compensation twice. </span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">The government and the Insurance Board on Tuesday had directed insurance companies to settle the claims within a week of receiving all documents. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">However, due to the practical difficulties, the insurance companies are preparing to settle the claims within two weeks. According to a source, there has been preliminary agreement between the Insurance Board and insurance companies in this regard. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">A discussion was held between Chief Executive Officers (CEO) of the Insurance Board and insurance companies on Wednesday. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">CEO of NLG Insurance Sunil Ballav Pant stated that they are making effort to complete the process within 10 to 12 days. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">“There are lots of pending applications. On top of that, the documents received should be verified,” he said, adding, “So it is practically difficult to pay the claim in time. However, the processes are being done so that the claim can be paid within two weeks.” </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">He further said that in some cases, the PCR report is also likely to be fake and therefore the documents should be properly verified. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">Moreover, he said that some people are found to have taken the compensation twice. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">“Those who have been insured are trying to cheat regarding the coronavirus insurance. Therefore, it needs to be strictly regulated,” he said. </span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">The government and the Insurance Board on Tuesday had directed insurance companies to settle the claims within a week of receiving all documents. </span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">A discussion was held between Chief Executive Officers (CEO) of the Insurance Board and insurance companies on Wednesday. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">CEO of NLG Insurance Sunil Ballav Pant stated that they are making effort to complete the process within 10 to 12 days. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">“There are lots of pending applications. On top of that, the documents received should be verified,” he said, adding, “So it is practically difficult to pay the claim in time. However, the processes are being done so that the claim can be paid within two weeks.” </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">He further said that in some cases, the PCR report is also likely to be fake and therefore the documents should be properly verified. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">Moreover, he said that some people are found to have taken the compensation twice. </span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">The government and the Insurance Board on Tuesday had directed insurance companies to settle the claims within a week of receiving all documents. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">However, due to the practical difficulties, the insurance companies are preparing to settle the claims within two weeks. According to a source, there has been preliminary agreement between the Insurance Board and insurance companies in this regard. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">A discussion was held between Chief Executive Officers (CEO) of the Insurance Board and insurance companies on Wednesday. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">CEO of NLG Insurance Sunil Ballav Pant stated that they are making effort to complete the process within 10 to 12 days. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">“There are lots of pending applications. On top of that, the documents received should be verified,” he said, adding, “So it is practically difficult to pay the claim in time. However, the processes are being done so that the claim can be paid within two weeks.” </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">He further said that in some cases, the PCR report is also likely to be fake and therefore the documents should be properly verified. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">Moreover, he said that some people are found to have taken the compensation twice. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">“Those who have been insured are trying to cheat regarding the coronavirus insurance. Therefore, it needs to be strictly regulated,” he said. </span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">The government and the Insurance Board on Tuesday had directed insurance companies to settle the claims within a week of receiving all documents. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">However, due to the practical difficulties, the insurance companies are preparing to settle the claims within two weeks. According to a source, there has been preliminary agreement between the Insurance Board and insurance companies in this regard. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">A discussion was held between Chief Executive Officers (CEO) of the Insurance Board and insurance companies on Wednesday. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">CEO of NLG Insurance Sunil Ballav Pant stated that they are making effort to complete the process within 10 to 12 days. </span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">He further said that in some cases, the PCR report is also likely to be fake and therefore the documents should be properly verified. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">Moreover, he said that some people are found to have taken the compensation twice. </span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">CEO of NLG Insurance Sunil Ballav Pant stated that they are making effort to complete the process within 10 to 12 days. </span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">He further said that in some cases, the PCR report is also likely to be fake and therefore the documents should be properly verified. </span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">The government and the Insurance Board on Tuesday had directed insurance companies to settle the claims within a week of receiving all documents. </span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">A discussion was held between Chief Executive Officers (CEO) of the Insurance Board and insurance companies on Wednesday. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">CEO of NLG Insurance Sunil Ballav Pant stated that they are making effort to complete the process within 10 to 12 days. </span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">He further said that in some cases, the PCR report is also likely to be fake and therefore the documents should be properly verified. </span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">A discussion was held between Chief Executive Officers (CEO) of the Insurance Board and insurance companies on Wednesday. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">CEO of NLG Insurance Sunil Ballav Pant stated that they are making effort to complete the process within 10 to 12 days. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">“There are lots of pending applications. On top of that, the documents received should be verified,” he said, adding, “So it is practically difficult to pay the claim in time. However, the processes are being done so that the claim can be paid within two weeks.” </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">He further said that in some cases, the PCR report is also likely to be fake and therefore the documents should be properly verified. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">Moreover, he said that some people are found to have taken the compensation twice. </span></span></span></span></p>
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November 6: Non-life insurance companies have agreed to settle the insurance claims for coronavirus within two weeks amid complaints from the claimants that they are not receiving compensation.
The government and the Insurance Board on Tuesday had directed insurance companies to settle the claims within a week of receiving all documents.
However, due to the practical difficulties, the insurance companies are preparing to settle the claims within two weeks. According to a source, there has been preliminary agreement between the Insurance Board and insurance companies in this regard.
A discussion was held between Chief Executive Officers (CEO) of the Insurance Board and insurance companies on Wednesday.
CEO of NLG Insurance Sunil Ballav Pant stated that they are making effort to complete the process within 10 to 12 days.
“There are lots of pending applications. On top of that, the documents received should be verified,” he said, adding, “So it is practically difficult to pay the claim in time. However, the processes are being done so that the claim can be paid within two weeks.”
He further said that in some cases, the PCR report is also likely to be fake and therefore the documents should be properly verified.
Moreover, he said that some people are found to have taken the compensation twice.
“Those who have been insured are trying to cheat regarding the coronavirus insurance. Therefore, it needs to be strictly regulated,” he said.
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<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">The government and the Insurance Board on Tuesday had directed insurance companies to settle the claims within a week of receiving all documents. </span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">CEO of NLG Insurance Sunil Ballav Pant stated that they are making effort to complete the process within 10 to 12 days. </span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">He further said that in some cases, the PCR report is also likely to be fake and therefore the documents should be properly verified. </span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">The government and the Insurance Board on Tuesday had directed insurance companies to settle the claims within a week of receiving all documents. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">However, due to the practical difficulties, the insurance companies are preparing to settle the claims within two weeks. According to a source, there has been preliminary agreement between the Insurance Board and insurance companies in this regard. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">A discussion was held between Chief Executive Officers (CEO) of the Insurance Board and insurance companies on Wednesday. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">CEO of NLG Insurance Sunil Ballav Pant stated that they are making effort to complete the process within 10 to 12 days. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">“There are lots of pending applications. On top of that, the documents received should be verified,” he said, adding, “So it is practically difficult to pay the claim in time. However, the processes are being done so that the claim can be paid within two weeks.” </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">He further said that in some cases, the PCR report is also likely to be fake and therefore the documents should be properly verified. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">Moreover, he said that some people are found to have taken the compensation twice. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">“Those who have been insured are trying to cheat regarding the coronavirus insurance. Therefore, it needs to be strictly regulated,” he said. </span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">The government and the Insurance Board on Tuesday had directed insurance companies to settle the claims within a week of receiving all documents. </span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">A discussion was held between Chief Executive Officers (CEO) of the Insurance Board and insurance companies on Wednesday. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">CEO of NLG Insurance Sunil Ballav Pant stated that they are making effort to complete the process within 10 to 12 days. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">“There are lots of pending applications. On top of that, the documents received should be verified,” he said, adding, “So it is practically difficult to pay the claim in time. However, the processes are being done so that the claim can be paid within two weeks.” </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">He further said that in some cases, the PCR report is also likely to be fake and therefore the documents should be properly verified. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">Moreover, he said that some people are found to have taken the compensation twice. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">“Those who have been insured are trying to cheat regarding the coronavirus insurance. Therefore, it needs to be strictly regulated,” he said. </span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">The government and the Insurance Board on Tuesday had directed insurance companies to settle the claims within a week of receiving all documents. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">However, due to the practical difficulties, the insurance companies are preparing to settle the claims within two weeks. According to a source, there has been preliminary agreement between the Insurance Board and insurance companies in this regard. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">A discussion was held between Chief Executive Officers (CEO) of the Insurance Board and insurance companies on Wednesday. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">CEO of NLG Insurance Sunil Ballav Pant stated that they are making effort to complete the process within 10 to 12 days. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">“There are lots of pending applications. On top of that, the documents received should be verified,” he said, adding, “So it is practically difficult to pay the claim in time. However, the processes are being done so that the claim can be paid within two weeks.” </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">He further said that in some cases, the PCR report is also likely to be fake and therefore the documents should be properly verified. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">Moreover, he said that some people are found to have taken the compensation twice. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">“Those who have been insured are trying to cheat regarding the coronavirus insurance. Therefore, it needs to be strictly regulated,” he said. </span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">The government and the Insurance Board on Tuesday had directed insurance companies to settle the claims within a week of receiving all documents. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">However, due to the practical difficulties, the insurance companies are preparing to settle the claims within two weeks. According to a source, there has been preliminary agreement between the Insurance Board and insurance companies in this regard. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">A discussion was held between Chief Executive Officers (CEO) of the Insurance Board and insurance companies on Wednesday. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">CEO of NLG Insurance Sunil Ballav Pant stated that they are making effort to complete the process within 10 to 12 days. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">“There are lots of pending applications. On top of that, the documents received should be verified,” he said, adding, “So it is practically difficult to pay the claim in time. However, the processes are being done so that the claim can be paid within two weeks.” </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">He further said that in some cases, the PCR report is also likely to be fake and therefore the documents should be properly verified. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">Moreover, he said that some people are found to have taken the compensation twice. </span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">The government and the Insurance Board on Tuesday had directed insurance companies to settle the claims within a week of receiving all documents. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">However, due to the practical difficulties, the insurance companies are preparing to settle the claims within two weeks. According to a source, there has been preliminary agreement between the Insurance Board and insurance companies in this regard. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">A discussion was held between Chief Executive Officers (CEO) of the Insurance Board and insurance companies on Wednesday. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">CEO of NLG Insurance Sunil Ballav Pant stated that they are making effort to complete the process within 10 to 12 days. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">“There are lots of pending applications. On top of that, the documents received should be verified,” he said, adding, “So it is practically difficult to pay the claim in time. However, the processes are being done so that the claim can be paid within two weeks.” </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">He further said that in some cases, the PCR report is also likely to be fake and therefore the documents should be properly verified. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">Moreover, he said that some people are found to have taken the compensation twice. </span></span></span></span></p>
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include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
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'title' => 'Coronavirus Insurance Claims to be Settled within 2 Weeks ',
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'summary' => 'November 6: Non-life insurance companies have agreed to settle the insurance claims for coronavirus within two weeks amid complaints from the claimants that they are not receiving compensation.',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">November 6: Non-life insurance companies have agreed to settle the insurance claims for coronavirus within two weeks amid complaints from the claimants that they are not receiving compensation.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">The government and the Insurance Board on Tuesday had directed insurance companies to settle the claims within a week of receiving all documents. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">However, due to the practical difficulties, the insurance companies are preparing to settle the claims within two weeks. According to a source, there has been preliminary agreement between the Insurance Board and insurance companies in this regard. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">A discussion was held between Chief Executive Officers (CEO) of the Insurance Board and insurance companies on Wednesday. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">CEO of NLG Insurance Sunil Ballav Pant stated that they are making effort to complete the process within 10 to 12 days. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">“There are lots of pending applications. On top of that, the documents received should be verified,” he said, adding, “So it is practically difficult to pay the claim in time. However, the processes are being done so that the claim can be paid within two weeks.” </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">He further said that in some cases, the PCR report is also likely to be fake and therefore the documents should be properly verified. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">Moreover, he said that some people are found to have taken the compensation twice. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">“Those who have been insured are trying to cheat regarding the coronavirus insurance. Therefore, it needs to be strictly regulated,” he said. </span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">The government and the Insurance Board on Tuesday had directed insurance companies to settle the claims within a week of receiving all documents. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">However, due to the practical difficulties, the insurance companies are preparing to settle the claims within two weeks. According to a source, there has been preliminary agreement between the Insurance Board and insurance companies in this regard. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">A discussion was held between Chief Executive Officers (CEO) of the Insurance Board and insurance companies on Wednesday. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">CEO of NLG Insurance Sunil Ballav Pant stated that they are making effort to complete the process within 10 to 12 days. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">“There are lots of pending applications. On top of that, the documents received should be verified,” he said, adding, “So it is practically difficult to pay the claim in time. However, the processes are being done so that the claim can be paid within two weeks.” </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">He further said that in some cases, the PCR report is also likely to be fake and therefore the documents should be properly verified. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">Moreover, he said that some people are found to have taken the compensation twice. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt"><span style="font-family:"Times New Roman"">“Those who have been insured are trying to cheat regarding the coronavirus insurance. Therefore, it needs to be strictly regulated,” he said. </span></span></span></span></p>
<p> </p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
