Prominent bankers, entrepreneurs, top dealers of automobile and other products, tourism specialist, industrialists, finance companies and vast experience persons in the insurance industry for more than three decades, have jointly promoted
Any risk that can be quantified can potentially be insured. Among the different types of Insurance provided by LGIC :
- Automobile insurance, known in the Nepal as motor insurance, is probably the most common form of insurance and may cover both legal liability claims against the driver and loss of or damage to the insured's vehicle itself. An auto insurance policy is required to legally operate a motor vehicle on public roads. In some jurisdictions, bodily injury compensation for automobile accident victims has been changed to a no fault system, which reduces or eliminates the ability to sue for compensation but provides automatic eligibility for benefits.