Around 1.5 million foreign employment insurance polices sold

Around 1.5 million foreign employment insurance polices sold

KATHMANDU, APRIL 7 : In the past few months, the sale of foreign employment insurance policies has grown exponentially. This is in line with a  spike in the number of Nepali youths going for foreign employment after the gradual mitigation of the Covid-19 crisis. 

In the first nine months of the current fiscal year, the said kind of insurance policies numbering 1 million 459 thousand 3 hundred 15 were sold by insurance companies. The very figure is 71.12 percent more compared to the corresponding period last year when these companies had issued 852 thousand 8 hundred 27 foreign employment insurance policies. They made a total earning of Rs 2.27 as premium.