{"id":295241,"date":"2026-04-15T09:55:53","date_gmt":"2026-04-15T04:10:53","guid":{"rendered":"https:\/\/insurancekhabar.com\/?p=295241"},"modified":"2026-04-15T10:00:12","modified_gmt":"2026-04-15T04:15:12","slug":"inclusive-insurance-should-be-the-next-priority-for-reducing-financial-risk-in-nepal-2","status":"publish","type":"post","link":"https:\/\/english.insurancekhabar.com\/inclusive-insurance-should-be-the-next-priority-for-reducing-financial-risk-in-nepal-2\/","title":{"rendered":"&#8216;Inclusive Insurance&#8217; should be the next priority for reducing financial risk in Nepal"},"content":{"rendered":"<p>Kathmandu. <span data-path-to-node=\"0,1\"><span class=\"citation-55\"> A study has shown that &#8216;inclusive insurance&#8217; should become the next need and priority for reducing economic risk in developing countries TAG_OPEN_span_38<\/span>TAG_CLOSE_span_39 like Nepal. Dr. <\/span><span data-path-to-node=\"0,5\">A study titled &#8220;Inclusive Insurance Policy: A Systematic Review&#8221; by Bharat Ram Dhungana has pointed out the need for collaboration between the government and private sectors to bring low-income and marginalized communities under the ambit of insurance <\/span><\/span><span data-path-to-node=\"0,7\">.<span class=\"citation-54\"><\/span><\/p>\n<div id=\"model-response-message-contentr_3fad2283528594d3\" class=\"markdown markdown-main-panel enable-updated-hr-color\" dir=\"ltr\" aria-live=\"polite\">\n<p><p id=\"p-rc_db514c9adca7af06-20\" data-path-to-node=\"1\"><span data-path-to-node=\"1,2\">According to the study, millions of people in Nepal are still not covered under the insurance cover against health problems, natural disasters and livelihood risks <\/span><\/span><span data-path-to-node=\"1,4\">}.<span class=\"citation-53\"><\/span><span data-path-to-node=\"1,6\"><span class=\"citation-52\"> Especially farmers in rural areas, informal sector workers and low-income families are out of reach of insurance <\/span><\/span><span data-path-to-node=\"1,8\">}. <\/span><span data-path-to-node=\"1,10\"><span class=\"citation-51\">The cost of falling ill or having an accident pushes them into a vicious cycle of poverty <\/span><\/span><span data-path-to-node=\"1,12\">}. <\/span><span data-path-to-node=\"1,14\"><span class=\"citation-50\">Inclusive insurance aims to provide financial protection to the poor citizens by sharing these risks collectively <\/span><\/span><span data-path-to-node=\"1,16\">}. <\/span><b data-path-to-node=\"2\" data-index-in-node=\"0\"><\/b><\/p>\n<\/p>\n<p>The study has proposed some effective models to take TAG_OPEN_p_50 insurance services to every village: <\/p>\n<\/p>\n<p>}<\/p>\n<p><p id=\"p-rc_db514c9adca7af06-21\" data-path-to-node=\"3,0,1\"><span data-path-to-node=\"3,0,1,0\"><b data-path-to-node=\"3,0,1,0\" data-index-in-node=\"0\"><span class=\"citation-49\">Microinsurance:<\/span><\/b><span class=\"citation-49\"> providing health, agriculture and animal husbandry insurance at affordable premiums through small cooperatives and microfinance institutions <\/span><\/span><span data-path-to-node=\"3,0,1,2\">}. <\/span><\/p>\n<\/p>\n<p><p id=\"p-rc_db514c9adca7af06-22\" data-path-to-node=\"3,1,1\"><span data-path-to-node=\"3,1,1,0\"><b data-path-to-node=\"3,1,1,0\" data-index-in-node=\"0\"><span class=\"citation-48\">Insurance Technology:<\/span><\/b><span class=\"citation-48\"> to simplify the process of purchasing insurance policies and paying claims through mobile app and digital <\/span><\/span><span data-path-to-node=\"3,1,1,2\">}. <\/span><\/p>\n<\/p>\n<p><p id=\"p-rc_db514c9adca7af06-23\" data-path-to-node=\"3,2,1\"><span data-path-to-node=\"3,2,1,0\"><b data-path-to-node=\"3,2,1,0\" data-index-in-node=\"0\"><span class=\"citation-47\">Social Health Insurance:<\/span><\/b><span class=\"citation-47\">} To ensure the basic health rights of the citizens by making the government-run health insurance program more effective <\/span><\/span>}<span data-path-to-node=\"3,2,1,2\">}}. <\/span><\/p>\n<\/p>\n<p><p id=\"p-rc_db514c9adca7af06-24\" data-path-to-node=\"3,3,1\"><span data-path-to-node=\"3,3,1,0\"><b data-path-to-node=\"3,3,1,0\" data-index-in-node=\"0\"><span class=\"citation-46\">Public-Private Partnership: <\/span><\/b><span class=\"citation-46\">} Expand the scope of insurance <\/span><\/span><span data-path-to-node=\"3,3,1,2\">} with government subsidies and private companies providing technical services. <\/span><\/p>\n<\/p>\n<p><p id=\"p-rc_db514c9adca7af06-25\" data-path-to-node=\"4\"><span data-path-to-node=\"4,2\">Lack of insurance literacy, high premiums and lack of trust are the main challenges in TAG_OPEN_span_14<\/span>TAG_CLOSE_span_15 Nepal.<span class=\"citation-45\"><\/span><span data-path-to-node=\"4,6\">The<span class=\"citation-44\">study suggests that to solve these problems, the government should subsidize the insurance premium to the target group and raise awareness at the local level <\/span>{<\/span><span data-path-to-node=\"4,8\">}. <\/span><span data-path-to-node=\"5,5\"><span class=\"citation-42\"> technology-friendly and locally appropriate insurance policy can provide a secure future to every citizen of Nepal <\/span><\/span><span data-path-to-node=\"5,7\">}. <\/span><\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Kathmandu. A study has shown that &#8216;inclusive insurance&#8217; should become the next need and priority for reducing economic risk in developing countries TAG_OPEN_span_38TAG_CLOSE_span_39 like Nepal. Dr. A study titled &#8220;Inclusive Insurance Policy: A Systematic Review&#8221; by Bharat Ram Dhungana has pointed out the need for collaboration between the government and private sectors to bring low-income [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":240212,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45067,45149,45159],"tags":[],"class_list":["post-295241","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner-news-en","category-important-en","category-laghu-beema-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/295241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=295241"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/295241\/revisions"}],"predecessor-version":[{"id":295242,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/295241\/revisions\/295242"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/240212"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=295241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=295241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=295241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}