Kathmandu. The government has announced to increase the amount of third party insured.
The government has included the issue of increasing the third party insurance amount in the budget for the coming fiscal year. Now the government has announced that it will be increased to Rs 10 lakh. Currently, the third party sum assured is Rs 5 lakh.
According to the budget, the amount of third party insurance is going to be increased, which has not been increased for a long time.
Similarly, the government is also making arrangements to install accident devices in the vehicles to reduce road accidents.
Similarly, insurance for accidents, fatal diseases, transportation and other diseases will be made mandatory.
