Personal Accident Insurance
This Policy covers financial loss that may arise as a result of accident caused by external violent and visible means causing death or disablement by bodily injury. In the case of Comprehensive Personal Accident Insurance it covers Temporary Total Disablement and Medical Expenses up to fixed limits. Besides, the Policy is extended to cover the risk of Trekking, Mountaineering, Expeditions, Rafting, Commercial Flights, etc. However, this policy does not cover the chartered flights.
Cash in Transit Insurance
This Policy cover provides an indemnity in respect of loss of money carried by authorized messengers whilst in transit from one to another, specified in the Policy due to robbery, loss caused by the accident of vehicle and airplane. This insurance is intended for Banks, Industrial, Manufacturing and other business concern who periodically withdraw large sums of money for payments of salaries and for other day - to day transactions from banks or other sources.
Burglary & House - Breaking Insurance
This insurance is intended to cover contents of premises against loss or damage by burglary and/ or house- breaking. Here the Burglary and House- Breaking are defined as theft, involving entry to or exit from the insured premises by forcible and violent means.
Fidelity Guarantee Insurance
This insurance is intended to provide an indemnity to the employer for financial loss sustained as a result of forgery, embezzlement, and larceny or fraudulent conversion of money of the employer committed by salaried employees in the course of performance of their duties. The maximum liability under the policy will be the amount of guarantee.
Banker's Indemnity Insurance
This insurance provides an indemnity to the Bank in respect of the following risks:
a. Loss of money or securities by fire, riot and strike, burglary house breaking theft, robbery or hold-up;
b. Loss of money or securities in transit;
c. Payment on forged or raised cheques, drafts and fixed deposit receipts;
d. Dishonest Acts of employees in respect of money and securities; and
e. Dishonest Acts of employees in respect of pledged goods.
International Travelers Medi-claim Insurance
In view of the increasing need of medical insurance for Nepalese going abroad, UICL has introduced "International Medi-claim Policy" with wide coverage of personal accidents at moderate premium rate for medical emergency expenses, hospital expenses, loss of checked baggage, passport and third party liability.
The Policy could also be procured by the students going abroad for further education.
Group cum Family Hospitalization Insurance
This insurance is intended to provide benefit by way of reimbursement of expenses incurred by the insured towards hospitalization including accommodation and nursing attendance, fees for surgeons and other special service. Domiciliary/ Hospitalization. I.e. treatment normally requiring hospitalization but where proper treatment is received at home, the same is also covered by this policy. This policy is designed for requirement of hospitalization insurance for both corporate & general public.