Microinsurance
Livestock Insurance
Provided in partnership with the Deposit and Credit Guarantee Corporation. Clients taking a livestock loan pay 1.5% (up to NPR 150,000 of value) as premium, matched with a 4.5% government contribution; verified livestock death claims are settled at 90% of the loan value.
Micro-Life Insurance (Grameen Karza Beema)
Life insurance cover for the client and her husband, arranged through National Life Insurance Company and Reliable Nepal Life Insurance Limited. Premium is NPR 5.90 per NPR 1,000 insured per year; the benefit is doubled if death is due to accident.
