Prabhu Mahalaxmi Life Insurance Limited has disbursed a critical illness claim of NPR 1 million to Bhavindra Devi Gharti Magar of Shivaraj Municipality, Kapilvastu. The payout, under the company’s specialized critical illness policy, supports her treatment for a serious medical condition.
The formal handover ceremony, attended by local government officials and community leaders, highlighted the company’s commitment to transparency and policyholder support. Chief Agency Manager Aryan Khan emphasized that critical illness insurance provides timely financial relief during medical emergencies, preventing families from falling into financial hardship.
Mayor Ajay Thapa urged citizens to view insurance as a vital investment rather than an expense, while Ward Chairperson Netra Prasad Belbase highlighted its importance in managing sudden medical costs.
Bhavindra Devi Gharti Magar shared that the policy provided her mental peace and financial freedom to focus on recovery. Social activist Akram Pathan noted that such payouts prevent families from liquidating assets, thereby strengthening social and economic stability in rural areas.
Prabhu Mahalaxmi Life Insurance continues to expand its branch network and agent services, ensuring even remote communities have access to life insurance and critical illness protection. The Kapilvastu claim exemplifies the importance of timely coverage and the growing role of insurance in Nepal’s financial security.
