KATHMANDU, June 5 -- Insurance companies to provide a compensation of Rs 100,000 to those infected with coronavirus

After suspending it for a day, Beema Samiti - the insurance regulatory authority - has decided to instruct non-life insurance companies to resume selling corona insurance policies.

The Beema Samiti's new circular has now paved the way for non-life insurers to resume their insurance services providing coverage against the financial losses from the coronavirus infection.

Earlier on Thursday, Beema Samiti had directed all non-life insurance companies to stop issuing COVID-19 insurance policies until further notice amid worries of insurers about the potential losses they may face due to the outbreak.

However, Beema Samita de...