Sipradi Trading’s cashless insurance

KATHMANDU: An agreement of cashless insurance has been signed between Sipradi Trading, the sole distributor of Tata Motors for Nepal, and Shikhar Insurance Company.

In an event organised at Shikhar Insurance’s head office, the agreement was signed between Rajan Babu Shrestha, CEO of Sipradi Trading and Deep Prasad Pandey, CEO of Shikhar Insurance.

This cashless insurance is the first of its kind in Nepal. Through this arrangement, customers of Tata vehicles can directly head to any of Sipradi’s service centres for vehicle maintenance or insurance claim, in case their vehicle meets with an accident.

Both companies claim that such arrangements will prove beneficial in providing fast, easily accessible and hassle-free services to their customers.

Sipradi also plans to collaborate with other insurance firms in the near future with a motive to provide this service to more customers.