Shikhar Insurance Company Ltd. (SICL) is an established General Insurance Company promoted by a young team of reputed Industrial and Business Houses involved in various fields like Aviation, Banking, Manufacturing, Trading, Travel Trade, Media Houses etc.
This insurance pays duty of India / difference between market value and C.I.F. value in the case of insured goods do not reach Nepal by the reason of Theft, Pilferage and Non-delivery while the goods are in course of transit from Calcutta to Nepal. Only the goods which are imported to Nepal through land via India can be covered. The policy does not cover the loss or damage of the goods in course of transit. Insurance can be issued to all non sensitive items like watches, silk, fabrics, species, electronic goods and parts thereof etc.
Shikhar Insurance Company Ltd. started this policy from 17th November, 2004.