A claims-made policy responds to claims first made during the relevant policy period, subject to notification requirements and other conditions. It commonly appears in professional indemnity insurance and directors and officers insurance. A retroactive date and any extended reporting provisions can determine whether earlier acts qualify.
A Nepalese professional changing insurers should check continuity for prior work and the rules for reporting known circumstances. Buying a policy after a claim is already known will not generally solve the problem. Compare this timing structure with an occurrence policy rather than assuming the year of the original act alone decides coverage.