Human-wildlife Conflict is a phenomenon where wildlife negatively impacts on human well-being or when the actions of people are detrimental to the survival of wildlife (Madden, 2004). Therefore, the project aims to investigate whether local communities are willing to set up a community-based insurance scheme so they will get reliefs for damage efficient manner. It also aims to evaluate how much premium local household will pay under hypothetical scenarios with varying level of relief for crop raid, property damage, injury, human loss and maintenance of electric fencing. Bahundangi, Shantinagar, Bhudabare, Dhaijan, Sanischare village development committees (VDCs) are the study sites.