Nepal Life Insurance offering customers a huge discount on late fees
Kathmandu: Under its recently launched late fee waiver scheme, Nepal Life Insurance Company is offering significant discounts on penalty charges for customers who have delayed renewing their insurance policies. The initiative is expected to provide some relief to policyholders.
Financial Savings
This scheme offers a 50% discount on late fees, allowing customers to save money. The saved amount can be utilized for other important expenses.
Policy Continuity
The scheme helps ensure the continuity of your insurance policy. By paying the renewal premium within the designated time, your policy remains active and you can continue to enjoy its benefits.
Peace of Mind
With this initiative, you won’t have to worry about your insurance policy. Knowing that your policy remains secure if you pay within the given time brings peace of mind.
Easy Renewal
Nepal Life’s plan makes policy renewal more convenient. Customers can pay either online or offline, as per their preference.
Extended Time
The company clarified that the scheme is not intended as a warning, but rather to provide customers with additional time to pay their insurance premiums. If you are unable to pay within the original deadline, you will be given some extra time.
Understanding the Value of Insurance
This scheme helps raise awareness about the importance of insurance. It protects you and your family financially.
Future Security
Offers like this are designed to secure your future. Insurance shields you from unexpected events and ensures the financial safety of your family.
Family Protection
The scheme contributes to the safety of your family. In case something happens to you, the insurance payout will support your family in meeting their financial needs.
Support During Emergencies
The scheme provides assistance during emergencies. In times of crisis, your insurance policy can offer crucial financial support.
Long-Term Planning
This late fee waiver scheme is also important for long-term planning. Insurance helps you prepare financially and plan ahead for the future.
With this, Nepal Life Insurance—one of the most capitalized life insurance companies in Nepal and a leader in many financial indicators—is offering a major concession in late fees for policyholders whose insurance premiums are overdue.
The company is running this offer from Falgun 15 to Jestha 13 (Nepali calendar) on insurance policies that have been overdue for more than 180 days.
Nepal Life has also issued a notice stating that it will provide up to 50% discount on late fees for such overdue policies.
According to the company, some conditions apply as the scheme is aimed at protecting policyholders. Nepal Life encourages its customers to participate as early as possible and make the most of this opportunity.
