Kathmandu. On the occasion of its 25th anniversary, Nepal Life Insurance Company Limited (NLIC) has announced a special discount on late fee for the purpose of reviving the expired policies.

Realizing the need to ensure financial security of the insured by re-activating such derelict policies through easy renewal premium payment at a time when many policies are lapsed due to the current financial difficulties, the company has implemented a special insurance revival scheme 2082/083 with a view to provide up to 100% discount on late fees while reviving expired policies from 2083/01/07 to 2083/02/05.

This is the first time that the company has introduced such a big late fee waiver scheme for the insured on the occasion of Silver Jubilee. This opportunity brought for a period of 30 days will be fully utilized by the general insured who has expired policy to take advantage of late fee waiver.

Nepal Life Insurance requests its policyholders to utilize this opportunity to renew their policies and ensure continued safety.

Nepal Life Insurance Company Limited is one of the leading life insurance companies in the country with a market share of around 30%. Winning the trust of millions of Nepali families for the past 25 years, the company has been providing its services through a strong network of more than 69,000 agents in all 77 districts across the country. The company has consistently set an example of reliability, accessibility and excellence in insurance sector due to its high commitment to service.

Speaking on the occasion, Mr. Praveen Raman Parajuli, Chief Executive Officer of the insurance company said, “Nepal Life Insurance has given top priority to the trust of its customers since the past. Considering the fact that the expiry of the policy can be the result of various circumstances, this special discount scheme has been implemented with the objective of bringing the customer back into the ambit of insurance protection. We sincerely request all the Insured Individuals to utilize this opportunity to further secure and secure their future and that of their families. Nepal Life will always be a companion of your faith. ‘