हिमालयन लाइफ इन्स्योरेन्सको व्यतित बीमालेखमा ब्याज/जरीवाना छुटHimalayan Life Insurance: Interest/Penalty Discount on Lapsed Policies

Himalayan Life Insurance Limited

(An insurer formed by the merger of former Prime Life Insurance Co. Ltd., Union Life Insurance Co. Ltd. and Gurans Life Insurance Co. Ltd.)

Notice regarding discount on late fees (interest/penalty) for lapsed insurance policies!

This company and the former Prime Life Insurance Co. Ltd., Union Life Insurance Co. Ltd. and Gurans Life Insurance Co. Ltd. hereby inform all concerned that a discount will be provided on the late fees (interest/penalty) applicable to insurance premiums for lapsed policies, which were insured on various dates by these companies, if renewed/reinstated from २०८३ Ashadh २५ to ३२, subject to the following conditions.

Serial No. Lapsed Policy Period Discount facility provided on premium interest/penalty

१. For lapsed policies of any duration ५० percent discount on interest/penalty

Conditions:

१. The discount facility provided for the reinstatement of such lapsed policies will be granted only once during the policy term.

२. If the insured and proposers wish to surrender (Surrender) the policies renewed using the company's interest/penalty discount facility within two years from the date of policy renewal, the amount equivalent to the interest/penalty discount provided at the time of policy renewal will be deducted by the company.

Since a lapsed insurance policy does not cover insurance risk, please renew your policy in time by paying the premium, take advantage of the interest and penalty discount, and ensure that the policy covers the risk as per its terms. For further information in this regard, we request you to contact any of our regional/sub-regional/branch/sub-branch offices convenient to you.