Kathmandu. KATHMANDU: National Life Insurance Company (NLIC) has announced a discount of up to 100% on late fee for renewal of policy. <\/p>\n
Issuing a notice today, the company has announced a discount of up to 100 percent on the revival of the insurance policy from May 15 to May 29. According to the company, there will be 50% discount on late fee for reviving the policies that have expired since March 17, 2018. <\/p>\n
Similarly, the company will provide up to 60% discount on late fee for policies expired from Chaitra 1, 2078 to Chaitra 1, 2078 and 75% discount on revival fees for insurance policies expired from Chaitra 1, 2078 to Chaitra 1, 2081. <\/p>\n
Similarly, 100% discount on late fee will be given for reviving insurance policies that have expired since Chaitra 12, 2081. <\/p>\n
In case of insurance policies expiring within 2 years from the date of revival, there will be no discount on late fee waiver, those who have already availed of late fee waiver facility will not be given re-discount for the entire term of the policy, and the insured who avails late fee waiver will have to update their KYC and EDI as per requirement. <\/p>\n
If the policies included in this scheme are surrendered within 1 year from the date of revival, the entire amount of late fee waiver facility will be deducted.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. KATHMANDU: National Life Insurance Company (NLIC) has announced a discount of up to 100% on late fee for renewal of policy. Issuing a notice today, the company has announced a discount of up to 100 percent on the revival of the insurance policy from May 15 to May 29. According to the company, there […]<\/p>\n","protected":false},"author":16,"featured_media":150848,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45152,45159],"tags":[],"class_list":["post-299237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-life-insurance-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/299237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=299237"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/299237\/revisions"}],"predecessor-version":[{"id":299238,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/299237\/revisions\/299238"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/150848"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=299237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=299237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=299237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}