Late fee Waiver on Renewal of Lapsed Policies of Himalayan Life

Kathmandu : A discount of 25 to 100 percent is available on the late fee while renewing the expired policy of Himalayan Life Insurance.

If 3 years, 3 years to 7 or more years have passed from the date of payment of renewal insurance fee of the company’s insurance articles and the prescribed procedure for revival has to be completed, the insurance articles that have lapsed after completing the procedure for revival, from this October 10th to October 26th, if the renewal insurance fee is paid and resumed, the insurance article renewal fee will be charged for the late fee. Discount will be given.

The company has said that it will give 100 percent discount on insurance policies that have expired up to 3 years, 50 percent on insurance policies that have expired from 3 years to 7 years, and up to 25 percent on insurance policies that have expired for more than 7 years.