LIC Nepal Announces Special Discount on Renewal of Lapsed Policies
Kathmandu – Life Insurance Corporation (Nepal) Limited has announced a special discount offer for policyholders seeking to renew their lapsed insurance policies. The company made the announcement through a public notice, stating that the discount will be available from Chaitra 19, 2081 to Jestha 17, 2082 (April 1 to May 31).
According to the company notice, LIC Nepal will offer a 20 percent discount on the renewal of policies that have lapsed for less than three years.
Similarly, policyholders whose policies have been inactive for more than five years will receive a 30 percent discount on renewal charges.