SuryaJyoti Life Insurance Announces Late Fee Discount on Policy Renewals
Kathmandu — SuryaJyoti Life Insurance Company has announced a discount on the late fee charged for the renewal of expired insurance policies.
According to the company, a 50 percent discount will be provided for the renewal of insurance policies that have not exceeded five years from the expiration date. Similarly, policies that have exceeded five years from the expiration date will receive a 35 percent discount.
The company has stated that this discount offer will remain valid until Jestha 31 (June 14).
This facility will be available only once during the insurance policy period. It will not apply to insurance policies that mature by Jestha 18, 2083 BS (June 1, 2026). Additionally, if a policy renewed under this discount offer is surrendered within one year, the discount amount will be deducted during the surrender process, the company informed.
