Sun Nepal Life Offers Up to 100% Interest Discount on Renewal of Lapsed Policies

Kathmandu — Sun Nepal Life Insurance Company Limited has announced an attractive interest discount scheme of up to 100 percent on the renewal of expired insurance policies.

According to a public notice issued by the company, the offer will be valid throughout the month of Ashar (mid-June to mid-July). The initiative aims to encourage policyholders to reactivate their lapsed insurance policies and continue their coverage without additional financial burden.

The company clarified that this discount facility will be available only once during the term of each insurance policy. Additionally, if a policyholder later surrenders a renewed policy that has utilized the interest discount, the discounted amount will be deducted from the surrender value.