Kathmandu. Sanima Reliance Life Insurance has initiated a renaissance drive with cent percent discount on late fees for renewal of past policies. This scheme has been introduced keeping in mind the customers who are unable to pay the insurance premium on time due to various reasons.

This revitalization campaign will be implemented from January 20 to December 28. According to the organization, the facility of interest waiver will be provided only once during the policy period under the revival campaign. If the policy is surrendered within 6 months after availing the interest waiver facility on the spent policy, the entire amount will be paid and surrendered.

Also, there will be no interest waiver on the policy with a maturity period of 1 year or less than 1 year. In normal circumstances, the insured will lose the cover and will have to pay additional late fee when the policy is expired.

In the renaissance campaign made public by the organization, the company has requested the company to take advantage of the opportunity by renewing the insurance policy by availing the service facility of discount on late fees. Life insurance is mandatory to bring every Nepali under the ambit of insurance and to strengthen and strengthen the financial side of the insured and the insured.

Customers can participate in this campaign from the company’s 168 branches across the country or through online payment system.