Kathmandu. Citizen Life Insurance Company is going to provide interest subvention on delay fee while renewing the life insurance policy. According to the company, 100 percent discount will be provided on the late fees levied on the insurance policies issued by this company from June 1, 2082 to June 15, 2019.
100 percent interest subvention will be given on insurance policies that have lapsed up to two years, 75 percent on those who have spent two years to three years and 50 percent on those who have spent more than three years.
This discount will be available only once during the insurance period. It has been requested to contact the company’s branch sub-branches and agents for more information and bring their insurance to active status by paying the renewal fee by that period.
