Kathmandu. Himalayan Life Insurance has decided to provide up to 100 percent discount on the late fee charged on the insurance policy. Prime Life Insurance, Union Life Insurance and Gurans Life Insurance have provided exemption on interest penalty on insurance policies that have been insured at different times.
According to the company, the interest and penalty levied on renewal and revitalization of the insurance policies will be waived from May 11 to June 30. According to the company, 100 percent interest penalty will be waived on the insurance policy spent for five years and up to 60 percent on the insurance policy spent above 5 years.
