Kathmandu. Asian Life Insurance Company has announced up to 100 percent interest subvention on life insurance.
Issuing a notice today, the company has announced a 100 percent interest subvention on the remaining period of insurance from April 1, 2082. According to the company, the insurance policy will be rebated on the interest charged to the insured who will revive the insurance policy by June 15, 2019, if it is more than six months from the date of payment by mid-March 2081.
Similarly, it has been decided to provide 100 percent interest subvention in the revival of insurance policies for those above 10 years of age. The company has announced a 50 percent interest subvention on the renaissance policy of five years to less than 10 years.
Similarly, the company has decided to provide 25 percent interest subvention on the revival of insurance policy from two years to less than five years.
The company has said that no discount will be provided if there is less than two years of maturity left. The company has made it clear that the bat discount will not be given to the insured who has taken interest discount once.
