Sanima Reliance Life Launches Grace Period Renewal Campaign With Full Penalty Waiver

Sanima Reliance Life Insurance Limited has launched a special revival campaign offering a 100 percent waiver on late renewal fees for lapsed insurance policies, aiming to support customers who were unable to pay premiums on time due to various reasons.

The campaign runs from Jestha 11 to Jestha 31, 2083, during which policyholders can renew their lapsed insurance policies without paying any penalty interest. The company has stated that this facility can be used only once per policy during the campaign period.

Sanima Reliance Life has urged customers to take advantage of the offer to restore their insurance coverage, noting that lapsed policies typically result in loss of protection along with additional financial charges. Customers can participate through the company’s 168 branch offices across the country or via online payment platforms.

The company further highlighted its ongoing efforts to strengthen digital services, improve claim processing, and build long-term customer trust as part of its strategy to position itself as a leading life insurance provider in Nepal.