METLIFE Customers to  receive OPPORTUNITY TO REINSTATE THEIR POLICIES; Waiver of late fee for lapsed policies available

MetLife Nepal has launched a Policy Reinstatement Campaign. During the campaign period which commences from September 10, the company will waive the late fee charged, based on lapsed period for overdue premium payments to its policyholders.

During this campaign period, MetLife will waive 100% of the late fee usually applied to policies  that lapsed within five years or less. For policies lapsed more than five years, MetLife will waive 50% of the late fee.

The campaign applies to the following products:

• 3 Payment Plan;
• Endowment Plan;
• Education Protection Plan;
• And the Subhabishya Beema - Aajiwan Aaya.

In addition to this, MetLife has also simplified the reinstatement procedure to provide a more seamless experience to its customers.

 “This initiative is a part of MetLife’s commitment to our customers in providing greater flexibility  and benefits to people who want to continue to protect themselves and their families,” said Vice President and General Manager, Nirmal Kajee Shrestha .

 Policyholders can contact the Customer Services Department of MetLife at 01-5547122 or 5555166 for more information.