Nepal Life Insurance Announces Special Discount Scheme on Policy Revival to Mark 25th Anniversary

Nepal Life Insurance Company Limited has introduced a special scheme offering up to 100% discount on late fees for the revival of lapsed insurance policies, marking its 25th anniversary. The initiative, part of its Silver Jubilee celebration, aims to encourage policyholders to renew inactive policies and restore financial protection amid rising economic challenges.

The revival plan will be effective from 2083/01/07 to 2083/02/05, allowing policyholders a 30-day window to reactivate their insurance coverage without paying penalty charges. The company stated that this is the first large-scale discount initiative of its kind, designed to support customers in maintaining continuous insurance protection.

As Nepal’s leading life insurer with nearly 30% market share, the company has been serving millions of families across all 77 districts through a strong network of over 69,000 agents. It reaffirmed its commitment to customer trust and financial security, encouraging policyholders to take advantage of the limited-time offer.