Reliance Life Insurance to wave off 100% of late charges to its customers who failed to settle insurance premium; aims to give much-needed respite amid financial and COVID crises

Thu, Nov 19, 2020 8:12 AM on Latest, Corporate,

Reliance Life Insurance has decided to wave off 100% late charge to those customers who have so far missed the payment deadline of their insurance premium but settle the same within the end of Mangsir, 2077.

In its media statement, the life insurance company has mentioned that it has come up with such a scheme to compensate to its customers who are hit hard by the financial crises brought by the COVID pandemic.