Sanima Reliance: Renew Lapsed Policy with 100% Late Fee Discount – Limited Time Offer
2nd June 2025, Kathmandu
Sanima Reliance Life Insurance has introduced a new revival campaign. It offers a 100% waiver on late renewal fees for lapsed life insurance policies. The campaign started on Jestha 1(15 May) and will run until Jestha 25(8 June). Now, only seven days remain for policyholders to benefit from this limited-time offer.
Sanima Reliance Renew Lapsed Policy
This scheme mainly targets customers who could not pay their insurance premiums on time. It provides a second chance to reinstate their policies without any financial penalties. The company urges all eligible policyholders to act before the deadline.
Helping Customers With Lapsed Policies
Many policyholders miss renewal deadlines due to unavoidable reasons. Some face personal emergencies. Others experience financial difficulties. Recognizing these issues, Sanima Reliance Life decided to launch this revival initiative.
The offer removes one of the biggest barriers to policy renewal—late payment fees. By doing so, the company aims to bring back thousands of inactive policyholders into the insurance safety net.
One-Time Interest Waiver Allowed
The revival campaign offers a one-time waiver of interest fees during the policy term. This means the interest waiver can be used only once for each policy. Customers must use the opportunity wisely.
In normal situations, policyholders pay late fees and lose insurance coverage when policies lapse. However, under this campaign, customers do not need to pay those penalties. This makes policy revival more affordable and accessible.
Ensuring Financial Protection For Families
Life insurance plays a vital role in providing financial security. It protects not just the insured person but also their family. A policy can cover future education, daily expenses, or emergency needs in case of a tragedy.
Sanima Reliance Life wants to expand insurance coverage across the country. The company believes every Nepali should have access to insurance services. This campaign supports that vision by making it easier for lapsed policyholders to return.
How To Renew The Policy
Renewing a lapsed policy under this campaign is simple. Customers can visit any of the 169 Sanima Reliance Life branch offices nationwide. These branches are located in all provinces for customer convenience.
Moreover, digital options are also available. Policyholders can make payments through online platforms. These platforms include digital wallets, bank transfers, and mobile banking. This flexibility helps customers renew from anywhere, anytime.
Avoid Losing Coverage And Benefits
A lapsed policy means more than just an unpaid premium. When a policy lapses, the insured loses protection benefits. In emergencies, families may not receive any insurance payout. This could lead to financial hardship.
Moreover, lapsed policies attract additional charges such as late fees and interest. The cost of renewal increases with time. Therefore, the company recommends timely action. Renewing during the campaign period will avoid extra charges and restore full protection.
Campaign Encourages Insurance Culture
Sanima Reliance Life’s campaign supports Nepal’s broader goal of increasing insurance literacy and participation. A well-insured population helps build a stronger economy. It also reduces risks for families and communities.
The company’s spokesperson stated that life insurance is essential for every Nepali. They emphasized that it not only protects the individual but also secures the financial future of dependents. The revival campaign is a step toward achieving that goal.
Customer Response And Feedback
Since the launch of the campaign, Sanima Reliance Life has received a positive response. Many policyholders have already started renewing their lapsed policies. According to the company, thousands of customers have visited branches or renewed online.
Feedback from users has been encouraging. Customers appreciate the 100% fee waiver and the flexibility of online renewal. Some said this was the only reason they could afford to reactivate their coverage.
Opportunity To Regain Peace Of Mind
Policyholders who renew under this offer regain peace of mind. They know their family is protected again. They no longer need to worry about unpaid premiums or penalties. Most importantly, they avoid financial stress during unexpected events.
The company encourages all eligible customers to take advantage of this rare opportunity. Once the campaign ends on Jestha 25, the normal terms and fees will return.
Sanima Reliance Life’s Commitment
This campaign reflects Sanima Reliance Life’s commitment to its customers. The company wants to support policyholders, especially during tough times. It also aims to build trust and long-term relationships.
In addition to this campaign, the company plans more customer-focused initiatives. These will include awareness programs, financial literacy drives, and improved digital access.
Final Reminder For Policyholders
Only seven days remain before the campaign ends. Customers with expired policies should not delay. They should visit a branch or log into the company’s website or mobile platform. Renewing now will save money and restore valuable insurance coverage.
Sanima Reliance Life’s management stated that this is a win-win opportunity. The policyholder avoids extra fees, and the company strengthens its relationship with its customers. It is part of their long-term strategy to ensure more inclusive insurance in Nepal.
For more: Sanima Reliance Renew Lapsed Policy
