How To Revive Lapsed LIC Insurance Policy?
LIC Policy Revival Process: If premiums are not paid within the specified number of days, the insurance policy will expire.
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LIC Policy Revival Process: If premiums are not paid within the specified number of days, the insurance policy will expire.
A special revival campaign for individual lapsed insurance will run from September 1 to October 31, 2023, according to the LIC website.
You need to pay a charge which would be calculated as the difference between the old and new premium.
LIC celebrated its 67th anniversary on August 31, 2023 and announced the launch of a special campaign drive which will be effective from September 1, 2023.
LIC is undertaking a unique policy revival campaign for individual lapsed plans till March 25.