LIC OFFERS AN EXCELLENT OPPORTUNITY FOR REVIVAL OF LAPSED POLICIES.
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LIC has come up with an attractive offer for revival of lapsed policies. A Special Revival Campaign has been launched from 01.01.2026 to 02.03.2026 for individual lapsed policies. Concession is being offered in late fee for all Non-Linked Insurance Plans upto 30% of Late fee upto a maximum amount of Rs.5000/- if eligible for Revival under the scheme. Concession for Late fee is as per table shown below : Total Receivable Premium % late fee concession Maximum Concession allowed * Up to Rs. 1,00,000 30% Rs. 3000 From 1,00,001 to 3,00,000 30% Rs. 4000 From 3,00,001 and above 30% Rs. 5000 Micro Insurance Plans 100% Full *Terms & conditions apply. Under this Special Revival Campaign, Policies can be revived within 5 years from date of the First Unpaid Premium subject to satisfying the policy terms and conditions. Policies which are in a lapsed condition during the premium paying term and not completed policy term are eligible to be revived in this campaign. There are no concessions ...