LIC Offers Window to Revive Lapsed Policies — Proposes up to 30% Late Fee Concession
Policyholders looking to take advantage of this window can contact their LIC branch or agent, as the campaign is to ends on March 2, 2026
Life Insurance Corporation of India (LIC) has announced the launch of a special two-month revival campaign aimed at helping policyholders restore lapsed life insurance policies and renew their insurance cover. The initiative runs from January 1 to March 2, 2026 and is part of LIC’s ongoing efforts to enhance financial protection for its customers.
The press release issued to this effect is given below for the benefit of the viewers of www.indianpsu.com
The LIC has emphasised that reviving lapsed policies ensures continuity of insurance cover and enables policyholders to avail full benefits, including risk cover, maturity benefits and bonuses as per the terms of the plan.
Policyholders looking to take advantage of this window are advised to contact their LIC branch or agent at the earliest, as the campaign is time-bound and ends on March 2, 2026.
