Kolkata, Aug. 18 -- The Life Insurance Corporation (LIC) today launched a special revival campaign offer for lapses of individual policies, the insurance behemoth said in a statement.
The scheme, which is effective from today, ends on October 17,2025. Concession is being
offered in late fee for all Non-Linked Insurance Plans upto 30 percent of late fee upto a
maximum amount of Rs.5000 if eligible for revival under the scheme.
Under this special revival campaign, policies can be revived within 5 years from the 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 camp...