LIC has launched a Special Revival Campaign for lapsed insurance policies from 01 January 2026 to…
Published
LIC has launched a Special Revival Campaign for lapsed insurance policies from 01 January 2026 to 02 March 2026.
If your LIC policy has lapsed, this is a good chance to restart it and regain your insurance benefits.
Key Highlights (Simple Words):
- Late fee concession up to 30% (maximum ₹5,000 as per policy slab)
- 100% late fee concession on Micro-Insurance Plans
- Policy can be revived within 5 years from the date of first unpaid premium
- Policy must be within the premium-paying term
- No concession on medical / health requirements
Why revival is important:
- Keeps your financial protection active
- Restores full insurance benefits
- Secures your family’s future
LIC encourages all policyholders to revive their lapsed policies and stay protected.
For awareness and compliance stay tax smart. Team Vvityabazar
