There is excellent news for LIC policyholders. You can now revive a LIC policy if you previously had one that has expired. You can restart your expired policy under LIC’s special revival campaign, which has just been launched. In addition to this, one also benefits from a discount when restarting the policy. Through tweets, LIC has provided information on this.
Tweeted LIC
A special resurrection effort has been launched, according to LIC’s tweet. Policyholders are given the opportunity to revive their expired insurance through this. You can get more details about this unique revitalization effort by contacting an LIC branch or agent.
You’ll receive a 30% reduction on late fees
Let us inform you that LIC has stated that consumers will receive a reduction of up to 30% on late fees. Customers who have outstanding premiums that are more than 5 years old will not be eligible for this benefit.
In late fees, you will receive a discount of Rs. 4000
Late fees are being discounted by 30% by LIC. Customers who purchase insurance with a premium up to Rs. 1 lakh will receive a discount of Rs. 3000. A discount of Rs 3500 will also be given if the premium for your insurance is between Rs 1 and Rs 3 lakh. On plans worth more than Rs 3 lakh, you will also receive a Rs 4000 late fee rebate.
Go to the official website of LIC
Visit the campaign’s official website at http://licindia.in for additional details.
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