Life Insurance Corporation has started a special campaign, under which it is giving an opportunity to reactivate the expired policy (LIC Policy). This special revival campaign has started from 1st September and will continue till 31st October.
Life Insurance Corporation has started a special campaign, under which it is giving an opportunity to reactivate the expired policy (LIC Policy). This step of LIC will help people to continue their risk cover. This special revival campaign has started from 1st September and will continue till 31st October. Under this campaign, the company has also posted a post on Twitter to attract customers.
To revive the lapsed policy, LIC is giving a huge discount of 30 percent on late fees to the customers. Those lapsed policies of LIC are being selected for this, whose last unpaid premium is not more than 5 years old. Apart from this, the bank will choose which policyholders to provide this benefit under certain conditions.
Regarding this, a post has also been made by LIC on social media x (earlier Twitter), in which it has been said that under the special revival campaign of LIC, customers are being given the option to revive the lapsed policy. According to the company, for more information about this, you can visit LIC branch or contact any agent. For this you can also visit LIC website http://licindia.in.
LIC’s Special Revival Campaign – An opportunity for policyholders to revive their lapsed policies.
To know more, contact your nearest LIC Branch/Agent or visit https://t.co/jbk4JUmIi9#LIC #SpecialRevivalCampaign pic.twitter.com/xHfZzyrMkD
— LIC India Forever (@LICIndiaForever) September 26, 2023
A discount of 30 percent is being given by the company on late fees. In such a situation, you will get a discount of Rs 3000 on a policy with premium up to Rs 1 lakh. Whereas if the premium of your policy is between Rs 1 lakh to Rs 3 lakh, then you will get a discount of around Rs 3500. On policies worth more than Rs 3 lakh, you will get a rebate of up to Rs 4000 in late fees. One thing to keep in mind here is that on reviving a lapsed policy, you will have to pay less fee, but you are being given a huge discount.
The insurance policy expires when its premium is not paid within the prescribed limit. To restart it, you can restart it with a late fee by providing a proof of the reason for not paying the premium and also paying the entire premium along with interest. However, it can be resumed only when the company is confident that what you have said is not wrong.
How to get LIC Policy on WhatsApp?
If you want to take LIC policy on WhatsApp, then first of all you have to write Hi in WhatsApp on 8976862090. After this you will see a form with 11 options. Whatever option you want to choose, you will have to reply its number, like to choose option 1 number you will have to reply 1.