If you have been a policyholder of LIC and the insurance has lapsed or stopped, then this news is of your use. In fact, LIC is giving an opportunity to revive the lapsed or discontinued policy. Now only 7 days are left to take advantage of this opportunity.
This means that by March 25, you can get your closed or lapsed policy revived. Policyholders will also be given late fee waiver on restart. Let us tell you that this campaign was started by LIC in the month of February.
Whose discount: According to LIC, a policy with an annual premium of Rs 1 lakh will get a discount of 20 percent or a maximum of Rs 2 thousand. At the same time, if we talk about the policy with an annual premium of Rs 1 lakh to Rs 3 lakh, a discount of 25 percent or a maximum of Rs 2,500 will be given. A policy with premium above this will get a discount of 30 percent or a maximum of Rs 3,000.
From central employee to farmer, crores of people will get good news in the next few days
The campaign will cover those insurance products, which meet the policy term and meet the premium payment norms.