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LAPSED LIC POLICY
LIC Jeevan Utsav Single Premium Plan from January 12, 2025: Policy offers whole life coverage and savings; check detailsLIC new product: LIC has launched a new single premium insurance plan, Jeevan Utsav, starting January 12, 2026. Concurrently, a special cam...- Have a lapsed LIC policy? Here’s an opportunity to revive it without paying high renewal feesLIC has initiated a special policy revival campaign from August 18th to October 17th, 2025, offering policyholders a chance to revive their...
- Court ruling pronounced in keenly-watched case of MCD staffer whose policy lapsed for no fault of his ownA consumer court has ordered LIC and MCD to pay Rs 4.8 lakh, plus Rs 60,000 for compensation and litigation expenses to the family of a dec...
- Lapsed LIC policy revival campaign to end soon; how to revive LIC policy with up to Rs 4,000 concessionA special revival campaign for individual lapsed insurance will run from September 1 to October 31, 2023, according to the LIC website.
- LIC lapsed policy: Get up to Rs 4,000 concession on reviving lapsed LIC policy till this dateLIC’s qualified policies can be reinstated under this special revival campaign, subject to specified criteria and limitations, within 5 yea...
- LIC insurance policy revival campaign: How to revive lapsed LIC policyLIC celebrated its 67th anniversary on August 31, 2023 and announced the launch of a special campaign drive which will be effective from Se...
- LIC revival campaign for lapsed policiesOver the years, LIC has taken various initiatives and digital initiatives to improve pricing and create operational efficiencies, LIC said ...
- Revive lapsed LIC policy till March 24, 2023: Know how to check your premium due via WhatsAppThis campaign, which will run from February 1 to March 24, 2023, is open to policies that have expired during the premium-paying term but h...
- LIC policyholders to get late fee concession for reviving lapsed policies during this periodPolicies that have expired during the premium-paying time but have not yet completed the policy term are eligible to be revived as part of ...
- LIC IPO: 5 things policyholders looking to get discounted shares should knowThe much-anticipated IPO of LIC will open on May 4, 2022. Here are five things policyholders interested in investing in the IPO through the...
- How to revive lapsed LIC policyPolicies of certain qualified plans can be revived under the campaign within five years of the initial unpaid premium, subject to particula...
- Can an LIC policyholder with lapsed policy apply for discounted IPO shares?To be eligible for reservation under the Policyholder Reservation Portion category, the policy should have been issued on or before the dat...
- LIC launches revival campaign for lapsed policiesPolicies which are in lapsed condition during the premium paying term and not completed policy term as on the date of revival are eligible ...
- LIC allows revival of lapsed policy of over 2 yearsEarlier, all policies taken after Jan 2014 could not be revived if they remained in lapsed condition for more than 2 yrs. To extend the ben...
- Nearly 25% premium from new life policies goes wasteExtrapolating the lapse ratio to fiscal year nos indicate that premium worth over Rs 5,000 cr has lapsed for LIC.
- LIC most consumer friendly: IRDAThe corporation had fewer lapses, higher claim settlement and no penalties from the regulator.
- LIC faces music for letting policy lapse, asked to pay Rs 60kLIC and some of its officials have been pulled up by a Delhi consumer forum for "recklessly" misplacing a premium cheque, causing a policy ...
- Should you revive a lapsed policy?There are wiser ways to cope with the burden of an insurance policy that you may have bought without a thought.
- Revive lapsed LIC policy in easy instalments nowThe instalment revival scheme would be applicable on all policies within five years of the last unpaid amount. How to invest in 2010 | ULP:...
- Large lapses lead to policy tradingA whopping one crore life insurance policies with a total value of Rs 74,076 crore lapsed in 2005-06.
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