Insurance behemoth Life Insurance Corporation of India (LIC) on Friday announced the launch of a two-month-long campaign for the revival of individual lapsed policies.
This special drive, to be carried out from January 1 to March 2, 2026, is extended to all non-linked policies with a very attractive concession in late fee.
Concession is being offered in late fee for all non-linked insurance plans up to 30 per cent of the late fee, up to a maximum amount of Rs 5,000, if eligible for revival, LIC said in a statement.