LIC Special announcement: Discontinued/unpaid/Expired policies can be renewed!!
Posted on: 19/Aug/2022 11:28:35 AM
Life Insurance Corporation of India (LIC), India`s premier public sector Insurance Company, is organising a special camp for redeeming expired individual; insurance cover policies from 17th August to 21st October.
Citizens with expired insurance policies except for ULIP (Unit Linked Insurance Policies) can renew their expired policies by paying the delay changes!
With this, all policies which remain unpaid from the 1st instalment of the Premium Date can be renewed with certain regulations!
Meanwhile, a 100% concession is offered to waive the total delay charges for the Micro Insurance Policies. However, there are no concessions for Medical Check-Up!
On the date of renewal of the policies, all policies under the premium paying time limit (except ULIP) can be renewed!
These Insurance Policies help to meet the economic losses in cases such as unexpected deaths, etc.
AS SUCH, PLEASE NOTE THAT THIS IS A GOLDEN OPPORTUNITY PROVIDED BY THE LIFE INSURANCE CORPORATION OF INDIA TO RENEW THE EXPIRED POLICIES AND PROVIDE A COVERAGE FOR UNEXPECTED ECONOMIC LOSSES IN THE FAMILY!!
