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Best 10 How To Revive Old Lic Policy Background

Best 10 How To Revive Old Lic Policy
Background
. It is more or less the same for other insurers as well. Visit your policy home branch with necessary id proof.

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If i don't have a lic policy then how to create an account??? It involves certain procedures and penalty for reviving. Which form to use to revive a lic policy lapsed by 2 years ?

Lic managing director vipin anand said there are circumstances when one is unable to continue paying premiums and the policy lapses and it always makes a better sense to revive an old policy rather than discontinuing it and buying a new policy to restore insurance cover.

My son, who is 34 year old has taken an endowmen lic policy in 2003 for 2lakhs and was paying an an annual premimum of rs.12,000. The carrier and the payer(policy owner) the main breach is non payment by the policy owner. Lic policies (endowment) attains surrender value only after payment of at least 3 annual premiums. Once your mobile number and email address are registered with the insurance giant.