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Top 10 How To Reactivate Lapsed Lic Policy Pics

Top 10 How To Reactivate Lapsed Lic Policy
Pics
. At this stage all the insurance coverage provided to the policyholder is also levied off therefore, it becomes extremely. Those who want to revive their policies would get some concession is a late fee.

LIC's Agent Portability : How to change your LIC Agent ...
LIC's Agent Portability : How to change your LIC Agent ... from i2.wp.com
For those who have an lic policy which has lapsed due to any reason, there are multiple options for reviving the same. How to check the status of lic policy through sms? Don't worry though, it's free!

In lic there are basically two type of plans either with profit plans or without profit plans.

For those who have an lic policy which has lapsed due to any reason, there are multiple options for reviving the same. Policyholders can revive the policy with the insurer directly by paying the interest charges for late payment. A life insurance policy lapses when a policy holder fails to pay his premiums even within the grace period. In case of a term life insurance policy, if you stop paying the periodic premium, the policy automatically lapses, i.e., the risk cover ceases but there is no other additional downside or cost.