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LIC launches scheme for lapsed policies
Financial Express Mumbai
|January 03, 2026
LIFE INSURANCE CORPORATION of India (LIC) on Wednesday announced an offer to revive lapsed policies, launching a Special Revival Campaign for individual policies from January 1 to March 2, 2026.
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The campaign has been launched for the benefit of policyholders who were unable to pay premiums on time due to unfavourable circumstances.
Under the campaign, policies can be revived within five years from the date of the first unpaid premium, subject to the applicable terms and conditions, the insurer said in a release.
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