LIC's New Year Gift: Revive Lapsed Policies, Get Up to 100% Late Fee Waiver!

• LIC launches campaign to revive lapsed individual policies from January 1 to March 2, 2026.
• Offers reduced costs for reviving old 'non-linked' policies during this period.
• Up to 30% waiver on late fees for 'non-linked' plans, with a maximum of INR 5,000.
• 100% late fee waiver for 'Micro Insurance' policies held by economically weaker sections.
• Eligible policies must have lapsed during the premium payment period and not completed maturity.

Why It Matters: Revive your lapsed LIC policy by March 2, 2026, with significant late fee waivers.