LIC Offers Big Relief: Revive Lapsed Policies with Concessions!

• LIC launches special campaign to revive lapsed individual insurance policies from Jan 1 to Mar 2, 2026.
• Offers up to 30% concession on late fees for non-linked plans (max ₹5,000) and 100% for micro insurance plans.
• Policies eligible for revival within five years from the first unpaid premium date, subject to terms and conditions.
• Campaign aims to restore insurance protection for policyholders who missed payments due to adverse circumstances.
• No concessions on medical or health-related requirements for revival.

Why It Matters: LIC's campaign offers a crucial chance for policyholders to restore lapsed policies with significant fee concessions.