LIC Launches Special Revival Campaign: Big Opportunity for Lapsed Policyholders Until 2026

• LIC announces a special campaign to revive lapsed individual insurance policies due to non-payment of premiums.
• The nationwide campaign runs until March 2, 2026, offering a chance to reactivate policies.
• Eligible non-linked and micro-insurance plans can benefit, provided policy terms are met.
• Policyholders get up to 30% waiver on late fees (max INR 5,000) for non-linked plans, and 100% waiver for micro-insurance plans.
• Policies can be revived within five years of the first unpaid premium; no medical concessions.

Why It Matters: LIC's campaign offers a crucial chance to revive lapsed policies with fee waivers, ensuring continued financial security.