ReferIndia News LIC Launches Two-Month Revival Campaign For Lapsed Policies With 30% Late Fee Waiver

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LIC Launches Two-Month Revival Campaign For Lapsed Policies With 30% Late Fee Waiver

Published on: Jan. 3, 2026, 10:31 a.m. | Source: Free Press Journal

Life Insurance Corporation of India (LIC) has launched a special two-month campaign from January 1 to March 2, 2026, for reviving lapsed individual non-linked policies. It offers up to 30% concession on late fees (max ₹5,000) and 100% waiver for micro insurance policies. Eligible lapsed policies during premium-paying term can be revived without health concessions to restore full coverage benefits.

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