Archive · 30 Jun 2025

LIC Policyholders: How to Revive Missed Premium Policies

LIC Policyholders: How to Revive Missed Premium Policies

If you miss an LIC premium payment, don't worry, you still have time.

There's a short grace period.

If you don't pay by then, your policy pauses.

But, you can restart it within a few years!

You can pay back what you missed, possibly with extra fees.

There are different ways to do it, like paying all at once, using a loan, or paying in parts.

Sometimes, LIC offers special deals to help you.

Just visit a branch or talk to an agent to get started.

Sources