Archive · 3 Jan 2026

LIC Launches Two-Month Revival Campaign

LIC Launches Two-Month Revival Campaign

The Life Insurance Corporation of India (LIC) has started a special campaign to help people revive their lapsed insurance policies.

This campaign runs from January 1 to March 2, 2026.

During this time, people can get up to a 30% waiver on late fees, with a maximum of Rs 5,000.

For micro insurance policies, there is a full waiver of late fees.

This campaign is for policies that have lapsed during the time when premiums were supposed to be paid.

It's a good chance for people to get their insurance back without paying the full late fees.

However, there are no changes in medical or health requirements for revival.

Sources