Life Insurance Policy: If you even have LIC coverage, then there may be necessary information for you. Public sector insurance coverage firm Life Insurance Corporation of India (LIC) stated that in case your coverage has additionally lapsed, then now you can begin your coverage once more. For this the corporate has began a marketing campaign.

Can be began until 25 March
LIC has given details about this in a press launch on Saturday. LIC stated that you may revive the coverage which has lapsed throughout the premium paying interval between 7 February 2022 to 25 March 2022.

Activate coverage once more
“The COVID-19 pandemic has emphasized the need for insurance cover and this campaign is a good opportunity for LIC policyholders to reactivate their policies,” the insurance coverage firm stated.

Fee exemption can even be out there
LIC stated that the fees on reactivation of a lapsed coverage are additionally being waived. However, this exemption won’t be out there on time period plans and excessive threat insurance coverage.

Start the coverage which lapsed 5 years in the past
Apart from this, no aid can be given within the medical report required for reactivation of the coverage. But in well being and micro insurance coverage, the fees on late premium fee can be waived. A coverage that has not paid premium for 5 years will also be activated underneath this marketing campaign.

Read additionally:
Apart from farmers, the government also gives 6000 rupees to women, you get money in 3 installments, you should also register

LPG Cylinder: Gas cylinder available for just Rs 634, book quickly today