Good news for LIC policyholders: Special revival campaign starts from January 1st, offering a 30% discount on late fees, up to a maximum of ₹5000..
On the occasion of the New Year, the country's largest insurance company, Life Insurance Corporation of India (LIC), has given a major gift to its crores of policyholders. LIC has launched a Special Revival Campaign to revive lapsed policies. Under this campaign, LIC is offering special discounts on late fees.
LIC Revival Campaign Dates
Life Insurance Corporation of India is running a revival campaign to reinstate lapsed policies. Under this campaign, policies that have lapsed between January 1, 2026, and March 2, 2026, can be revived.
Discount in the Special Revival Campaign
In this special revival campaign by LIC, a concession is being offered on late fees for all non-linked insurance plans. Under this scheme, policyholders will get a discount of 30% or a maximum of Rs. 5000 on late fees.
Terms and Conditions of the Revival Campaign
Under this special LIC campaign, a policy can be revived within 5 years from the date of the first unpaid premium, subject to fulfilling the terms and conditions of the policy.
Policies that have lapsed during the premium payment period and whose policy term has not yet expired are eligible for revival under this campaign. However, no concessions will be given on medical/health requirements.
This campaign has been launched for the benefit of policyholders who were unable to pay their premiums on time due to any difficult circumstances. Keeping the policy active is essential to receive full insurance benefits.
It is always advisable to revive old policies and restore insurance coverage. LIC values the desire of its policyholders and their family members to stay secure. This campaign provides a great opportunity for LIC policyholders to revive their policies and ensure financial security for their loved ones.
Disclaimer: This content has been sourced and edited from Dainik Jagran. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.

