Excelsior Correspondent
JAMMU, Nov 16: LIC has extended the Special Revival Campaign, which was launched for its policy holders to help them revive their lapsed policies wherein special benefits and rebate on interest is being allowed.
The campaign was great success and surpassed expectations.
In view of the good response, LIC has now announced extension of this campaign upto November 30, so as to benefit maximum of its customers with lapsed policies.
This extension of campaign is a golden opportunity especially to those policyholders who have bought polices after 31.12.2013 and would now like to revive their lapsed policies.
Earlier they could revive their lapsed policies only up to a period of two years from first unpaid premium. LIC is now granting extension of this revival period upto 5 years for non linked policies and upto 3 years for linked polices.
This is a unique chance for such policyholders to revive their lapsed LIC policies at concessional rates.