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Lapsed - Within 6 months

LIC of India      Change Insurer
  • 1 To Renew your policy through the insurer's website, keep the following information handy
    • Policy No.
    • DOB of LA
  • 2 Once the payment is processed, the receipt can be downloaded directly from the insurer’s website
    • 3 Please click on the below link to proceed
      Visit Online
            • 1 To renew your policy at the Branch, kindly carry a cheque favouring:
              • Premium Cheque ("LIC of India Policy No. - XXXXXXXXX")
            • 2 The Insurer will provide a receipt or acknowledgement of the premium deposit
              • 3 Premium cheque can be submitted at
                Submit

                Important Things to Remember

                • If policy holder fails to pay the premium even after the expiry of grace period, the policy status will be changed to lapse or Paid- Up depending on the year in which the policyholder fails to pay the premium.
                • A lapsed policy can result in compromising on your financial goals and your family's future and happiness.
                • Base policy benefits and rider benefits are not payable for a lapsed policy.
                • All cheques to be marked as "A/c Payee".
                • Cash payments are accepted upto Rs.49,999/- only.

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