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Lapsed more than 1 year

LIC of India      Change Insurer
        • 1To get your Policy revived at the Insurer's branch, kindly carry a cheque favouring:
          • Premium Cheque ("LIC of India Policy No. - XXXXXXXXX")
          • Declaration of Good Health
          • Medicals can called by insurer subject to underwriting
          • Standard ID proof of Proposer
        • 2The Insurer will provide a confirmation for the Revival of the Policy
          • 3All documents should be self-attested and be submitted along with a Premium Cheque at
            Submit
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            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.
            • Additional requirements/medicals can be called by insurer subject to underwriting.

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