Revival campaign of lapsed LIC policies

HYDERABAD: The Life Insurance Corporation of India, South Central Zone, on Saturday announced a special revival campaign for lapsed policies, which will continue till February 28. A press release issued by LIC said the policies should not have lapsed for more than five years.

The revival is subject to certain conditions - maximum insured amount, age and plan. In all cases of revival irrespective of the duration of the lapse, interest will be waived to a maximum of Rs.10,000, or 20 per cent of the total interest, whichever is less.

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