LIC launches campaign to revive lapsed insurance policies..!

LIC (Life Insurance Corporation of India) is running a special campaign to revive lapsed individual non-linked insurance policies from August 18 to October 17, 2025.

During this period, policyholders can revive their policies with a concession of up to 30% on the late fee,.The revival is possible within five years of the first unpaid premium, provided the policy is still within its premium-paying term and has not completed the overall policy term.

Key Details:

Campaign Period: August 18 to October 17, 2025.

· · Eligible Policies: Individual, non-linked insurance policies that have lapsed during the premium-paying term.

· · Revival Window: Within five years of the first unpaid premium.

· · Late Fee Concession: Up to 30% on the late fee.

· · 100% Waiver: For Micro Insurance Policies, the late fee is waived completely.

· · Medical Requirements: There are no concessions on medical or health requirements for revival.

For More details, policy revive and new policy taken