How to revive a lapsed LIC policy from overseas?



So, I am in Canada right now and an Indian Citizen. I had an LIC in India which got lapsed. I want to know how can I get it revived while being in Canada through my parents or whatever. It can be revived as it has not been 5 years for it since it lapsed.

Thanks in advance.

Have a good day

How to revive a lapsed LIC policy from overseas?
Rate these answers

2 Replies to “How to revive a lapsed LIC policy from overseas?”

  1. There is no automatic right on your part to reinstate the policy, for the sole reason that less than 5 years have passed since the policy lapsed. You must contact the company directly and ask what amount of back payments and interest is required to reinstate the policy. They may or may not agree to reinstate and they can also ask for additional requirements, like a current health assessment by a specified medical doctor or other professional.






Leave a Reply

Your email address will not be published. Required fields are marked *