LIC policy not claimed within due date?

What happens if the LIC policy is not claimed within due date? Will it be cancelled?

For eg, if the due date is = 5th October and you do not claim it, and after that you get another notice to claim within 15th October. What will happen if i do not claim even after 15th October? Will i be able to get another one month time.

2 Replies to “LIC policy not claimed within due date?”

  1. I think you are talking about a policy matured. If you are the claimant, then why don’t you claim it on 5th October. To find out exactly what will happen, if you don’t claim it on 15th October, better please call LIC Customer Centre.

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