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Arun.Kumar
08-12-2012, 02:52 AM
Four years ago, I took a LIC insurance policy with a premium Rs. 20,000 after paying for 2 years, I went abroad and I couldn't pay the remaining for last 2 years. Now I want to pay the arrears.
1- What should I do?
2- Can my Bank do anything in this?

PolicyWala
08-12-2012, 02:08 PM
Four years ago, I took a LIC insurance policy with a premium Rs. 20,000 after paying for 2 years, I went abroad and I couldn't pay the remaining for last 2 years. Now I want to pay the arrears.
1- What should I do?

Your policy has been lapsed. You can revive it, check this - (How to revive your LIC Policy (http://www.policywala.com/content.php/430-How-to-Revive-Lapsed-LIC-Policy)).



2- Can my Bank do anything in this?
No need for any help from bank.