What is spot revival and how it’s applicable for LIC policies?
What is spot revival and how it’s applicable for LIC policies?
LIC sometimes offer discounts for Spot Revival of Lapsed policy. Which means you can revive your lapsed policy at discounted rate and less documents. The phrase SPOT means instant [on counter]Quote:
Originally Posted by Dilip
Spot Revival of Lapsed policy without FMR/DGH? What is FMR and DGH, here?
FMR - The LIC requires, where medical examination is required, if lapse more than a year.Quote:
Originally Posted by Dilip
DGH - The LIC requires evidence of good health form (DGH) if policy is lapse more than six months.