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Thread: What is spot revival and how itís applicable for LIC policies?

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    Question What is spot revival and how itís applicable for LIC policies?



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    Super Moderator PolicyWala's Avatar
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    Quote Originally Posted by Dilip View Post
    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]

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    Spot Revival of Lapsed policy without FMR/DGH? What is FMR and DGH, here?

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    Quote Originally Posted by Dilip View Post
    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.
    DGH - The LIC requires evidence of good health form (DGH) if policy is lapse more than six months.


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