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Thread: How to pay the arrears of LIC insurance policy?

  1. 08-12-2012 #1
    Arun.Kumar
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    Default How to pay the arrears of LIC insurance policy?

    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?
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  2. 08-12-2012 #2
    PolicyWala
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    Quote Originally Posted by Arun.Kumar View Post
    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).

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