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Thread: LIC - Jeevan Suraksha : Can I still revive the above policy?

  1. #1
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    Question LIC - Jeevan Suraksha : Can I still revive the above policy?

    I have LIC - Jeevan Suraksha plan since 2001, but between 2007 - 2015 due to work I was moved abroad and I could not continue to pay the above policy premium. Could you please help me with the below queries:
    1- Can I still revive the above policy?
    2- Is it possible online by paying the outstanding premium online by net banking?

    Thanks,
    Vidul



  2. #2
    PW Stalwart >take's Avatar
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    Quote Originally Posted by vidul View Post
    I have LIC - Jeevan Suraksha plan since 2001, but between 2007 - 2015 due to work I was moved abroad and I could not continue to pay the above policy premium. Could you please help me with the below queries:
    1- Can I still revive the above policy?
    Yes. See process here - How to Revive Lapsed LIC Policy?

    2- Is it possible online by paying the outstanding premium online by net banking?

    Thanks,
    Vidul
    No.

    LIC - Jeevan Suraksha Revival:
    1. Policies with Term Assurance Rider: Rules relating to the revival of the Term Assurance Rider will apply.
    2. Policy without the Term Assurance Rider: Policies can be revived at any time on payment of all arrears of premiums with interest @ 10.5% p.a. compounding half yearly. This rate of interest is likely to change from time to time.

    Source - LICIndia


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