Mumbai: The Life Insurance Corporation (LIC) from India has launched a disturbed policy revival campaign.
This allows customers to revive their policies with concessions in payment of delay costs.
According to officials, this corporation for the first time extended the campaign for micro insurance policies and additional health insurance for conventional products.
The revival campaign, which began on August 23 and will continue until October 22 aims to provide opportunities for those who have not been able to pay their premiums arising from an emergency for five years, including during a pandemic.
The concession is in the range of 20-30% and subject to the close of Rs 3,000.
Concessions are not available for guaranteed time period and high-risk plans.
On Wednesday, Chairman of Corporation M R Kumar also launched the mobile application of Ananda (Atma Nirbhar Agents New Business Digital).
This application allows agents for onboard customers by completing your knowledge process without paper using Aadhaar.
LIC cutting costs for the revival of lapsed policies
