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POSTED BY ON May 24, 2013 2:30 pm COMMENTS (6)
i had taken jeevan anandh policy in 2006 october but i paid upto 2010 only now i wanna resume the policy again so pls tell me the procedure?
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Our article Insurance : Surrender or Make policy paid up or Continue may help you in deciding what to do with your policy!
The lapsed policy may be revived from the date of the first unpaid premium by making payment of the premiums in arrears along with interest on such terms and conditions as fixed by the Company. Revival is a fresh contract wherein the insurer can impose fresh terms and conditions. It varies from policy to policy, insurer to insurer Details for revival of LIC policy from LIC’s webpage guidelines for policy holders.
Register your Jeevan Anand policy at http://www.licindia.in/NewUserRegistration.htm
and you’ll get revival info
Dear Sivakrishna, is it 25000 Rs. in total or 25000 Rs. yly prem.? Please check with LIC office for revival quote & the interest you w’d have to pay for it & then calculate on your own, what is beneficial to you.
Thanks
Ashal
why you want to resume ? for insurance purpose or investment ? If it is for investment purpose it is waste product … for insurance purpose also you will get better term plans than this.
i already paid 25000 na if i submit also i cant get money back so i wanna continue