Policy Lapsed because I could not pay premium on time

POSTED BY harjeetsinghmakhija ON October 9, 2013 1:41 pm COMMENTS (3)

I have a policy with icici prudential. Policy No. 15902442 in the name of my wife Gurpreet kaur makhija. Because of some reason i could not deposit premium due on August, 12. The policy lapsed. on 23 rd Spt, 13, a mail was received to revive policy. In mail it was mentioned to revive policy without penalty and interest.

I contacted to Rewa ( HH) branch (Madhya Pradesh),  they told me to deposit Rs.40452,. I deposit Rs.40500 on 30 Sep, 13. Recipt no. D2903569. Office person came to my office on 2 nd october, 13 your policy could not be revived because it is late to deposit. The revival scheme was up to 30 sep, 13 and I deposit on 30th at 11.58.14 AM. pls tell me what i have to do?

3 replies on this article “Policy Lapsed because I could not pay premium on time”

  1. ICICI Prudential says:

    Dear Mr. Makhija,

    We understand our representative has contacted you and resolved your concern to your satisfaction. Accordingly, a communication has been sent to your registered email address. Is there anything else we may assist you with?

    In case of any clarification, please contact us on our Customer Care number 1860 266 7766 or write to us at lifeline@iciciprulife.com.

    Regards,
    ICICI Prudential Life Insurance

  2. ICICI Prudential says:

    Dear Mr. Makhija,

    Your request has been noted down. Our representative will get in touch with you in the next 4 hours to assist you.

    Regards,
    ICICI Prudential Life Insurance

  3. ashalanshu says:

    Dear Harjeet, the policy can be revived by paying the interest if any on the revival prem. amount + medical test, if asked by your insurer. What’s the problem then?

    Thanks

    Ashal

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