If your SBI Life Insurance policy has lapsed, then you have a great chance to revive it. This opportunity is till 30th September. Know here in detail.
SBI Latest News: There is important news for the customers of SBI Life. According to the information given on SBI’s website, you can activate your lapse policy under the revival fair of SBI Life (LIC Life Latest News). That is, you can reap profits from your discontinued policy. Along with this, you can also get up to 100% discount on late premium payment fee. SBI Life has said that the lapsed policy will be revived for a period of 2 to 3 years. Its deadline is 30 September.
Apply like this
Under this special offer, you have a chance to reactivate your discontinued policy till 30th September. For this, you have to visit the link https://mypolicy.sbilife.co.in/Campaign/RevivalQuotation.aspx . Here you enter the policy number and mobile number. Here you will also get the option to enter the email id. But this is optional, that is, giving email information is not mandatory. After this, you will see the option of payment step again.
LIC is also giving chance
Life Insurance Corporation of India (LIC) has also given an opportunity to the customers to revive the lapsed policy. The insurance company is giving a chance to resume the policy under a special revival campaign till October 9. However, for this, the date of lapse of premium should not be more than five years. Apart from this, a late fee waiver will also be given to the policyholders of LIC.