
Policy Holders of LIC Can Restart Their Old Policy: in life, the coming ups-and-downs, accidents and dealing with your future to make safe for most people life insurance provider is. Often it has been seen that people passion in the Insure so take but not for any reason meet him don't. If you also to people in the same insurance policy the last 2 years off and then want to start so these are the news for you are the same.
Resume will be provided insurance policy (Policy Holders of LIC Can Restart Their Old Policy)
The government owned Life Insurance Corporation of India (LIC) has more than two years from the time laps operates the insurance policy the RE-START is allowed. Do it from LIC with the long connected living bears increase in the number of May Be which assess persistence as a proportion is also carried out.
LIC has said in a statement that “yet two years of much time from the laps lying insurance policy to be taken up again was not allowed, but now they turned on again, will be done..” On January 1, 2014 applied IRDA product regulation, in 2013 the first premium to accumulate from the missing two years until after the policy laps to be the provision was made. There, on January 1, 2014 after the Lee with all of the policy premium if two years is not filled in then make them again to turn on there was no provision in.
The customer would get financial security
LIC managing director Vipin Anand says that “it has been observed many times that the difficult circumstances in the no premium deposit failed to lasts, then the policy laps is. The old policy and the new policy of insurance protection instead of restoring him again to turn on more reasonable happens.”