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Thread: Where should I pay the premia for my Lapsed policies?

  1. #1
    PolicyWala NewBie
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    Default Where should I pay the premia for my Lapsed policies?

    I have LIC - endowment policy. I had lost my job last year, so I would not be able to pay my premium on time and the policy got lapsed. Now I again want reinstate the above policy.
    - Where should I pay the premia for my Lapsed policies ?

    - Can I reinstate it online?



  2. #2
    PolicyWala Fan
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    Tarun - You need to visit your branch with the policy document and application for reinstatement. In LIC, they have reinstatement section go there and pay the premium with the application of reinstatement. Online reinstatement is not possible.
    Anything dropped on the floor will roll over to the most inaccessible corner.

  3. #3
    Super Moderator PolicyWala's Avatar
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    Quote Originally Posted by TarunVir View Post
    I have LIC - endowment policy. I had lost my job last year, so I would not be able to pay my premium on time and the policy got lapsed. Now I again want reinstate the above policy.
    - Where should I pay the premia for my Lapsed policies ?
    - Can I reinstate it online?
    For all lapsed policies, please visit the branch from where you have bought the policy. If you don't have access to that branch than call the customer care of LIC and ask them.

  4. #4
    PolicyWala NewBie
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    Thanks a lot guys!


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