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How to Revive Lapsed LIC Policy 2026

LIC Revival - lapsed policy revive. 5-year window. Late fee + health declaration. Online available.

📁 Insurance ⏱️ 45-90 mins 💰 Late Fee

About This Guide

LIC policy revival for lapsed policies (premiums unpaid > 6-12 months). 5-year revival window from lapse date. Online via LIC portal OR branch. Late fee + back premiums + health declaration. May require medical exam for high sum assured. Loans, surrender, claims unavailable till revival.

Eligibility Criteria

LIC policy holder
Policy lapsed (premiums missed)
Within 5 years of lapse
Aadhaar mandatory
Insurable interest still

Documents Required

Keep these documents ready before starting application. Missing documents = delayed approval.

Aadhaar
PAN
LIC Policy Document
Recent payment receipts
Bank account
Health declaration form
Medical reports (if asked)
Photo
Form for Revival

Step-by-Step Application Process

Follow these steps in order. Each step is critical - skip none.

licindia.in.

Or Visit Branch

Original branch typically.

Apply Revival

Form for Revival.

Health Declaration

Honest disclosure.

Calculation of Dues

Back premiums + late fees + interest.

Pay Total

Lump sum.

Medical Exam

If high sum or > 2 years lapse.

Approval

30-60 days.

Policy Revived

All benefits restored.

Bonus Restored

Per terms.

Loan Eligibility

Restored.

Key Benefits

5-year revival window
Online + offline
Health declaration
Back premiums payable
Bonus restored
Loan/Surrender restored
Death benefit valid
Affordable revival

What Happens After Application?

30-60 days.

Frequently Asked Questions

5+ years lapse?

Generally not revivable. New policy may be needed. Some special LIC schemes for super-senior may differ.