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Special revival camps for LIC policies which have lapsed

Posted on: 03/Sep/2015 11:26:12 AM - No. of views : (4369)
Zonal Manager T Sitharthan while speaking on the 59th anniversary at their The Southern Zone of Life Insurance Corporation (LIC) headquarters on Anna Salai said that From September 1 to October 31, LIC has also set up special revival camps for those whose policies have lapsed. Policies whose date of lapse is less than 5 years can be renewed at these camps.

Two of those as indicated by T Sitharthan were LIC�s Jeevan Tarun and New Endowment Plus. LIC continues to be the market leader despite the entry of private insurers for over a decade now with a market share of 69.21 percent in premium income and 77.85 percent in the number of policies.