LIC Policy Revival in 2026: How to Bring a Lapsed Policy Back to Life

By Hari Kotian, IRDAI-Certified Insurance Advisor · 2026

Online: LIC customer portal, Policy Services, Revival Request, then pay outstanding premiums plus interest. Branch: submit the revival form and documents in person - useful when medical requirements complicate the case.

Checklist

Check policy status on the LIC portal; calculate outstanding premium plus interest; gather documents; submit online or at branch; pay the revival amount; keep the confirmation letter safe.

What revival actually costs

The revival amount is outstanding premiums plus interest, typically around 9.5% per annum on arrears. No separate penalty applies for most policies - the interest is the cost.