It's an important message for you if you are a subscriber of any LIC policy, and its premium payment is pending. In a major development, state-run insurance major Life Insurance Corporation of India (LIC) has extended the deadline to pay insurance premiums up to April 15 in view of the coronavirus crisis. In a statement, LIC also requested its customers to avoid visiting its offices to pay premium and stay indoors, saying policy holders can use its online services.
"In view of extraordinary circumstances prevailing in the country on account of COVID-19, LIC of India has announced relaxation to its policyholders on payment of premium due to on in-force policies up to 15th April, 2020," it said.
"In view of extraordinary circumstances prevailing in the country on account of COVID-19, LIC of India has announced relaxation to its policyholders on payment of premium due to on in-force policies up to 15th April, 2020," it said.
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