(Mumbai) LIC Announce Relaxation for Payment of Premium
State-run insurer Life Insurance Corporation (LIC) has extended the deadline up to April 15, 2020.
“In view of prevailing extraordinary circumstances in the country on account of Covid-19, LIC will give relaxation to its policyholders in payment of premiums due on inforce policies up to April 15, 2020, wherever customers are unable to deposit online or otherwise,”
To contain the spread of the novel coronavirus, a majority of the states have asked people to maintain social distancing and avoid travel unless necessary.
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