LIC gives 30-days extension for premiums due in March, April

Life Insurance Corporation (LIC) on Saturday announced an extension of 30 days for payment of premium due in March and April 2020 to mitigate the hardships being faced by policyholders in the wake of COVID-19. For February premiums, where grace period was expiring after March 22, relaxation is allowed up to April 15, LIC said in a statement.

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