REVIVAL OF POLICIES LETTER ADDRESSED TO ED MARKETING.

LIAFI-SG/ED(Mktg)-060/15                                                                    6 July 2015

Shri. Vinay Sah, E.D. (Mktg)

Agency Section, III Floor

Central Office, “Yogakshema”,

L.I. C. of India, Jeevan Beema Marg,

MUMBAI-400 021

Dear Sir,

Sub: Application of N.B. Rules for Revival of Policies-Reg

The Branches are completing proposals up to Rs. 10 lakhs in case of New Business, where as the PS Department is insisting for TPA Reports for all the revivals above Rs. 2 lakhs sum assured. We requested to apply the same NB Rules for revival also in the meeting held on 25-07-2014 with your predecessor.

We feel the present revival procedure is hampering the interest of continuation of policies. We request you to initiate steps to bring the revival procedure on par with NB completion procedure.    

Thanking you,

Sincerely yours,

For Life insurance Agents’ Federation of India

Secretary General