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F. NO. 680 (Rev. 680) Date of Receipt (Established by the Life Insurance Corporation Act, 1956) PERSONAL STATEMENT REGARDING HEALTH Inward No. (Revival of Lapsed Policies on both Medical & Non-Medical
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How to fill out LIC revival form 720:

01
Fill in your policy details such as policy number, date of commencement, and date of cessation.
02
Provide your personal information including your name, address, and contact details.
03
Specify the reason for revival and provide any additional documents or information required.
04
Calculate and mention the revival amount by considering factors like outstanding premiums, interest, and penalties.
05
Sign and date the form to confirm the accuracy of the provided information.

Who needs LIC revival form 720:

01
Policyholders whose LIC policies have lapsed or terminated due to non-payment of premiums.
02
Individuals who want to revive their lapsed policies and continue enjoying its benefits.
03
People looking to reinstate their policies and avail any applicable bonuses or accumulated benefits.
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LIC Revival Form 720 is a document used by policyholders to revive their lapsed Life Insurance Corporation (LIC) policies, allowing them to restore their insurance coverage.
Policyholders whose LIC policies have lapsed and wish to revive them are required to file LIC Revival Form 720.
To fill out LIC Revival Form 720, provide personal details such as name, policy number, address, and contact information, along with any required details about the policy and the reason for revival.
The purpose of LIC Revival Form 720 is to initiate the process of reviving a lapsed insurance policy and to provide necessary information for the insurance company to assess the revival request.
Information that must be reported on LIC Revival Form 720 includes the policyholder's personal details, policy number, premium payment history, and a declaration regarding the health status of the policyholder.
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