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SBI Latest News: There is important news for SBI Life customers. According to the information given on the SBI website, you have a better chance of renewing your SBI Life Latest News policy. In addition, you can get a discount of up to 100% on penalties for late payment of premium. For SBI Life policy, expired policies which have not been renewed for 2 to 3 years can be renewed till September 30 under the new offer scheme.
How to apply
Under this special offer from SBI, there is a rare opportunity to renew your SBI Life policy which has expired till September 30. For this you need to go to the website https://mypolicy.sbilife.co.in/Campaign/RevivalQuotation.aspx. Here you enter the policy number and mobile number. There is also an option to enter the email id. However, you are not required to provide email ID details. After this, you will also see the option to pay.
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Opportunity offered by LIC
Life Insurance Corporation of India (LIC) also offers its customers an opportunity to renew an expired policy. The insurance company offers the opportunity to renew the expiration policy till October 9 under the special offer scheme. However, the premium expiration date should not exceed five years to avail this offer. Apart from this, LIC policyholders will also be offered a penalty fee waiver.
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