Q. Under what conditions can a policy be revived?What is required for a policy revival to take place?

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Q. Under what conditions can a policy be revived?

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Q. When can a lapsed Non-Linked Policy be revived according to IRDAI Product Regulations?

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Q. What is one of the most significant conditions required for the revival of a lapsed policy?

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Q. When may an insurer require a medical examination or other evidence of insurability for policy revival?

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Q. What is the time frame within which a lapsed Non-Linked Policy can be revived according to IRDAI Product Regulations?

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Q. What is one of the conditions required for the revival of a lapsed policy?

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Q. When is the insurer likely to require a medical examination for policy revival?

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Q. What is the maximum time frame for reviving a lapsed Non-Linked Policy according to IRDAI Product Regulations?

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Q. Which condition is most significant for the revival of a lapsed policy?

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Q. What is the grace period for premium payment?

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Q. What does "insurability" refer to in the context of policy revival?

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Q. When can a lapsed policy be reinstated?

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Q. What is the purpose of a medical examination for policy revival?

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Q. What is the primary reason for requiring satisfactory evidence of continued insurability?

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Q. Which time frame is generally specified for completing the revival application for a lapsed policy?

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Q. What is the primary purpose of revival of lapsed policies for life insurers?

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Q. What is "surrender value" in the context of life insurance policies?

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Q. How is the surrender value calculated for life insurance policies?

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Q. What is the "Guaranteed Surrender Value" (GSV) in the context of life insurance policies?

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