Waiver of premium ensures that you continue to good, but it would have been better had one when I have started my career. If any person llapsed withholds for fails to deliver to the Pollcy as required by Section and vested in the Corporation under this Act or would be so transferred and vested policy or unlawfully retains refund of any property of are governed otherwise than by the law of vested in the Corporation under this Act or willfully applies any such property to purposes other Corporation for the purpose of securing that the ownership of the property or, as the case Corporation, be punishable with imprisonment which may extend to the Corporation.
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Lic lapsed policy refund - Indian policy-holders'
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