Insurance · Policy Renewal & Info Agent
LIC Insurance AI Demo
Proactive renewal reminders, instant policy information, and claims status — reducing lapse rates by 35% and operational costs by 60%.
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35%
Lapse Reduction
60%
Cost Savings
92%
Renewal Rate
10K+
Calls/Day
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Voice AI for Insurance: Automate Renewals & Reduce Lapse Rates
Proactive renewal reminders, instant policy information, and claims status — reducing lapse rates by 35% and operational costs by 60%.
1. Proactive Policy Renewal Reminders
Challenge
Millions of policies lapse due to missed renewal dates. Manual calling is expensive and inconsistent.
Voice AI Solution
AI calls policyholders 30/15/7 days before expiry, explains premium details, and processes renewal via UPI/WhatsApp payment links.
35%
Lapse Reduction
92%
Renewal Rate
60%
Cost Savings
Overall Impact
35%
Lapse Reduction
92%
Renewal Rate
60%
Cost Cut
10K+
Calls/Day