Life Insurance Corporation (LIC) of India is the largest state-owned insurance company in India and also the country’s largest investor. The premium amount for the insurance policies purchased from LIC are paid by visiting the nearest LIC office or by taking help of LIC agents. It’s a time consuming process and most of us are fed up of standing in long queues at LIC offices for paying premium amount.
LIC Online Services Website
The worries are not any more, no need to stand in a long queue or approach an agent for paying your LIC policies. LIC of India has an online payment and also renewal facility : http://licindia.in.
To pay the policies online we have to register with LIC and login to the site using the registered username and password. Once you login, you can enter your profile information and LIC policies that are purchased on your name(register the policies that are purchased only on your name, otherwise you land in to troubles). Once registered, managing activities of like payments, loan eligibility checking, policy maturity, etc. are very easy.
For online payment of policies you can find Pay Premium Online tab which when clicked takes you to a page that lists all the policies that are due. Payments can be made using credit/debit cards and online banking systems. Almost all the Indian banks are covered as part of the online payment system.
Other services that are available through the online system of LIC are : View ULIP Policies,Premium Calendar, Calculate Loan Eligibility, Revival Quote, Policy Maturity, Address Change Requests, etc.
LIC Policy Status Enquiry Through Phone
LIC also has a helpline/customer care number ‘1251‘. You can call 1251 to know about your policy status, premium due date, Loan possibility and loan amount possible, time of maturity etc.