The life Insurance Corporation of India is known as one of the most trustworthy and recognized name in the field of insurance sector in India. With a wide range of worldwide insurance instrument, LIC offers an array of insurance policies to cater the requirement of the insurance seekers.
As LIC has a large customer base all over the country, many policy holder have to face difficulties while making LIC premium payment. However, keeping the suitability and comfortability of customers in mind Life Insurance Corporation of India offers online facility of premium payment which is very simple and hassle free. The online LIC premium payment is not only very easy to make but it also saves a lot of time and money.
Using the online LIC premium payment services, an individual can easily pay the premium amount, check the other vital details of the policy and also keep an eye on the policy status. Moreover, this can be done by simply registering yourself to the official website of LIC. Even if you are not registered still you can make use of these benefits.
So to help you know how to make LIC premium payment online, here we have discussed briefly about it.
How to Make LIC Premium Payment Online?
Making the premium payment of your LIC policy is very simple you can use your debit or credit card to do so. But prior preceding with the payment process the first and foremost steps includes to login to the official website of LIC. In order to register yourself to the official website of LIC you just need to follow few simple steps.
These steps include login to the official website of LIC click on the sign in button. A new page will be open. Fill all the required details like your name; address proof, e-mail ID, date of birth and policy number. Once you fill the information, you will be redirected to the new page. Finally click on the submit button and complete the registration process. In case you don’t want to register yourself to the official website of LIC then don’t worry, LIC has recently introduced a new tool to make premium payment which is known as LIC pay direct. With the help of this tool you can simply make your online LIC premium payment through debit/credit card without having to essentially complete the online process of registration.
Step by step guide to register yourself to make online LIC Premium Payment
Step 1: Visit LIC’s official website(www.licindia[dot]in. Once on the website, click on ‘LIC’s e-Services’ tab.
Step 2: Now, click on ‘New User’.
LIC new user registration
Step 3: Now, fill your Policy Number, Premium Amount, Date of Birth, etc. to complete the registration process. Once done, click on proceed.
LIC new user registration
Step 3: Now, create ‘Username’ and ‘Password’ and password of your choice to complete the LIC online registration process.
Once you are done with the whole process your registration will be successful on the LIC website. Now, you can go ahead and make online premium payments, check policy status, check loan status and do many other activities and transactions related to your LIC policies.LIC e-service initiative taken by LIC is the most convenient and hassle free process of online registration. It provides the insurance seekers with on demand service with just few clicks. Under LIC e-service the insured person can take advantage of much different functionality online, that were previously available only at branch office.
By registering in e-service portal you can be sure about the policy issued.The insured can keep a proper and continuous track of next premium dues. The policy holder can make the premium payment online in a very simple and hassle free-way. Moreover, after paying the premium the insurance holder can also download the receipt of premium payment for the declaration of investment for the income tax. To keep a track of your policy you can check the policy status online just by logging in the e-Service portal.
So with the above mentioned benefits of online LIC premium payment it has been clear that it is the easiest and the most convenient way to pay your premium on time and avail the benefits offered by the policy without any hindrances.