How To Know My LIC Policy Details?

As a customer, if you have any questions, such as “How can I check my LIC policy details online?” or “How can I check my LIC policy status without visiting the branch?”, this blog answers all of them.

What Are LIC Policy Details?

LIC policy details all the essential information associated with your LIC policy. These details record your policy's current status, benefits, and terms, and are crucial for managing the policy throughout its life cycle. They help policyholders stay informed, make timely decisions, and ensure that the policy serves its intended purpose, whether for protection, savings, or long-term financial planning.

Key LIC Policy Details You Should Know

1.  Policy Number and Identification

   Your policy number is the most important LIC policy detail. It's usually printed on your policy bond, premium receipts, or emails from LIC. If you misplace it, you can do an LIC policy number check at your nearest LIC branch or by calling the LIC customer care toll-free number.

2. Policy Status

   Your Life Insurance Corporation of India policy status tells you whether your policy is active, lapsed, paid-up, or surrendered. Checking LIC policy status helps ensure you’re covered when needed.

3. Premium Details

   Your premium details include the amount due, payment frequency, and next due date. Regular LIC premium check helps you avoid missing deadlines and keeps your policy active.

4. Bonuses and Maturity Amount

   LIC often adds bonuses to eligible policies, as per its profits, which increase your payout. Knowing your bonuses and expected maturity amount helps with financial planning. You can find these details under LIC policy details in your account.

5. Loan Option

   LIC allows policyholders to avail of the loan facility after a given period. Knowing when you are eligible for the loan can be beneficial in emergencies.

6. Nominee Information

   Your nominee ensures your family receives benefits without legal hurdles. Always check and update nominee details as part of your regular LIC policy enquiry.

How to Check Your LIC Policy Details?

There are several convenient ways to find your LIC policy details, depending on what you prefer:

1. Through LIC Customer Portal

   One of the easiest ways to manage your policy is through the LIC e-services, under the LIC Customer Portal. Here’s how to use it:

   Step 1: Register or log in at the official LIC website.

   Step 2: Add your policy number to your profile.

   Step 3: Use the dashboard to check policy status, premium due dates, bonuses, maturity amount, and more.

   Your LIC customer portal login gives you 24/7 access to all policy details from anywhere.

2. Through LIC Digital App

   If you prefer checking LIC policy details on your mobile, download the LIC Digital App from the Play Store or App Store. After logging in with your registered mobile number and OTP:

   Step 1: Go to “Policy Status” for a list of your enrolled policies.

   Step 2: Tap any policy for full details like sum assured, bonus, premium schedule, and more.

3. Through SMS Facility

   LIC offers an SMS service to check LIC policy status and other details directly from your registered mobile number. Send a message in this format:

   ASKLIC <Policy Number> STATUS

   For example: ASKLIC 123456789 STATUS

   Send it to 56767877 or 9222492224.

   This method is handy if you’re wondering how to know LIC policy status quickly without logging in.

4. Through WhatsApp

   If you have already registered your policy on the LIC customer portal, you can know your LIC policy details on WhatsApp. To get started, simply send "HI" to 8976862090. Once you do this, a menu of options will appear on your screen. These options cover a range of LIC services, including checking policy details. To proceed, choose the appropriate option from the policy services menu. Follow the prompts to view your LIC policy details quickly and securely without the need to log in or navigate through the website.

5. Through LIC Customer Care and IVRS

   If you prefer speaking to someone directly, you can call LIC customer care on their toll-free number 1800-33-4433 or your local LIC office. You can also use LIC’s IVRS system by dialling 1251 (BSNL/MTNL) or city code + 1251 from other networks. This method is useful for detailed queries about LIC policy check, premium calculations, or to update your contact information.

6. Through LIC Branch Visit

   If you wish to get face-to-face assistance, visit your nearest LIC branch with your policy document or ID proof. The staff can help with LIC policy check, online registration, premium payments, and updating nominee details.

7. Through Policybazaar

   You can also find out some of the LIC policy details by policy number only, such as your due premium amount, sum assured, bonus amounts or maturity benefits, through Policybazaar. Here are the steps: 

   Step 1: Visit the LIC premium payment online page.

   Step 2: Fill the form with the LIC policy number and DOB. Click on “Continue”.

   The process is primarily for online premium payment; however, you can also get some LIC policy details from here. 

Why Is Knowing Your LIC Policy Details Important?

Knowing your LIC policy details ensures that your policy remains active and that you or your family can access its benefits without delays. Here are the key reasons why awareness is essential:

• Avoid Policy Lapse:
  Tracking premium due dates through LIC’s online services helps prevent policy lapses, ensuring continuous coverage for you and your family.

• Financial Planning:
  Knowing your bonuses, maturity value, and loan eligibility allows for better financial decisions and more effective long-term planning.

• Peace of Mind:
  Awareness of your policy status reassures you that your family's financial protection is intact and free from unexpected issues.

• Smooth Claims Process:
  Keeping nominee details updated ensures quick and hassle-free claims. Outdated information can lead to delays or disputes.

• Emergency Funds:
  Understanding your loan eligibility lets you access funds during emergencies without affecting other investments.

• Transparency:
  Regularly checking your policy through LIC's digital tools ensures your records are accurate and builds trust in your insurance provider.

Wrapping Up

When you buy a policy from LIC check policy details regularly, as it empowers you with information and awareness. Now, any time you wonder “how to know my LIC policy details", remember, there are many easy ways to do so. Whether you use the LIC customer portal, LIC Digital App, SMS facility, LIC customer care, or go for a branch visit, you can get all the information at your convenience, making your financial future secure and stress-free.

LIC Resources

FAQs