LIC is one of the largest insurance companies in India that provides a myriad of insurance plans. With a huge customer base, LIC has shown its strong presence in the insurance industry. Nowadays, while buying the policy, customers want to know about their policy’s features and benefits. What is the next date to pay the premium of his/her policy? What is the last date to pay a premium? How their policy is growing? People don’t want to visit LIC home branches for these types of inquiries but they like to check their policy status.Read more
Life Insurance Corporation of India (LIC) is called a lender of the resort, which offers a wide variety of online insurance products and services to smooth transactions and to meet the customer’s diversified requirements. Having a life insurance policy helps you to achieve long-term goals and also protects your loved ones in case of your absence.
It is important to check the status of the policy from time to time when you purchase the LIC policy. In a daily struggle and routine of lives, it is very common to miss the premium payment date and, in some cases, the grace period also goes unobserved. To avoid this, the policyholder should always keep a check on his/her life insurance policy. Previously, a policyholder had to visit the nearest LIC home branch or contact the LIC agent to know the status of the LIC policy. Now LIC has launched e-services that work with the equal efficiency and functionality that was previously available only through the LIC home branches. You can check your policy’s status with just a click. Mobile services are also offered by LIC through which customers can check the status of premium payment.
LIC has also introduced the SMS and the phone call facility for customers to track their policy status. It is quite an easy and convenient process where you are not required to login into the portal. So, if you are not registered with the LIC user portal, you can still check the policy status via call or SMS. Send SMS on 56767877 from your registered number.
Insurance regulatory authorities have made mandatory provisions for opening an e-insurance account i.e., EIA, and also instructed insurers to provide the facility for opening the same account. LIC has also started facilitating customers with e-services for purchasing a new insurance product and service. E-services also help in keeping track of all the policies in one go and you can check all the details while sitting at home. You can check accrued bonus on LIC policy online by logging into the LIC company portal via electronic mode. Here is a quick laydown of the steps to step guide:
Apart from the management of the policy and information can be easily viewed by entering the portal. Information about other facilities is also available in the LIC portal such as receipt of online premiums paid in PDF format, claim and loan status, schedule of policy, and revival quotations for the lapse cases. You can purchase new policies through the portal, and download claim and policy forms.
Follow the below-mentioned steps to check the policy schedule:
Step 1 – Login to the LIC customer portal by entering the user name and password.
Step 2 - Click on the ‘’Basic Service’ option and then click on Proceed.
Step 3- A new window will open that shows the policies list. Choose the ‘policy schedule’ tab.
Step 4 - Then click on the download option on the left panel side.
Step 5 - Now you can see the image of the policy on the screen.
LIC has launched an e-service platform that helps you checking the accrued bonus and the other details related to the policy. The online portal of LIC is a simple, easy, and new way of interacting with the insurance company. Now the customer doesn’t have to visit the LIC home branch to know the status of his/her policies. Every customer should register with the portal and add their policies and use the service to the fullest. Now you can check accrued bonus on LIC policy at one go.
LIC Online Services
LIC Investment Plans
LIC Other Plans
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
^Trad plans with a premium above 5 lakhs would be taxed as per applicable tax slabs post 31st march 2023
+Returns Since Inception of LIC Growth Fund
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