If paying your LIC premiums by directly visiting the branch has become a problem for you, you can take the online route now. The Life Insurance Corporation of India (LIC) has made a few online options available to its policyholders to pay premiums.
You can do so by either visiting the LIC website or by downloading LIC India’s app.
Here’s how you can make premium payments online via these different modes:
Through LIC’s website
To pay premiums through the insurer’s website, visit www.licindia.in and click on ‘Pay Premium online’ from the ‘Online Services portal’. Here you will get two options: a) Pay Direct (Without login) and b) Through customer portal.
Pay Direct (Without login)
This is an option for those who do not want to register with the portal. Through this option, you can make three types of payments – a) Premium payment/revival, b) Loan repayment and c) Loan interest repayment.
Step 1: Select the ‘Premium Payment’ option for making a payment
Step 2: A pop-up will appear on your computer screen illustrating the premium payment process, click on ‘proceed’.
Step 3: You will be required to enter details such as policy number, instalment premium (excluding taxes) and so on. While entering the details, ensure that you have mentioned it correctly and timely or else session will expire and you will have to start the process all over again.
Step 4: Enter the captcha code, and select ‘I Agree’, and click on submit.
Step 5: Validate the details mentioned by you in the above step and click on ‘Submit’. If you have more than one LIC policy for which you want to make payments, then you can enter the policy number and premium amount (excluding taxes) to the list by scrolling down. Click on proceed once done………Read More>>
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