How can I redeem my LIC policy online?

1. Original policy bond documents.
2. Request for surrender value payment.
3. LIC Surrender form- form 5074.
4. LIC NEFT form.
5. Bank account details.
6. Original ID proof like Aadhar card, pan card or driving license.
7. A cancelled cheque.
8. Hand-written letter to LIC stating the reason to discontinue.

What happens if I stop paying LIC premium after 3 years?

So if you have already paid 3 years' premium, not paying any future premiums will convert the policy into a paid-up policy. You won't get any money back in the year you turn it into a paid-up policy but will have to wait till the policy's original maturity.

How can I claim my LIC policy?

How can I check my LIC policy maturity amount?

To check the updates through SMS, one can type "ASKLIC" followed by the policy number and SMS it to the phone number 56767877 made available by the Corporation. "ASKLIC<Policy Number>AMOUNT." All of the queries mentioned above can be resolved by sending the SMS code to the same number, that is, 56767877.

How can I see my LIC policy details?

Which app is best for LIC?

LIC most trusted Insurance Brand of India has launched Mobile Apps for android phone. This app is called as LICMobile. This app is developed for LIC's esteemed customers and Marketing personnel.

Can I get LIC premium receipt online?

Visit the LIC website (www.licindia.in) and click on 'LIC's e-Services' under the option which says 'Online Services'. ... The receipt can then be downloaded in PDF form, and you can also print the receipt for your convenience and it can work as receipt duplicate in case you don't have access to your LIC account.

How can I check my LIC policy online without registration?

The Life Insurance Corporation of India provides an SMS number. It can be used to verify the status of a policy without having to register. You need to SMS ASKLIC<policy number>STAT to 56767877 from your registered phone number. Certain official and government procedures require proof of an individual's existence.

How can I know my LIC premium amount?

You can check details of your LIC policy including details of the LIC premium payment online, accrued bonuses, group schemes, etc. by simply logging on to the official website of LIC India with your LIC login credentials.

How can I know my LIC policy date?

# Contact your Agent

The best and easiest way is to contact your agent. Provide him your name and date of birth (as per LIC records). Using his business details or by login to agent portal, he will easily find out the policy number and can share you.

How can I get my money back from LIC policy?

What happens to LIC policy after death?

The death claim amount is payable in case of policies where premiums are paid up-to-date or where the death occurs within the days of grace. ... The following additional forms are called for if death occurs within three years from the date of risk or from date of revival/reinstatement.

Is LIC better than FD?

Fixed deposit is always a better option to invest as it is purely designed for your investment and savings related needs. ... Fixed deposits are best for both short- and medium-term investments whereas life insurance plans are designed for long term investments.

Do I get money back if I cancel my life insurance?

Do I get my money back if I cancel my life insurance policy? You don't get money back after canceling term life insurance unless you cancel during the free look period or mid-billing cycle. You may receive some money from your cash value if you cancel a whole life policy, but any gains are taxed as income.

How can I transfer my LIC policy from one branch to another online?

Simply write the mail or give a written request to your home LIC BRANCH mentioning the name of the new LIC BRANCH and your LIC POLICY will be shifted from your old LIC BRANCH to new LIC BRANCH which you demanded.

What is the due date of LIC premium?

When To Pay The Premiums

LIC usually sends premium notices one month in advance to the due month of the premium. The due months of the premium are given in front page of the Policy bond. The grace period for policies where the premium payment mode is monthly is 15 days from the due date.

How can I know my LIC policy number by SMS?

You just need to send SMS on 56677 to know status of your LIC policy. If you want to know premium of your LIC policy, you need to type 'ASKLIC PREMIUM' and send the SMS on 56677. If your policy has lapsed, you can type 'ASKLIC REVIVAL' and send it on 56677.

How can I register my mobile number in LIC?

How can I download LIC certificate?

What is the name of LIC app?

Life Insurance Corporation of India (LIC) has launched Ananda mobile app.

Is there any app of LIC of India?

LICMobile - Android Apps on Google Play. "OFFICIAL MOBILE APPLICATION FROM LIFE INSURANCE CORPORATION OF INDIA" <br>Application developed for our Esteemed Customers and Marketing Personnel.