How can I check the status of my LIC policy?
With the login portal, you must to registered account login at ebiz.licindia.in, and after login, the option LIC Claim status provides you the details of latest Claim due under a policy, but the option has a network dependency for display of relevant information.
How can I close my LIC policy online?
Documents Required For Policy Surrender
- Original policy bond documents.
- Request for surrender value payment.
- LIC Surrender form- form 5074.
- LIC NEFT form.
- Bank account details.
- Original ID proof like Aadhar card, pan card or driving license.
- A cancelled cheque.
- Hand-written letter to LIC stating the reason to discontinue.
Can I restart my LIC policy online?
As revival of LIC insurance policy is not a prolonged process, one can easily revive the policy online in a quick, simple and hassle free-way.
How can I check my LIC policy maturity date?
You can track your LIC policy by visiting the LIC branch to get details about your policies or visit the LIC website and login to check the details. Visit www.licindia.in and click on the “Customer Portal” option in the “Online Services” tab on the home page.
Who is the owner of LIC?
Government of India
Ministry of Finance
Life Insurance Corporation/Parent organizations
Can we withdraw LIC amount before maturity?
It is the option to exit from life insurance product before maturity wherein policyholder will get the amount which is called as Surrender Value. A regular premium policy will be eligible for surrendering after the policyholder has paid the premiums continuously for 3 years.
How can I get LIC money after maturity?
Maturity Claims: The servicing Branch usually sends maturity claim intimations two months in advance. Please submit your Discharged Receipt in Form No.3825 with original policy document atleast one month before the due date so that the payment is received before the due date of maturity claim.
Is it worth to surrender LIC policy?
Surrender value is payable only after three full years premiums are paid to LIC. More over if it is a participating policy the Bonus get attached to it as per prevalent rules. Surrender of policy is not recommended since the surrender value would always be proportionately low.
How much will I get if I surrender my LIC policy after 5 years?
Moreover, if you have paid your premiums for more than four years, but less than five years, then you will receive 90% of the total maturity sum assured as a special surrender value. A 100% special surrender value is given out if the policyholder has regularly paid the premiums for five years.
Is LIC a govt job?
LIC(Life Insurance Corporation of India) conducts an exam namely LIC ADO to fill in the vacant posts for ADO in their offices. It is a government job with a healthy salary package of nearly Rs 45,000/- per month. The exam is conducted in the month of march, which is an online test.
Is it mandatory to register on LIC portal?
Registration on LIC Portal is mandatory for availing LIC’s e-Services. How do I register for e-services? a. If already registered on LIC Portal: Click on e-Services, login with your user-id and password. Register your policies for availing the e-services by filling up the form provided.
How to enrol a life insurance policy in LIC?
Remember, you may enrol policies of which you are either the Proposer or Life Assured. You are required to print the form, sign it and submit it to the nearest LIC Branch where at least one policy mentioned in the form is being serviced. The Branch will give you an acknowledgement based on your user-id.
Do you have any LIC policies in India?
If you have clicked “yes” for the question “Do you have any LIC policies?” you will be presented with an online policy enrolment form after you click the submit button for completion of Registration.
How to register for customer portal in licindia?
If you have not registered earlier for Customer Portal, click on “New user” Visit www.licindia.in, click on the tab “new User”, select your own user-id and password and provide all the necessary information. Now you are a registered Portal user.
