4 Steps to Pay LIC Premium Online

        Want to Pay LIC Premium Online? 

      Then this article might come to rescue by explaining the process of making LIC Online premium payment. As we all know that LIC India is one of the best leading Life Insurance providers with many flexible policies and features. Since all the operations were controlled by the Government, people have good faith on LIC. They have made every service online including Insurance premium payment. But still, many of their policy holders are unaware of such services like knowing LIC Policy Status, online premium payment etc. So, everyone is depending on the agents to check the current status of the policy. To promote their service we came forward with the tutorial on showing how to pay LIC Premium Online. To make LIC premium payment, policy holders no need to look around for the agent and no need to hump at Life Insurance Corporation office. To save your time, it is recommended to go through their official LIC website for paying LIC Premium. Here are the few steps to pay LIC premium online.

Note: Don’t pay bulk policies within single account. Create separate login details for each policy and it is highly recommended by LIC. It won’t allow you to create multiple profiles if the DOB (Date of Birth) doesn't match with existing records.

How to Pay LIC Premium Online?

Creation of Account: To make premium LIC payment, you need to have separate username and password which can be created by going through http://www.licindia.in/NewUserRegistration.htm

Policy Enrolling: After the successful creation of LIC India account, one need to enter their policy details to retrieve the available accounts. To do that, navigate through “Enroll Polices” tab and add your policy number followed by premium amount.

To view the details of Policy: Soon after the policy enrolment, system will fetch all the details related to that particular account. It contains all necessary information like start date, sum assured, current plan, terms of policy, address, LIC premium, due of next premium, accrued bonus, agent and the branch.

LIC Online Premium Payment: All the mandatory steps are completed now. Once you checked all the details about the policy, hit “Pay Premium Online” button. Here select the right policies which you would like to enrol. Finally click Submit button to make payment.

Take a print out of generated receipt for future reference. You can even take it later which is an advantage of paying LIC Premium online. A copy of payment receipt will be sent to registered email address.

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