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You can pay the premium in any of the following modes: by direct remittance from abroad through banking channels in approved manner (preferably by Indian Rupee drafts drawn in favor of insurer) or by remittances through postal channels like Foreign Money Order.
How can I pay LIC premium through Google?
How to Link LIC Policy in Google Pay
- Open Google Pay App.
- Go to Business Label.
- Click New Payment at bottom.
- Type LIC and Search.
- Select Life Insurance Corporation of India.
- Click on Get Started if not paid any bills earlier.
- Enter Policy Number.
- Provide Email ID.
Can we pay LIC premium online through credit card?
Enter Policy Details and Pay using NetBanking or Debit/Credit Cards. This facility is available for all non-ULIP policies. Now the payments can be made using VISA/Master Credit Card (Domestic Only) with some convenience charges.
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.
What happens to my LIC policy if I become NRI?
Existing policies taken while in India will continue in Indian Currency even after the life assured moves to foreign countries as NRI. Please keep the concerned servicing branch of LIC informed about your new status i.e. NRI and your new address. Please submit to them NRI questionnaire form duly filled and signed.
Can I check my LIC policy status online?
Check LIC Policy Status Online (For Registered User) Step 1: You must visit the e-Service Portal of LIC. Step 3: Once you are logged in to your Services Account of LIC, you will see various options related to the account or your policy. Now you have to click on the ‘Policy Status’ tab.
How can I see my LIC policy online?
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.
- Print the form, sign it and upload the scanned image of the form.
- Upload the scanned image of PAN Card or Aadhaar Card or Passport.
How can I pay LIC premium in USA?
Can I pay LIC premium for my wife?
Yes, in a family husband or wife any one can pay the life insurance premium and claim the tax benefits under section 80 C of income tax act. Children till the age of 23, their insurance premiums can also be paid and claimed for tax deductions.
Unable to make payment online * Policy may be in lapsed condition. You may contact any branch of LIC for revival as per rule. * Premium entered is incorrect. Premium has to be the basic premium (without any taxes) that is mentioned on the policy document.
How to register LIC policy of minor online in separate ID?
You cannot register the policy of minor online in separate ID. You have to add the details of your family members in your profile in LIC e-Services and then you can add policy of all minor children in your profile. For your spouse/adult member you have to create a separate ID.
Is there any deduction for LIC premium paid for dependent parents?
You can take exemption u/s 80D for health insurance of dependent parents. LIC premium paid for parents whether depended or not, is not eligible for deduction U/s. 80 C You can take exemption u/s 80D for health insurance of dependent parents.
What are the benefits of LIC child insurance plans?
A child policy not only allows daunting parents to secure the future of their kids financially, but also acts as a guardian if the actual parent dies. LIC Child Insurance Plans comfort the parents of their ability and capability to be a liable provider for their kids and promises a financially steady future.
Where can I pay LIC premiums online?
Breaking News : LIC premiums can now be paid at the nearest CSC centres throughout the country. Also on ALL POSSIBLE digital modes through LIC website without any service charges.