Financial security is essential for the well-being of life. And to get this security in India one can blindly trust LIC (Life Insurance Company of India). But there are times when our LIC agents misguide us and thus we end up purchasing the wrong plan. However, LIC has facilitated the purchase of an online insurance policy for the convenience of its customers. So, now you can buy LIC policy online without agent.
An agent’s commission is included in your premium in an insurance policy sold through an agent. At the same time, buying insurance from the LIC website directly, you can buy LIC policy online without agent as well as without added commission of the agent.
Documents Required To Buy LIC Policy Online Without Agent:
- 1 Documents Required To Buy LIC Policy Online Without Agent:
- 2 How To Buy LIC Policy Online Without Agent?
- 3 LIC’s Jeevan Shanti
- 4 The LIC Jeevan Akshay VI
- 5 LIC’s Cancer Cover
- 6 The LIC E-Term Policy
- 7 LIC’s Pradhan Mantri Vaya Vandana Yojana
- 8 The LIC Navjeevan Insurance Policy
Check out the list of documents required to buy LIC policy online without agent.
One Passport Size Photo
Proof of Age:
Any one of the following documents will be adequate for the proof of age:
- Madhyamik Admit Card
- Pan card
- Aadhar card
- Driving license
Proof of Address:
Any one of the following documents will be adequate for the proof of address:
- Voter Id
- Ration card
- Driving license
- Xerox of Bank passbook
- Utility bills such as telephone bill / Electricity bill / gas bill / credit card bill etc.)
- Rental agreement
- Bank statement, etc.
Photo Id Proof
Any one of the following documents will be adequate for the Photo Id Proof
- Aadhar card
- Voter ID card
- Pan card
- Driving license, etc.
Proof of Income:
Any one of the following documents will be adequate for the Proof of Income
- 3 months of bank statements
- Pay slip / Salary slip
- Last 3 years of Income Tax Returns
How To Buy LIC Policy Online Without Agent?
To buy LIC policy online without agent, you will have to go through some easy and simple steps provided in this article below. You can buy LIC policy online without agent in 5 easy and simple steps. So, check out the steps to buy LIC policy online without agent:
At first, go to the official website of LIC Click Here
Go through all the policies mentioned there. And also do not forget to check the features as well as the sample illustrations provided in LIC.
- LIC’s Jeevan Shanti
- LIC Jeevan Akshay VI
- LIC’s Cancer Cover
- LIC e-Term
- LIC’s Pradhan Mantri Vaya Vandana Yojana
- LIC Navjeevan
Once you are done with going through the features and sample illustrations click on the BUY ONLINE tab (You can also get it from the above links)
Fill in the required fields and provide Documentation for the Policy Completion.
You will get a 9 digit Access Id on your email Id / Mobile Number. Proceed with that access id and then fill all the required fields
Now let’s check out the plans that you can buy LIC policy online without agent. Here are the 6 LIC plans that you can buy online without any agent’s help.
LIC’s Jeevan Shanti
The LIC’s Jeevan Shanti Insurance plan is an annuity policy. Through this policy, you can buy annuity immediately and later. There is also the option to surrender this policy. Apart from this, you can take a loan under this insurance policy of LIC. Under this, it is necessary to buy a plan of at least INR 1.5 lakh. Maximum limit is not available.
The LIC Jeevan Akshay VI
Here you will get the facility to buy Annuity immediately in the LIC’s Jeevan Akshay VI policy. An annuity can be bought by giving a lump sum of money through it. Through this, there is a whole life payment facility. There will be no surrender value and no loan facility. For this, you will have to take a policy of at least INR 1.5 lakhs.
LIC’s Cancer Cover
LIC’s cancer cover is a regular health insurance policy with premium. If the policyholder is a cancer patient then he gets an amount under this insurance. It will get the amount of money according to the different stage of cancer. Under this, you can get insurance of at least INR 10 lakh and a maximum of INR 50 lakh. Minimum premium under this policy is INR 2400.
The LIC E-Term Policy
You can also buy LIC’s e-term insurance plan online. So, in case something happens to the policyholder, the family will get the money. It requires insurance of at least INR 25 lakhs. Anyone above 18 years of age can take this policy.
LIC’s Pradhan Mantri Vaya Vandana Yojana
The Life Insurance Corporation of India (LIC) has come up with the Pradhan Mantri Vaya Vandana Yojana for people aged 60 years old. Through this, it provides a pension. So, in this insurance plan, you get a pension for 10 years. Also, there is no need for medical checkup for this policy. After 3 years, you can take a loan from this insurance plan.
Life Insurance Corporation of India (LIC) recently launched the Navjeevan Insurance Policy. This is an endowment plan. It has the option of offering a single premium and regular premium. Navjeevan Insurance plan is designed for a child of 90 days of age to up to the age of 65 years old individual. Under this plan, you can take the insurance of minimum INR 1 lakh.
So, as you can see, you can buy LIC policy online without agent but not all the insurance plans. Only a few insurance plans are available online at present which you can buy LIC policy online without agent.