One of the most well-known and established life insurance companies in India is the Life Insurance Corporation of India or LIC. LIC has been providing insurance products to a wide range of clients across the country since its founding in 1956. To satisfy the insurance needs of a population that is constantly expanding, the company has expanded both its operations and product offerings throughout time. The oldest insurance business in India has integrated technology into its operations to facilitate the payment of premiums by its customers. If they have access to the internet, current LIC clients can pay and manage their insurance online. As an alternative, you can easily and conveniently deposit your premiums online. So, see below the LIC’s Online Payment Method.
LIC Pay Online (for registered users on the LIC website)
Step 1: Visit LIC India’s official website, www.licindia.in, to begin using LIC pay online. Hover your cursor over the “Pay premium online” option by scrolling down.
Step 2: You will see a popup with the options “Pay Direct (Without login)” and “Through Customer Portal” after hovering over the “Pay premium online” option on the main window. Select the option “Through customer portal.”
Step 3: After choosing “Through Customer Portal,” LIC’s “Login Address” and “Password” fields appear on a new page.
Step 4: You will be required to input your registration information and the amount of the premium that is due after clicking on it.
Step 5: After submitting your data, a list of all the plans you have registered will be visible to you.
Step 6: Select the plans on this page that you want to pay premiums for, then click the Submit button to confirm your choice.
LIC Pay Online (for non-registered users on the LIC website)
Step 1: Navigate to www.licindia.in, LIC India’s main website. Hover your cursor over the “Pay premium online” option by scrolling down.
Step 2: You will see a popup with the options “Pay Direct (Without login)” and “Through Customer Portal” after hovering over the “Pay premium online” option on the main window. Navigate to “Pay direct (no login)”.
Step 3: A new webpage will now be displayed to you. On the provided page, fill in all required areas (Reference Number, Birthdate, Contact Number, Email ID). After that, press the “Submit” button.
Step 4: You will be directed to the checkout page after entering this information, where you can choose how much to pay for your premium.
Step 5: You will receive an email confirming the successful completion of your LIC online premium payments, along with an attachment containing your digital signature as verification of the transaction.