Category Archives: LIC

4 Best LIC Policies with High Returns

LIC Policy with High Returns : Life Insurance Corporation (LIC) is one of the biggest company when we talk about insurance providers in India. The company is well known as one of the first companies to introduce insurance policies in India. In recent years, the company has introduced a wide range of insurance policies specially designed to suit the needs of customers in India. These insurance policies offer various benefits and can be bought at a low cost. There are a lot of insurance policies offered by LIC that offer high returns in the market. Before we go ahead and know about the Best LIC Policies with High Returns, let us know why should you purchase a life insurance policy.

Why should you buy a Life Insurance Policy?

Insurance is undoubtedly one of the best investments that a person can make. Insurance policies provide you and your family financial protection as well as it acts as a savings scheme. However, it is important that you choose a life insurance policy according to your needs. A life insurance policy with high return works best for a person who wants more than protection from their life insurance policy. There are different kinds of life insurance policies like endowment life insurance policy, money back life insurance policy, special life insurance policy to choose etc. You can also take the help of financial websites or advisers to compare between life insurance policies to choose the best policy that suits your need.

LIC Policies with High Returns

There are several LIC life insurance policies that offer high returns. Listed below are the LIC high return life insurance policies.

1) LIC New Endowment Plan

New Endowment plan from LIC is a participating non linked plan that provides financial protection as well as high returns. The sum assured is payable on death as death benefit and is 10 times the basic sum assured. This plan also provides other advantages through participation in profits of LIC. The policy also provides survival benefit through basic sum assured with vested benefits.

2) LIC Jeevan Anand Plan

Jeevan Anand Plan from LIC is a high return LIC policy which not only provides financial protection to your family in case of your death but also guarantees best returns on the investment made. Basic Sum Assured, vested Simple Reversionary Bonuses and Final Additional Bonus is paid as survival benefit under this LIC plan.

3) LIC Money back Plans

LIC provides two types of money back plans which ensure that you get the worth of your money. The plan allows to participate in the profits of LIC and is entitled to receive reversionary bonuses along with final addition bonus. This plan also provides optional riders.

4) LIC Jeevan Saral Plan

LIC Jeevan Saral is a non unit linked insurance plan by LIC with double death benefit of sum assured with return of premium. This plan provides high returns with a lot of other benefits. The sum assured in Jeevan Saral Plan is 250 times the payable monthly premium. The policy also has the option for partial surrender after 3 years into the policy. This is undoubtedly one of the best LIC high return policies.

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How to Check LIC Policy Status ?

Check LIC Policy Status : LIC (Life Insurance Corporation of India) is undoubtedly the most trusted and largest insurance company in India. It has a large variety of insurance products to choose from, like insurance plans, pension plans, unit-linked plans, special plans and group schemes. LIC is growing day by day, it currently has 8 zonal offices, 113 divisional offices, 2,048 branches and 992 satellite offices and corporate offices. If you have already bought a policy from LIC, you might now want to check its status. Checking LIC Status does not take more than 4-5 minutes of yours. Today, we will tell you the process to do LIC policy status check Online, Via SMS & through Phone. You can use the method which you feel is easier for you.

In this Article, you will know : 

  • How to Check LIC Policy Status Online ?
  • How to Check LIC Policy Status through SMS ?
  • How to Check LIC Policy Status through Phone ?

How to Check LIC Policy Status ?

Let us start with the procedure to check LIC Police status online.

How to Check LIC Policy Status Online ?

Before we tell you the procedure to check LIC Policy Status online, make sure that you have are already registered on LIC India Website. In order to register LIC Policy online, read our article : How to Register LIC Policy Online ? 

Once you have have registered your LIC Policy on LIC Website, you need to follow the steps given below to check LIC Policy Status through Online Procedure.

1) Visit the Official Website of LIC India (www.licindia.inand click on the link ‘LIC’s e-Services’.

LIC's e-Services

2) Click on ‘Registered User’.

Login to LIC India Website

3) Enter your Username, Password and the Answer to the Question and Click on ‘Submit’.

Login ID and Password to enter LIC India Account

4) On the left sidebar, Under Policy Tools click on ‘View Enrolled Policies’.View Enrolled Policies5) Enter the Text as shown in the Image and click on ‘Submit’.

Enter Text to Check LIC Policy Status

6) Click on your Policy No. link (as shown below).

Check LIC Policy Status Online

As soon as you click on the Policy Number, your LIC Policy Status will be displayed.

How to Check LIC Policy Status through SMS ?

LIC of India also has the facility to check LIC Policy Status through SMS. In order to check LIC status through SMS you do not need any registration. So, it is a quick process to check LIC status without registration or Login.

SMS Service is available for :

  1. LIC Individual Policy
  2. LIC Pension Policy

1) In order to enquire about LIC Individual policy through SMS, type

ASKLIC  < POLICY NUMBER >  PREMIUM/REVIVAL/BONUS/LOAN/NOM and Send to 9222492224.

  • Premium- Installment premium under policy
  • Revival – If policy is lapsed, Revival amount payable
  • Bonus – Amount of bonus Vested
  • Loan – Amount available as loan
  • NOM – Details of Nomination

2) In order to enquire about LIC Pension policy through SMS, type

LICPENSION < POLICY NUMBER > [STAT/ECDUE/ANNPD/PDTHRU/AMOUNT/CHQRET] and Send to 9222492224

  • IPP Policy Status – (STAT)
  • Existence Certificate Due – (ECDUE)
  • Last Annuity Released Date – (ANNPD)
  • Annuity Payment through – CHQ/ECS/NEFT) (PDTHRU)
  • Annuity Amount –  (AMOUNT)
  • Cheque Return Information –  (CHQRET)

How to Check LIC Policy Status through Phone Call ?

LIC of India also has the facility to check LIC Policy Status through Phone Call (IVRS). In order to check LIC status through Phone Call you do not need any registration. So, it is a quick process to check LIC status without registration or Login.

In order to check LIC Status through IVRS, dial 1251 available 24×7 in the following cities :-

Asansol Allahabad Aurangabad Bareilly Coimbatore
DharwadGorakhpur Gwalior HazaribaghJodhpur
JammuKozhikode Kota Kolhapur Meerut
Mysore NashikPatna Pondicherry Rajkot
Ranchi Salem SuratShillong Shimla
ThanjavurVadodara Varanasi

In order to make local call from any MTNL or BSNL number, dial 1251. Other than local users can access the IVRS by dialing the city STD code of the IVRS center followed by 1251. Example :- If you want to access IVRS Center of Meerut City, you need to dial 0121-1251, where 0121 is the STD Code of Meerut City.

Final Words :

All the 3 Methods to check LIC Policy Status are quite easy. However, checking LIC Policy status online does not take more than a minute. Online method to check LIC Policy status is free of cost, just that you need to have an internet connection on your mobile or computer.

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How to Register LIC Policy for Online Payment ?

Register LIC Policy for Online Payment : Founded in 1956, LIC (Life Insurance Corporation of India) is the largest insurance company in India. In 2012, LIC was rated as the 6th Most Trusted Service Brand of India by the Economic Times Brand Equity Survey. LIC offers a wide range of insurance products like insurance plans, pension plans, unit-linked plans, special plans and group schemes. Many of you reading this article may already be owning a LIC Policy. In order to register your LIC Policy online, you need to follow certain steps. Once you complete all the steps, you will have an Account on LIC India Website. You can access this account by using your credentials (User ID & Password). Today, we will guide you through the step by step procedure to register policy on LIC Website. Once your policy is registered on LIC India Website, not only you can pay LIC premium online but you can perform various other transactions through your LIC Account.

Benefits to Register LIC Policy Online :

  • Check Policy Details instantaneously.
  • Enroll for New Policies.
  • Check Group Scheme Details.
  • Calculate your LIC Premium.
  • Pay LIC Premium Online.
  • Get Premium Paid Statement.
  • Subscribe to SMS Service & a lot more.

Steps to Register LIC Policy for Online Payment

Registering on LIC India Website is a simple 4 Step Process. Before you begin with the process to register LIC policy online, make sure you have your Policy Number with you.

Let us now begin with the steps to register LIC Policy online.

1) Visit the LIC India Official Website (www.licindia.inand click on ‘LIC’s e-Services’ (as shown below).LIC's e-Services

2) Click on ‘New User’ (as shown below).

New User Registration Button in LIC India

3) Enter the LIC Policy Details and other information (As specified below) and click on ‘Proceed’.

Policy No. : Enter your LIC Policy No.

Installment Premium : Enter your Installment Premium amount without taxes.

Date of Birth : Enter your Date of Birth in DD/MM/YYYY format.

Mobile Number : Enter your Mobile Number.

Email ID : Enter your Email Address.

Put a Tick Mark on the Box which says ‘I confirm that the Mobile Number mentioned above is registered under my name and is being used by me’.

New User Registration on LIC India Website

4) Create a User ID and Password of your choice and click on ‘Submit’ button

Create User ID & Password for LIC India Portal

Congratulations !  You can use your LIC Online Account now and your LIC Policy is now registered online in this account. After completion of the registration process, the Welcome Screen looks like the image below.

LIC's Enterprise Portal - LIC Online Account

Final Words :

Though it is possible to pay LIC premium without registration also, it is still advised to create an account on LIC Portal. Once you have an account, not only you can pay your premium online but you also have access to various other services mentioned in the starting of this article. So its better you register your LIC Policy now !

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How to pay LIC Premium Online ?

Pay LIC Premium Online : Founded in 1956, LIC (Life Insurance Corporation of India) is a state-owned insurance group and investment company which has its headquarters in Mumbai. It is undoubtedly one of the most trusted insurance group in India. With wide range of insurance products like insurance plans, pension plans, unit-linked plans, special plans and group schemes. Buying insurance policy from LIC also helps an individual to save a considerable amount of income tax. Most of you who are reading this article may have already bought an LIC Policy and you may now be looking to pay LIC premium online. Today, we will to tell you the step by step process to pay online LIC premium. If you want to know ‘how to pay LIC premium online ?’,  you can it with or without registration on LIC Website. We will tell you about the both the methods in this Article.

After reading this Article, you will know : 

  • How to Pay LIC Premium Online ? (Without Registration)
  • How to Pay LIC Premium Online ? (For Registered Users)

Read Also : How to Register LIC Policy for Online Payment ?

How to pay LIC Premium Online ?

It is quite an easy task to pay Online LIC Premium, just that you need to know the correct steps. We will first start with the procedure to pay LIC Premium Online without Registration.

Steps to pay LIC Premium Online without Registration

If you have forgot your password to Sign into LIC Login Page, you have the facility to pay LIC Premium Online without registration on LIC Website.

In order to pay LIC Premium Online without Registration, you need to follow the steps given below :

1) Visit the LIC India Homepage and click on ‘Pay Premium Online’ as shown in the image below. As soon as you click on ‘Pay Premium Online, you will redirected to another page.

Pay LIC Premium Online

2) Click on ‘Pay Direct’ button on the left hand side. You do not require any registration for paying your LIC premium through this method.Pay LIC Premium Online without Registration

3) Fill the details to to pay Online LIC Premium.

Details to Pay Online LIC Premium

  • Policy Number : Enter your LIC Policy Number.
  • Instalment Premium : Enter the Amount of Premium to be paid (Excluding Taxes).
  • Date of Birth : Enter your Date of Birth in DD/MM/YYYY format.
  • Email ID : Enter your Email Address.
  • Mobile Number : Enter your Mobile Number.
  • Enter Text from the Image : Enter the Text as displayed in the Image.

Note : Please enter your valid Email Address & Mobile Number as you will be notified about the LIC premium payment. The premium payment should only be made by the policy holder only.

Click on ‘Submit’ to proceed to pay online LIC premium. You will redirected to another page as soon as you click on ‘Submit’.

4) Re-check your Policy and Payment Details and click on ‘Checkout’ (Note: You can also Add more policies for making LIC premium payment). Once you click on ‘Checkout’, you will reach another page where you need to choose the payment method.

Checkout to Pay LIC Premium Online

5) Choose the Payment Method to pay LIC Premium Online.

Choose payment method to pay LIC Premium Online

Check the Total Premium Amount and Choose the LIC premium payment method i.e (i) Internet Banking (ii) Credit/Debit Cards. Once you choose the payment method, you need to click on ‘YES’. As soon as you click on ‘YES’, you will be redirected to the Payment Gateway page.

6) Choose the Appropriate Payment Method and click on ‘Submit’. 

Once the payment goes through, you will receive the transaction receipt of LIC premium payment(In PDF fomat). You can keep this receipt as a proof of payment. You will also be intimated about the transaction through your Email ID and Mobile Number.

Important Note : If in any case the premium amount is debited from your Bank Account but an error page was displayed through LIC Website, an intimation receipt will be sent to your registered email address in 3 working days after the confirmation of the concerned bank. You can also report such an incident to bo_eps1@licindia.com.

If you are re-trying to pay the LIC Premium Online as the payment didn’t go through, it is advised to first check whether your bank account/card is already debited/charged for the transaction. If you have been charged for the same, don’t pay again as you will get the receipt for the same.

Steps to pay LIC Premium Online for Registered Users

If you want to know how to pay LIC Premium Online for registered users, here are the steps :

1) Visit the LIC India Homepage and click on ‘Pay Premium Online’. As soon as you click on ‘Pay Premium Online, you will redirected to another page.

2) Click on ‘Pay Premium through e-Services’ button on the left hand side.

Note : You need to register on LIC Portal for paying your LIC premium through this method. If you are not a registered user, click on ‘New User’ on the right hand side to register yourself first.

3) Click on ‘Registered User’ on the left hand side.

4) Login to Online Services of LIC by entering your Username and Password.

5) Once you Login to your LIC Online Services Account, Select the policies for which you want to make the payment and click on ‘Submit’ button. As soon as you click on ‘Submit’ button you will be redirected to the payment method screen.

6) Choose the Payment Method (Netbanking/Debit Card/Credit Card) and make the payment.

7) On Successful transaction, you will receive a digitally signed receipt on your email address. If the transaction did not go through, you will be informed the reason about it.

Final Words :

These are the methods to pay LIC premium online. Although both the processes to pay online LIC premium are good to use. I would suggest you to register on LIC portal and use the 2nd procedure. The advantage of paying LIC premium online after registration is that you have a separate account for you. In this account, the details of all you policies and payments will be readily available. You can access your account whenever and wherever you want.

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