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Managing All Your Life Insurance Policies of LIC Online?

Life Insurance Corporation of India (LIC) is the prominent  life insurance company in India and almost every household subscribes to it. However right from the beginning, everything from sales to policy settlement including periodical payments of premium is generally dealt on behalf of the customer by the agent only. But now the things are changing. With the developments of internet and communications, and also the internet banking facilities around, the LIC has also brought the benefits of this revolution to its customers. LIC has developed its customer friendly website where anyone with at least one LIC Policy and Email Id can register with simple data just in a few minutes and start using its services after getting the username and password.
We can do plenty of transactions both monetary and non monetary after logging in. First we need to enrol all the policies with the policy numbers. After that, one can do the following:

1.    View  all the enrolled policies both in the list form and individual policy in electronic form.

 2.    Premium Calendar where we can view all the premiums due in a year along with due dates and amounts.

3.    Loan eligibility and premium maturity details are also a few clicks away.

 4.    For the purpose of buying a new insurance plan , details of all the plans with the premium calculator  are available.

 5.    Agent/Office Locator also help in finding out them for transfer of policies among the branches.

6.    The best part of the site is the complaint registration and its reddressal. It is very prompt and helpful.

7.    The premiums can be paid online, take the print outs of the premiums paid without much hassles.

8.    You can also edit your profile and your contact details and update them with ease.

The most convenient aspect of this site is that payment of premium online through your internet banking. The payment can be made very easily and instant confirmation along with the electronic receipt will be generated and the same is also emailed to the customer.

Overall, I have found the portal very much useful and it much so for the people who have to manage multiple policies.

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