LIC typically stands for "Life Insurance Corporation is the largest life insurance company in India and is owned by the government. It was established in 1956 and has been offering insurance to millions of people across the country for over 60 years. With a diverse array of insurance products and services, LIC is a reputable and trusted name in the Indian insurance sector. The company's headquarters is located in Mumbai.
Benefits of life insurance
- Maturity Benefit: Guaranteed payout upon policy maturity.
- Financial Protection: Provides a safety net for beneficiaries in case of the policyholder's death.
- Tax Deductions: Premiums can be tax-deductible under section 80C, reducing taxable income.
- Debt Relief: Policy proceeds can be used to pay off family debts and meet future goals.
- Family Security: Ensures financial security for your family after your passing.
- Long-Term Goals: Supports long-term objectives like retirement planning.
- Savings Accumulation: Serves as an investment to build savings for a comfortable retirement.
Who is eligible to register for the LIC Online Portal?
The LIC Online Portal is open to all customers who hold insurance policies with LIC. To register, users need to complete a form with a chosen user ID and password. After confirming their policies, users can enroll them by providing necessary details. Multiple policies can be added by submitting policy numbers and premiums. The portal provides access to policy information, premium status, loan, revival, maturity calendar, and more.
How do I log in and register at LIC Customer Portal?
- Visit the LIC website: www.licindia.in
- Click on "Log in to Customer Portal" from the "How may we help you today?" box on the left side of the page.
- You'll be redirected to the "LIC e-Services" page.
- If you're a new user, click on "Don't have an account? Sign Up."
- Enter requested details: Policy number, date of birth as mentioned in the policy document, premium amount, email ID, and mobile number.
- Click "Proceed" after entering the information.
- Choose a User ID and Password based on website terms.
- You'll receive a welcome email confirming your LIC e-Services registration.
- To log in, click again on "Log in to Customer Portal" from the "How may we help you today?" box on the left side of the page.
- Enter your User ID and Password.
- After logging in, you can access Basic Services, E-Services, and Premier Services.
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