A Government of India Enterprise, under Department of Financial Services, Ministry of Finance (MoF)
Corporate Office: ‘Yogakshema,’ Jeevan Bima Marg, P.O. Box No. 19953, Mumbai – 400021
Phone: +91-22-56598000
Website: https://www.licindia.in/ Email: co_cc@licindia.com
| NAME | DESIGNATION | PHONE | |
|---|---|---|---|
| Shri R Doraiswamy | CEO & Managing Director | – | +91 22 22027060 |
Frequently Asked Questions (FAQs)
What is Life Insurance Corporation of India (LIC)?
Life Insurance Corporation of India (LIC) is India’s largest life insurance company and a Government-owned financial institution established under the Life Insurance Corporation Act, 1956. It offers life insurance, pension, savings, health, and investment-linked insurance products.
What services does LIC provide?
LIC offers:
Term insurance plans
Endowment and savings plans
Money-back policies
Whole life insurance
Pension and annuity plans
ULIP (Unit Linked Insurance Plans)
Children’s plans
Group insurance
Micro insurance
Online premium payment and policy servicing
How can I buy a LIC policy?
You can purchase a LIC policy through:
LIC branch offices
Authorized LIC agents
LIC’s official website
LIC’s digital platforms for eligible online plans.
How can I register for LIC’s online customer portal?
Visit the official LIC website, register as a new user, enroll your policy, complete KYC verification, and activate e-Services to access online policy management.
What online services are available through LIC e-Services?
Registered customers can:
Check policy status
Pay premiums online
Download premium receipts
View policy documents
Check bonus details
Track claims
Apply for eligible policy loans
Update address
Register grievances
View claim history
Can I pay LIC premiums online?
Yes. LIC accepts premium payments through:
UPI
Net Banking
Debit Cards
Credit Cards (for premium payments)
Other approved digital payment methods.
How can I check my LIC policy status?
Policyholders can log in to the LIC Customer Portal or use the LIC mobile application to view policy details, premium due dates, loan status, bonus information, and claim history.
Can I download my LIC premium payment receipt?
Yes. Registered users can download premium paid certificates and premium receipts through the LIC Customer Portal.
What happens if I miss paying a LIC premium?
If premiums are not paid within the grace period, the policy may lapse depending on its terms. Eligible policies can generally be revived by paying overdue premiums and meeting applicable conditions.
Can I revive a lapsed LIC policy?
Yes. LIC allows revival of eligible lapsed policies within the prescribed revival period by fulfilling the required conditions and paying outstanding premiums with applicable interest.
How can I file a death claim with LIC?
The nominee or legal heir should inform the servicing LIC branch and submit the required documents, including the claim form, original policy document, death certificate, and other documents as applicable.
Can I update my address or PAN details online?
Yes. Eligible policyholders can submit requests for address updates, PAN registration, and certain other service requests through LIC’s online portal.
Is LIC owned by the Government of India?
Yes. LIC is a Government-owned life insurance company. While it is listed on the stock exchanges, the Government of India remains the majority shareholder.
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