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Life Insurance Corporation of India - LIC

Updated on March 17, 2019 , 452 views

LIC of India stands for Life Insurance Corporation of India. Life insurance Corporation is the largest among the Insurance companies in India and is a state-owned insurance group. The company has its headquarters in Mumbai. The name Life Insurance Corporation has become synonymous with insurance in India. The company was founded in 1956 when Indian Parliament passed the Life Insurance of India Act. The company was a result of an amalgamation of then functional 245 private insurance companies in India. LIC schemes are of very diverse range catering to the needs of its policyholders. The company has an estimated asset value of over 15 lakh crores and with an unparalleled network of over 2000 branches and more than 13 lakhs active LIC agents.

LIC

The company has evolved over the years to become more and more customer-friendly. LIC online access, LIC app across all the major platforms are some of the major moves made by the company. The company has three separate portals LIC agent portal, LIC customer portal and LIC merchant portal to cover all the entities involved in the business. Along with its e-services, the recruitment drive - LIC AAO - is also very popular.

LIC Online Payment

LIC Online payment is the most popular method of paying the policy premium. You can pay LIC premium online through debit card, credit card and net banking. There is also an LIC app which allows you to know all your policy details, bill payment dates and your policy status all at one place. One can pay all their premiums of their policies with LIC online on its website portal and get the online receipt as well. LIC payment has been made much easier due to such facilities like online payment app and multiple branch offices in across the country.

LIC Policy

Life Insurance Corporation of India is known to consistently bring innovative and profitable policies in the market. Generally, LIC policy is considered to be a benchmark in the insurance market and is tried to be matched by other insurance companies.

Life Insurance Corporation Plans

LIC Endowment Plans

  • LIC’s New Jeevan Rakshak
  • New Jeevan Anand
  • LIC’s Jeevan Labh
  • LIC’s Jeevan Pragati
  • LIC’s Jeevan Lakshya

LIC Money Back Plans

  • New Money Back Plan - 20 Year
  • New Money Back Plan - 25 Years
  • New Bima Bachat Plan
  • LIC’s Jeevan Tarun
  • LIC’s Bima Diamond
  • New Children’s Money Back Plan

LIC Term Assurance Plans

  • LIC's Anmol Jeevan II
  • LIC's Amulya Jeevan II
  • LIC's e-Term
  • LIC's NEW TERM ASSURANCE RIDER - (UIN: 512B210V01)

LIC ULIP Plans

  • LIC's New Endowment Plus

LIC Pension Plans

  • Jeevan Akshay-VI
  • LIC’s New Jeevan Nidhi

LIC Micro Insurance Plans

  • LIC’s New Jeevan Mangal Plan
  • LIC’s Bhagya Lakshmi

LIC Group Plans

  • LIC's New Group Superannuation Cash Accumulation Plan
  • LIC's NEW ONE YEAR RENEWABLE GROUP TERM ASSURANCE PLAN I
  • LIC's NEW ONE YEAR RENEWABLE GROUP TERM ASSURANCE PLAN II
  • LIC's New Group Gratuity Cash Accumulation Plan
  • LIC's New Group Leave Encashment Plan
  • LIC's Group credit life insurance
  • LIC's Single Premium Group Insurance

LIC Social Security Schemes

  • Aam Aadmi Bima Yojana

LIC Login

LIC offers online services such as corporate portal, online premium payment services, etc. You can check your LIC policy details by logging into your account. You have to register with LIC India to access the portal. For authorised agents and officers, LIC Merchant login is available to offer branch like services to the customers.

LIC APP

LIC app is the latest addition to the high-class services offered by the company. The app offers all the information about LIC products and portal services. You can calculate your LIC policy premium, check for policy status, apply for a new LIC policy, and also get LIC branch contact information. The app is available on all three major platforms namely Android, iOS and Windows.

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LIC AAO

Every year Life Insurance Corporation of India posts its recruitment notification on its website www.licindia.in. The recruitment drive is popularly called LIC AAO (Assistant Administrative Office) recruitment. All the eligibility criteria are mentioned on its website. The company recruits for various posts for LIC AAO through an online written exam and then followed by personal interview of the eligible candidates.

LIC Agent Portal

There is an LIC agent portal designed for LIC agents to log in and get all the information they want. Also, it allows the agents to keep track of all the policies sold by them. The agent has to register to the portal and once registered, they can enter the policy details. With the help of this agent portal, they can track the policy status, next premium payment dates, maturity time etc.

LIC Customer Portal

There is a customer portal available on the company website. Customer portal helps users to track their LIC policy status and check other information such as next premium due dates. Also, LIC customer care service is very efficient in solving any queries of the policyholders. You can reach them anytime by calling the toll free number -1800-33-4433, 1800-22-4077.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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