You can avail all the LIC policy details simply by sending an SMS to 56767877. All the policies in life are dependent on advance annual premium payments.

What is LIC Money Plus?

As mentioned earlier, LIC’s Money Plus Plan is a unit-linked insurance plan which offers non-guaranteed market-linked returns. The premiums paid, net of allocation charge, are invested in selected funds. These funds, in turn, invest in capital market securities.

What is LIC money back plan?

LIC Money Back Plan 20 years. LIC’s Money Back Policy is a 20 year, non-linked plan that gives pay-outs at certain intervals. These pay-outs are made during the policy tenure as a certain percentage of the basic sum assured.

How is LIC surrender value calculated?

The paid-up value is calculated as original sum assured multiplied by the quotient of the number of paid premiums and number of payable premiums. On discontinuing a policy, you get special surrender value, which is calculated as the sum of paid-up value and total bonus multiplied by surrender value factor.

How can I Check my LIC policy status online?

Procedure to Check Policy Status Online (for Registered Users): Users can check the details of premium payments, group schemes, accrued bonuses, etc., by simply logging in to the LIC India website with their username and password.

Where do I go to register for LIC online?

The option to register for e-services is available on home page. If you are a first time user, then you will be required to fill out the online registration form and choose your login credentials. Upon successful registration, a confirmation mail will be sent to your registered email address.

How can I check the surrender value of my LIC policy?

You can also check the surrender value of your traditional LIC policy online. Surrender value is the value that you would get when you surrender your policy before the completion of the plan term. Surrendering the policy can be done during the tenure of the plan by requesting the insurance company.

How to delete incorrect LIC policy details online?

NOTE: The incorrect LIC policy details will get deleted after 5 days automatically. Step 1: The insured requires visiting the official website. On the left side of the Home Page, you will see Online Services tab. Step 2: After that click on the LIC e-Services link, it’ll redirect you to the next page where you’ll see ‘New User’ Tab.