Quick Answer: How Can I Change My Lic Policy Details Online?

How can I change my LIC policy address online?

How to Change LIC Policy Address Online?You can change LIC policy address offline and online.

Click “Click to Enrol New policies” and click “Proceed”.

The LIC Branch will verify the detail and then enroll the policies under your user-id for your access to the policy details on the web site.

Update your new address and submit.More items…•.

How can I change my lic details?

You require to contact Policy and Services department of LIC to get the changes done. There are few steps you need to follow to change your account details. -Take a NEFT form from sub staff and fill it with updated information like your new account number, IFSC code and branch location.

How can I change my LIC policy name?

In order to successfully modify the name of the insured in LIC policy document, one needs to produce certain evidence to support the change….Documentary Proofs Required for Name ChangeGazette Notification.Newspaper Advertisement.Affidavit.Marriage Certificate.Adoption Deed Document (in case of adoptions only)

How can I get LIC maturity amount online?

a. If already registered on LIC Portal:Click on e-Services, login with your user-id and password.Register your policies for availing the e-services by filling up the form provided.Print the form, sign it and upload the scanned image of the form.Upload the scanned image of PAN Card or Aadhaar Card or Passport.More items…

How do I write a letter to inform of change of address?

Dear Sir/Madam, This is to inform you that I am changing my address as I am moving to a new residence on DATE. I would like you to change my address on your records and send any communications to the new address. Please send me confirmation that you have changed my address on your records.

Can I check my lic policy details online?

Check LIC Policy Status Online (For Registered User) You can check your LIC policy details including details of the premium payments, accrued bonuses, group schemes etc. by simply logging on to the official website of LIC India with your login credentials.

How much money will I get if I surrender my LIC policy?

Guaranteed Surrender Value: The policy can be surrendered after it has been in force for at least 3 full years. The Guaranteed Surrender value will be equal to 30% of the total amount of premiums paid excluding the premiums for the first year and all the extra premiums and premiums for accident benefit / term rider.

Can I withdraw my LIC policy from any branch?

Also, you have to surrender the LIC policy at your servicing LIC branch ONLY. Servicing branch may be the branch where you purchased the policy. Otherwise, if you changed the branch, then that particular LIC branch represent the servicing branch for you.

What happens if I stop paying LIC premium after 3 years?

On surrendering the policy after three years, the insurance company will pay you a guaranteed surrender value equal to 30% of all premiums paid after deducting the first year’s premium. … Special Surrender value = 80% of Maturity Sum Assured if you have paid premiums for 3 or more years but less than 4 years.

How can I change my lic nomination details online?

The e-services portal allows customers to view policy status, claim status, pay the policy premiums, and so on. However, the change of nomination facility is not available online yet. Changing your nominee is an important process and therefore it is advisable to visit your nearest branch to do that.

Can we transfer LIC policy to another person?

A person can transfer his rights, title and interest in a life insurance policy to another by assigning it to him. … Documents Along with the form, the policyholder should send the original policy and KYC documents of the assignee.

How can I change my lic mobile number?

1. Online registrationGo to the link www.licindia.in/Customer-Services/Help-Us-To-Serve-You-Better.Fill in details like your full name and date of birth as per the policy document that you already hold. … Fill the mobile number and email address in the space provided.More items…•

How is LIC maturity amount calculated?

Sum Assured (A): = Rs. 5,00,000.Total Bonus Amount on Maturity (B): * = Rs. 1000.Maturity Amount (A+B): = Rs. 35,000.Period of Maturity = Dec, 2021.

Can I revive my LIC policy after 5 years?

You can revive policies within five years from the date of the first unpaid premium. To offer some respite to life insurance policyholders, LIC recently launched a revival campaign to ensure benefits of the policy continue. The revival campaign encourages people to renew their policy by offering concession on late fees …

How can I change my bank account details in LIC?

For change in Bank details, fresh mandate form(fulfilling the conditions in point 1) should be submitted to the servicing branch or the branch where the policy was registered under ECS earlier. At the top of the form “CHANGE IN BANK DETAILS” should be prominently written.