When it comes to insurance, Life Insurance Corporation is a trusted corporation among all. Many of you have already have the LIC policies, and many of you may be planning to buy. Now buying LIC policy has become much easier, as now you can Buy LIC Policy Online also. You can directly buy your desired policy by going through the official portal licindia.in. The complete procedure and the LIC plans purchase guide has been provided on this page.
Many of the time, you became fooled by the LIC agents, as many of the policy holders had filed a complaint that they did not get the appropriate details while purchasing a LIC policy from an agent. Secondly purchasing the policy via offline mode is a time-consuming process. So, to provide the complete details of the policy and to save a consumer time, LIC is providing the service to Buy LIC Policy Online. The process of buying the policy via online mode is easy; you can check it from below.
Buy LIC Policy Online
- Passport size photograph
- Photo Id Proof
- Proof of Age
- Proof of Income
- Proof of Address
|Proof of Age||Proof of Address||Photo Id Proof||Proof of Income|
|Valid Driving license||Voter Identity card||Voter Identity card||Pay slip or Salary slip|
|Aadhar card||Driving license (DL)||Aadhar card||Bank Statements of current months|
|Valid Passport||Copy of Bank statement||Pan card||Income Tax Returns (of last 03 years)|
|Madhyamik Admit Card||Current Rental agreement||Passport||–|
|Pan card official||Passport||Valid Driving license||–|
|–||Ration card issue by GOI||–||–|
|–||Valid bills such as mobile bill / Electricity bill / gas bill/House tax slip etc.)||–||–|
Procedure To Buy LIC Policy Online
- Firstly, open www.licindia.in that is the official portal of the Life Insurance Corporation of India (LIC).
- After that, go to the “Buy Policy Online” section visible on the home page and press the “Click Here To Buy” link. You can take a reference from the below-stated image.
- Now, you will be redirected to another page, where you will give an option to choose a plan.
- After selecting the appropriate plan, press the “Buy Online” link.
- After that, you will get detailed information on the plan which you are going to buy, go through the plan details and read terms and conditions carefully.
- If you find the plan suitable for you then the “Click To Buy Online” button visible there only.
- Now the contact details page will appear on your screen; we have shown below for your reference.
- You have to provide details like Name, Date of Birth, Mob Number, Email, City etc.
- Now the next step is to provide the Captcha code and press the “Calculate Premium” visible at the beneath section of the form.
- Now you will get another page on your screen.
- Provide the OPT number you received on your mobile number and mail address.
- Provide the details like the amount of policy, premium paying term etc.
- Provide the details of the nominee, health issue, etc.
- Now agree to the T&C by hit on the “I Agree” button.
- At last, you will get the below page.
- Here you can view or edit your plan.
- Finally, move towards the payment option and hit on the “PAY” button.
- Make the payment by any suitable method.
- So that’s all for the process to Buy LIC Policy Online.
Note: Must read all the terms and conditions carefully before buying any plan.
CA Shivam Channa is a trusted financial writer with deep knowledge of financial systems. He has over 10 years of experience in writing His articles are always well researched and provide great insights into the topic at hand.