FAQ'S
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GENERAL QUESTION
Frequently Asked Questions
Creating an FAQ (Frequently Asked Questions) section in a question-answer format for a Life Insurance Corporation (LIC) can help customers quickly find the information they need
LIC, or Life Insurance Corporation, is an Indian state-owned insurance group and investment corporation. It offers a wide range of life insurance products to individuals and groups.
You can purchase an LIC policy through the official LIC website, an LIC agent, or by visiting the nearest LIC branch office.
LIC offers a variety of insurance plans including term insurance, whole life policies, endowment plans, money-back plans, pension plans, and health insurance.
LIC premiums can be paid online through the LIC website, at LIC branch offices, via authorized banks, and through LIC agents. You can also use mobile banking apps and digital wallets.
You can check the status of your LIC policy by logging into the LIC customer portal, using the LIC mobile app, or by contacting your LIC agent or the nearest LIC branch office.
If you miss a premium payment, you can pay the overdue premium within the grace period without any penalty. If the grace period lapses, you may need to pay a late fee, and in some cases, your policy may lapse. You can revive a lapsed policy by paying the overdue premiums along with interest.
You can update your contact information by logging into your account on the LIC website, using the LIC mobile app, or visiting the nearest LIC branch office with valid identification.
To make a claim, you generally need the original policy document, a death certificate (in case of death claim), medical reports (if applicable), proof of identity, and a filled claim form. Additional documents may be required based on the type of claim.
Yes, you can change the nominee for your LIC policy by submitting a nominee change form to the nearest LIC branch office along with the policy document.
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