LIC policy holders who have registered at e-Services can download LIC Policy Bond 2023 or LIC Policy Document 2023 from the Life Insurance Corporation of India official website, lic.gov.in.
Life Insurance Corporation of India (LIC) is one of the most trusted and renowned insurance providers in India. LIC offers a wide range of policies to cater to the different needs of its customers.
One of the most important documents that LIC provides to its policyholders is the Policy Bond. The LIC Policy Bond is a legal document that contains all the details of the policy, including the terms and conditions, premium payment details, and the sum assured.
What is the LIC Policy Bond?
The LIC Policy Bond is a legal document that serves as proof of the policyholder’s insurance coverage. The Policy Bond contains all the details of the policy, such as the policy number, the sum assured, the premium payment details, the policy term, and the nominee details. It is a crucial document that the policyholder must keep safely.
Why Download the LIC Policy Bond Online?
Downloading the LIC Policy Bond online is a convenient and secure way to access the document. It eliminates the need for the policyholder to visit the LIC branch or wait for the document to arrive by post. Moreover, downloading the Policy Bond online saves time and effort, as the document is available instantly.
| Name of the Document | LIC Policy 2023 |
|---|---|
| Title | LIC Policy Download |
| Subject | LIC Policy Document |
| Category | Policy |
| Website | https://licindia.in/ |
LIC Policy Document
When we take a policy from LIC, they give us a bond. This LIC Policy Document or bond has important information like the policy number, our name, and who we choose as the beneficiary.
It’s really important to keep this document safe because we might need it in the future. But what happens if we lose it or it gets damaged? Don’t worry, LIC can give us a new one that works just like the original.
To get a new bond, we need to tell our LIC agent or go to the LIC branch. We also need to show them receipts that prove we paid for our policy. We have to make a special document called an indemnity bond, and get it notarized after paying some money.
We also need to give them some ID proof, like our passport or driver’s license, and proof of where we live, like a utility bill or ration card. Then, we have to pay a fee at the LIC branch and they will give us a new bond. If our old bond was not complete, we might need to show proof of that too when we ask for a new one.
LIC Policy Bond Download Online
With the advent of digital technology, it has become much easier to access and manage your LIC policy online. Downloading the LIC Policy Bond online is a simple and hassle-free process. The policyholder can follow the below steps to download the document:
- Visit the LIC Website
The first step to download the LIC Policy Bond online is to visit the official website of LIC, www.licindia.in.
- Login to Your Account
The next step is to log in to your LIC account using your username and password. If you don't have an account, you can register for one by clicking on the “New User” option.
- Access the Policy Bond
Once you have logged in to your account, you can access the Policy Bond by clicking on the “Policy Details” option. You will find this option under the “Policy Servicing” tab.
- Download the Policy Bond
After accessing the Policy Bond, you can download the document by clicking on the “Download” option. The Policy Bond will be downloaded in a PDF format.
Benefits of Downloading the LIC Policy Bond Online
There are several benefits of downloading the LIC Policy Bond online. Some of the key benefits are:
Convenience: Downloading the Policy Bond online is a convenient way to access the document. It saves time and effort, as the document is available instantly.
Secure: Downloading the Policy Bond online is a secure way to access the document. The policyholder can log in to their account using their username and password, which ensures that the document is not accessible to unauthorized persons.
Environment-Friendly: Downloading the Policy Bond online is an environment-friendly option as it eliminates the need for paper documents.
Understanding Digilocker
Digilocker is an online cloud storage platform launched by the Government of India. The platform provides a secure digital space for storing and sharing documents with ease. It is an initiative under the Digital India program and provides a range of benefits to Indian citizens.
With the introduction of Digilocker, LIC policyholders can now access and download their policy bond digitally.
Benefits of Digilocker for LIC Policyholders
As a policyholder with LIC, having a Digilocker account can offer several benefits, such as:
- Convenience: Access to policy documents from anywhere and anytime, as long as you have an internet connection.
- Paperless: No need to keep physical copies of the policy bond, as the digital copy is valid.
- Secure: The digital copy is password-protected, ensuring that only you have access to it.
- Environmentally Friendly: No paper usage, which helps to reduce environmental impact.
Requirements for Downloading LIC Policy Bond from Digilocker
To download your LIC policy bond from Digilocker in 2023, you will need the following:
- A Digilocker account: To create an account, visit https://digilocker.gov.in/
- An active LIC policy: Ensure that your policy is active and up-to-date.
- Your policy number: This can be found on your policy document or premium receipt.
Steps to Download LIC Policy Bond from Digilocker in 2023
- Create a Digilocker account: Visit the official website of Digilocker and create an account using your Aadhar card number or mobile number.
- Log in to your account: Once you have created an account, log in using your credentials.
- Link your Aadhar card to your Digilocker account: This is a mandatory step to avail of the services provided by Digilocker.
- Access your Digilocker account: Once your account is linked, access your account by logging in with your Aadhar card or mobile number.
- Select ‘Issuer’ and search for LIC: Under the ‘Issuer’ tab, search for LIC and select it.
- Provide your policy number: Once you have selected LIC, you will be prompted to provide your policy number.
- Enter OTP: You will receive an OTP on your registered mobile number. Enter the OTP to verify your identity.
- Download the policy bond: After completing the verification process, you will be able to view and download your LIC policy bond.
Frequently Asked Questions (FAQs)
Is it safe to download the LIC Policy Bond online?
Yes, downloading the LIC Policy Bond online is safe as it requires the policyholder to log in to their account using their username and password.
Can I download the LIC Policy Bond from my mobile phone?
Yes, policyholders can download the LIC Policy Bond from their mobile phones by visiting the official website of LIC.
What is the format of the downloaded LIC Policy Bond?
The LIC Policy Bond is downloaded in a PDF format, which is a standard format that can be viewed on any device.
Can I download the LIC Policy Bond for policies purchased before 2023?
Yes, policyholders can download the LIC Policy Bond for policies purchased before 2023 by following the same steps as mentioned above.
What should I do if I am unable to download the LIC Policy Bond online?
If you are unable to download the LIC Policy Bond online, you can visit your nearest LIC branch and request a physical copy of the document.
Is it necessary to register for LIC's e-Services to download my policy bond?
Yes, you need to register for LIC's e-Services to access your policy bond online.
Can I download my policy bond from the LIC mobile app?
Yes, you can download your policy bond from the LIC mobile app as well. Just follow the same steps as mentioned above.
Can I download my policy bond multiple times?
Yes, you can download your policy bond as many times as you want.
Will my policy bond be available online forever?
Yes, once you've downloaded your policy bond, it will be available online for as long as your policy is active.
Conclusion
The LIC Policy Bond is a crucial document that every policyholder must keep safely. Downloading the Policy Bond online is a convenient, secure, and environment-friendly way to access the document.
The process of downloading the Policy Bond online is simple and hassle-free. By following the above steps, policyholders can download their Policy Bond online in a few minutes.