How to Pay LIC Premium Payment 2022 at Life Insurance Corporation portal

How to Pay LIC Premium Payment 2022 at The Life Insurance Corporation of India, LIC is one of the most reliable and efficient insurance providers among Indian citizens. Since its establishment, the customers trust the company, and it also has the largest market share among the insurance segment. Under LIC policies, many customers enjoy admirable financial coverage and continue to lead a stress-free life.

The company has acknowledged the troubles an individual goes through while paying premium charges offline and introduced a more user-friendly and digital method of making the LIC premium payments.

Suppose an individual fails to pay the premium charges within the given timeline or the grace period, then the policy lapses. But an individual can efficiently restore the policy by paying the due premiums along with minimal late fee charges. The introduction of the online method has efficiently increased the credibility of the services provided by the company.

LIC Online Premium Payment 2022
Name of the paymentLIC Premium Payment 2022
TitlePay the LIC Premium 2022 on Online
SubjectLife Insurance Corporation of India introduced the LIC Premium Payment 2022 through Online mode
Payment LinkPay LIC Premium Online
LIC Online Premium Payment Details

LIC has been maintaining its high credibility and performance in the customer services domain. The insurance company has been acknowledging the difficulties of its customers. To avoid the penalties, it is recommended to regularly pay the premiums or avail of the different payment benefits that the respective policies offer. However, the revival process under LIC is not a prolonged method, and the customers can effortlessly restore their lapsed policy in a tech-abled and hassle-free way.

How to pay LIC Premium Payment 2022 online?

If an individual fails to pay their due premium charges within the required timeline, which includes the grace period, the LIC policy lapses. But the individual can easily pay their unpaid premium charges along with late fee charges and can easily revive the lapsed policy. There are two methods in which a LIC policyholder can make their late premium payments within the online process. The methods are mentioned below, including steps to follow for making the payments:

LIC Online Premium Payment Through Customer Portal (For Registered Users)

  • Visit the customer portal of the insurance provider.
  • Then click on “Registered User” present on the centre menu.
  • Fill in required credentials like user id, password, and date of birth to log in.
  • After logging in, go to “Self” or “Policies”.
  • Then click on “Online Premium Payment”.
  • Then choose the option of “Renew/ Revival”.
  • Choose the mode of payment.
  • Check the registered mail id.
  • Download the payment receipt.

LIC Online Premium Payment Through Customer Portal (For New Users)

Suppose an individual is new in executing the online services and does not have an online account in the customer portal and wants to renew their policy online. In that case, the following steps will be helpful:

  • Visit LIC’s customer portal from their official website. 
  • Click on “New Users”
  • Fill in the required details like policy number, date of birth, registered mail id and phone no., and gender.
  • Click “Proceed”
  • After registration, click on “Policies”.
  • It will show the status of the lapsed policy
  • Then click on “Online Payment”.
  • Select “Renewal/Revival”
  • Check the mail id.
  • Print the payment receipt.

Pay Premium through LIC Customer Portal

LIC Online Premium Payment Through Direct Payment (without Registration)

Direct Payment: This process does not require any online registration to an account in the customer portal.

  • Visit the official website of the Life Insurance Corporation of India.
  • Click on “Online Premium Payment” present at the left-side menu of the home page.
  • Click “Pay Direct”
  • Select “Renewal Premium/Revival”
  • Select “Proceed”
  • Fill in the required credentials like policy number, date of birth, registered mail and phone no.
  • Fill in the premium particulars.
  • Select the mode of payment.
  • Download and print the e-receipt.

Pay Premium through LIC Pay Direct Portal

*Disclaimer: We have published the above information for reference Purpose only, For any changes on the content we refer to visit the Official website to get the latest & Official details, and we are not responsible for anything

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