How Can LIC Premium Receipt help You?

LIC Premium Receipt

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How to Download LIC Premium Receipt

LIC provides different platforms to download a premium receipt online easily and quickly. Once the premium is paid, then you immediately can download the premium receipt effortlessly. The policyholder also can download the consolidated premium paid statement simply by browsing the LIC customer portal.

To download all the consolidated premium receipts for online payment, you need to register for the LIC e-services.

The Life Insurance Corporation of India is the oldest life insurance provider in the country. LIC is a leader in the industry and having the highest claim settlement ratio. LIC offers a wide range of Life Insurance Plans.

What are the Steps you Must Follow for LIC Premium Receipt Download Online:

  1. Visit the LIC website and find an option that is Online Services’ under this click on ‘LIC’s e-Services’
  2. On the screen you will have two options one is New User and another is a Registered user. if you are a registered user, then click on it.
  3. After clicking on it you will be redirected to another page where you will be asked to provide your user name, password, and your date of birth, and also you need to specify whether you are an agent or a customer.
  4. Click on the dashboard, you will get “premium paid statement” on the right-hand side of the option there is the option “Select Year” just input your value and see the provided details, if you are satisfied with the details then click on “Generate Statement”
  5. The LIC Premium Receipt can be downloaded in the form of a PDF file which you can directly save on your computer or can have a print directly.
  6. Now you can see your downloaded LIC Premium Receipt Online. Keep the receipt with you when it is required then show it that shows your policy is active.

If you are not a registered user with LIC e-services

what are the steps you need to have to take if you are not a registered user with LIC e-services?

  1. Visit LIC official website that is www.licindia.in)
  2. Find the “Online Services” box that is on the left-hand side, click on “Customer Portal”
  3. After clicking on “Customer Portal” immediately you will be redirected to the LIC e-services page.
  4. There is the link “Registration for e-services” under the functionalities offered section
  5. You will have two options one which says New user and another says, Registered user
  6. Click on “New User” and input the requested details, the details should be your policy number, date of birth as mentioned during filling in the policy document, premium. The customer needs to provide a mobile number and email id before checking the box which says “I confirm that the mobile number mentioned above is registered under my name and it is being used by me”
  7. Click on the “Proceed” button after input the required details
  8. As per site terms and conditions, you are requested to choose your User ID and Password. These are the credentials which you will use when you login on LIC portal
  9. A warm welcome mail sent to you on your registered email ID
  10. Login on the LIC portal, click on LIC e-services, and select “Registered User” then enter your user id and password to go further.
  11. Once you have logged in to the LIC portal, you can have access to various services such as LIC e-services, LIC premier services, and LIC basic services.

What is the LIC Premium Receipt?

Lic Premium receipt is just a piece of documentation that shows how much premium has been paid by the policyholder against the purchased policy. Visiting the branch physically is not required to get the premium certificate or standing in a queue for long hours. LIC makes the process simple and keeps comfort in mind for the policyholder to download the LIC premium certificate/receipt online simply by clicking the LIC customer portal link and also avail the LIC e-services online easily and efficiently.

Know the List of LIC Online Payment Channels

  1. Net Banking
  2. ATM payment
  3. Bill Junction
  4. Bill Desk
  5. ECS facility
  6. SMS Payment
  7. Portal Payment
  8. EBPP Payments
  9. Comat Payment
  10. MP Online payment
  11. AP Online Payment
  12. Debit card / Credit card

When is LIC Life Insurance Premium Receipt Required?

Some of the following reasons are provided why you need to download LIC Premium Receipt Online

In case of any misunderstanding between you and the LIC agent, with the help of the LIC Premium Receipt, you can sort out the matter without any effect. Premium Receipt will work as proof that all the LIC premiums have been paid and your Life insurance cover is active.

If in the future your family faces any challenges after your unfortunate death, with the help of LIC Premium Receipt downloaded copy, you can have the claim settlement amount easily and quickly.

With the help of LIC Premium Receipt copy, you can have the tax benefits as well

Conclusion

Downloading the LIC Premium Receipt is a simple, quick and hassle-free process by simply visiting the website or mobile app.

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