LIC Policy Status Check: An Overview
The Life Insurance Corporation of India (LIC) established in the year 1956, enjoyed a monopoly position up until the year 2000 in the life insurance segment. LIC India has a gigantic client base that confides in the organization and puts resources into various sorts of life coverage plans presented by LIC. The majority of people invest money in their Life Insurance. They invest in various forms such as term insurance plans, whole life insurance plans, endowment plans, pension plans, and many more. Life insurance is a very popular investment avenue, in which almost every individual invests in.
Even though investing money in insurance is very important, it is equally important to have timely LIC status check to stay updated and not miss out on any important thing. One should check their policy status from time to time. This article will share different ways to check policy status. It will lay down a step-by-step procedure so that one can easily check LIC policy status details from anywhere, at any time.
How to Check Status for LIC Policy?
We are seeing rapid advancements in technology. Technology is making life easier and faster. Technology is now present everywhere. Every materialized thing is transforming into dematerialized objects. Right from interacting with people face to face, to interacting with them over a phone, we are seeing a huge jump in technology. And the same is visible in the case of Life Insurance Corporation.
All the services provided by the LIC are available digitally, which people can access from anywhere, at any time.
One can check their LIC status digitally too. All they need is their policy number, along with a few more documents (varies in ways to check), and they can check their LIC policy details by policy number.
The following are three different ways in which one can check his/her LIC status:
- Online
- Via SMS
- Through customer care number
The article will tell you about each of them in detail.
Steps for LIC Registration for a New user
Checking the status online is the easiest, most convenient, and fastest way available to any person. If you are looking to check your LIC status online, from anywhere at any time, you need to register yourself first, if you are a new user.
The following steps need to be followed to register yourself:
- Step 1: Visit the website of LIC.
- Step 2: Scroll down and click on “Log in to customer portal”, which will be visible on the left side of the screen. This will take you to the next page.
- Step 3: Click on the new user button, which will direct you to the next page.
- Step 4: Create your LIC account by filling in the following details: Policy number, Instalment premium amount without tax, Date of birth, mobile number, email address, and gender.
- Step 5: Click on proceed. This will take you to the next page.
- Step 6: Choose the User ID, and password as per your preference and click on Submit button.
Your account will be created and you will be registered and can access all online services.
Steps to check LIC status online for new users
The following are the steps to check your LIC status online if you are a new user:
- Step 1: Register yourself online by following the above-mentioned steps.
- Step 2: You will receive a confirmation mail, along with a link to the website.
- Step 3: Click on the link and you will be directed to the page, where you will have to link/enroll your policies.
- Step 4: You can access your policies using your User ID and password, under the policy status tab.
Steps to check LIC status online for registered users
The following are the steps that you need to follow to check your LIC status online if you are a registered user:
- Step 1: Visit the website of LIC.
- Step 2: Scroll down and click on “Log in to customer portal”, which will be visible on the left side of the screen. This will take you to the next page.
- Step 3: Click on the registered user button, which will direct you to the next page.
- Step 4: Enter login credentials: User ID and password, which will direct you to the next page.
- Step 5: Click on the ‘Policy status’ tab, where you check the live status of all your policies that you have enrolled for.
- Step 6: If you wish to add more policies that are not visible, you can add them by making use of the ‘Enrol policy’ tab available on the screen after you log in with your credentials.
LIC Policy Status Check by SMS
If you do not want to go through the registration process or are at a place where you do not have access to the internet, you have another option to check your LIC policy status, and that is via SMS. For this process, all you need is your policy number and your mobile phone. You can check LIC details by policy number, by sending an SMS to 56767877.
You can access various details and get a LIC policy status check by sending the following SMS:
- To know about Installment Premium: Type ASKLIC<Policy Number>PREMIUM and send.
- To know about the Bonus amount: Type ASKLIC<Policy Number>BONUS and send.
- To enquire about the Revival amount: Type ASKLIC<Policy Number>REVIVAL and send.
- To check the amount of loan available: Type ASKLIC<Policy Number>LOAN and send.
- To check the status of Nomination Details: Type ASKLIC<Policy Number>NOM and send.
You can check LIC Pension Policy status by sending the following SMS:
- To know about IPP Policy Status: Type ASKLIC<Policy Number>STAT and send.
- To check the Existence Certificate due: Type ASKLIC<Policy Number>ECDUE and send.
- To get to the Last Annuity Released Date: Type ASKLIC<Policy Number>ANNPD and send.
- To enquire about the Annuity Amount: Type ASKLIC<Policy Number>AMOUNT and send.
- To avail of the Cheque Return information: Type ASKLIC<Policy Number>CHQRET and send.
LIC Policy Status Check by Customer Care
LIC offers another option for you to have a LIC policy check. It is by getting in touch with their customer care. Customer care is available from Monday to Friday and offers personalized service to all the policyholders, from 8 AM to 8 PM. They can get in touch with customer care by a call or by visiting the branch.
For the BSNL and MTNL users, they have the option to call on Universal Access Number 1251 to get in touch with the customer care of LIC.
People have access to calling on the Integrated Voice Response Service (IVRS), which is available 24x7 in almost all cities.
For other services subscribers, they will have to call the respective IVRS number of their city, followed by 1251.
LIC has segregated the regional offices into eight different zones, i.e., Northern Zone, Southern Zone, Eastern Zone, Western Zone, North Central Zone, South Central Zone, East Central Zone, and West Central Zone.
Each zone has different cities and different IVRS numbers.
You can find the IVRS number of your respective city on the LIC website by following the following steps:
- Step 1: Visit the LIC website.
- Step 2: Hover on the Customer Service Tab visible on the home page.
- Step 3: Click on the ‘Phone helpline’ button and this will direct you to the next page.
- Step 4: Scroll down and find your respective city under your respective zone and click on it.
- Step 5: Use the visible phone number to call and get in touch with customer care, or visit the center at the visible address.
Key Takeaways
- One should check his LIC status in intervals to stay up to date and not miss out on any information to avail of all benefits.
- Keep your Policy Number in handy to check its status.
- You can check your policy status online, via SMS, or through customer care.
- To check the policy status via SMS, you will have to send the SMS to 56767877.
Why Should One Check LIC Policy Timely?
A LIC acts like a shield against contingencies and it is extremely important to stay updated with its information and details, to get optimum returns and benefits. You should know its maturity date, when, and how much premium you need to pay and not miss out on them. A lapsed policy is of no use and one should not let it lapse.
It is suggested to check your policy once a month so that you do not miss out on premium payment and in case you do, you can pay it in the grace period.
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Conclusion
LIC is very important for a person and his family, and it is of utmost importance for one to maintain it properly to stay protected from unexpected events.
As mentioned in the article, LIC policy tracking is very important at regular intervals to stay protected and keep your family protected.
Now that you are aware of the different ways to conduct a LIC policy status check, this is your reminder to check now and keep yourself and your family protected.
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Are there any costs charged to check your LIC policy status?
No, the above-mentioned ways are free of cost. LIC does not levy any charges to check your policy status.
How many times can I check my policy status?
You have the option to check it as many times as you want, at any time, anywhere.
Can I check my policy status online without enrolling it?
No, enrolment of policy is a step you can not skip if you want to check your policy status online.