Confused About Right Life Insurance Plan?
What would you do if you lost the hard copy of your LIC receipt? What would you do if you have not received the same in your e-mail? Well, you don't have to worry about such cases as well. There is a way through which we can still download the LIC premium payment receipt online.
Customers of LIC can conveniently pay their premiums online. Customers can easily receive their consolidated premium paid statement by visiting the company's official website after making a premium payment on the company's website.
Customers who pay premiums for LIC plans can get their receipts online. Customers can also access the company's website to receive a consolidated Premium Paid statement for each policy they've purchased. You must first register for the LIC e-Services in order to download the LIC receipt for online payment or the consolidated statements.
After purchasing an life insurance plan, the policyholder has to pay a certain amount during a specific period of time to the insurer. Policyholders might have to pay it monthly, quarterly, semi-quarterly, yearly (regular premium), or maybe just once at the very beginning while purchasing the policy (single premium). Thus, this amount that is paid by the insured in order to get cover for risk from the Corporation is called the premium.
Since the introduction of LIC E-services, individuals can avail of numerous features from the comfort of their own houses. A few of those activities include:
There are two ways through which we can get the LIC policy receipt-offline and online. In case of offline, you have to visit the office. However, by using the online medium you will get the receipt of the payment instantly to your registered email id.
There is a chance that you may have misplaced the receipt or you may have not received the same on your e-mail id. But you know the importance of LIC receipt and especially at the end of the financial year. You may require this LIC payment receipt as proof that you paid the premium and to grab tax benefits as well.
That's why you need to understand the whole concept of downloading the premium payment receipt online.
Before jumping directly into the LIC premium payment receipt online, you should create a login account for yourself. Hence, firstly you need to understand the steps that are required in LIC new user registration process.
# Step 1
Visit the LIC home page and click on the link by the name of LIC e-services that is available on "Online Services"
# Step 2
Click on the tab "New User".
# Step 3
At this step, you have to provide the policy details and your communication details that include Email and Mobile Phone numbers. All fields are mandatory here. Make sure you are providing valid data which should be the same in your LIC policy.
# Step 4
After clicking on the tab "Proceed", then the page will redirect you directly to the below screen where you have to provide the User Name and Password of your choice. The registration process is complete now. Keep in mind that the User ID and password should contain letters, alphabets and two special characters dot (.) and underscore (_).
Interested policyholders can enroll themselves in their own life only and their minor kid's name. At the time where the minor change to major, then the person has to create the new account in the major kid name. If the policy is related to a different person viz. spouse, children, etc, then he/she have to create a different user-id and enroll the policy/ies under that user-id.
After that, you have to log in to the LIC portal by clicking on "Registered User". Now, you can add the LIC policies that you are holding.
After creating the login and later on if you purchased new policies, then simply fill the "Addendum to Proposal Form for LIC e-services". The format looks like below.
You can Download Addendum to Proposal Form for LIC's e-services also. This is all about how a new user can register to LIC portal, now let us move to the main topic of this post.
To download the LIC premium payment receipt online, you need to be a registered user of LIC's e-Services.
Steps to download the LIC premium payment receipt online
# Step 1
Visit LIC Homepage and click on the link called LIC e-Services that is available on "Online Services".
# Step 2
Click on the tab "Registered User". Because you are already a registered user.
# Step 3
Submit the User ID and Password. If you forget the User ID and Password, then you can use the link provided for the same and the screen looks like below.
# Step 4
Now you will be directed to the Welcome screen of LIC e-Services Page and it looks like below.
Features of LIC's e-Services?
With the help of LIC's e-Services, you can do the following activity at ease.
Along with that, you can also easily download the LIC premium payment receipt online.
# Step 5
Click on the two options available as "Consolidated Premium Paid Statement" or "Individual Policy Premium Paid Statement".
# Step 6
At this step, you have to choose the Financial Year and in case of Individual Policy Premium Paid Statement, select the policy number to download.
# Step 7
At this step, you can download the PDF version of the receipt or print the same. You can use the same as the proof of your LIC Policy Premium Paid Receipt.
This is how you can easily download the LIC premium payment receipt online.