Premium payment is the most essential thing to be done after buying a life insurance policy or health insurance policy from LIC of India. A hassle-free premium payment method is brought to the customers in the form of the LIC Merchant. The merchants are 100% authentic and trustworthy as appointed by the LIC of India.
For efficient and authentic functioning of premium collection, the LIC of India has provided a 'merchant portal' where all the task needs to be performed online. The merchants need to login in to carry out the premium collection.
Merchants are the individuals appointed and involved in premium collection. They act as a linkage between the policy buyers and the LIC of India. LIC Premium Collection portal is an online portal where the merchant's login using their ID and password and follow the premium payment tasks.
The merchants can also view and update the details using merchant tools available on the portal other than premium collection.
We will be detailing how the portal functions and how one can log in to the account. But, to 'log in' into the account, the foremost thing one needs is the 'Login ID' and the password. There come times when one forgets the password of his/her account. In case one has forgotten the password then s/he need not worry because we have got a solution for the same:
In case of unavailability of password, the merchant can follow the below-mentioned steps:
After getting an email containing the new password all one can do is set a new password as per his/her convenience. To do the same one can follow further instructions.
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For changing the password here are a few simple steps:
If one remembers the account ID and Password very well then s/he is free to login following the below-mentioned steps.
Here are the steps, one can follow to login easily:
OTP is an important detail while one is handling an account and if one has not updated the 'Email ID' to get OTP then do not delay and follow these steps.
In case the LIC merchants face problems in login to the account then customer care assistance is always there to help them one can freely contact the customer care executive either on helpline number or through the mail. The details are as follows:
Email: firstname.lastname@example.org / email@example.com