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Life Insurance Corporation Of India Premium Payment

Katrina Said:

Why can't insurance premium be paid using credit cards in India?

We Answered:

Yes. Prasad that is one of the reasons.
secondly, in the month of march when most people buy insurance for tax saving purpose, the effective payment to credit card company will be made somewhere around May i.e. the next financial year.

That is the reason there are instances where even the payment made is disallowed by the tax department saying that the payment was not made during the financial year.

Keith Said:

I want to search my Life Insurance Corporation of India Insurance Corporation of India policy Number 740804761?

We Answered:

If you have not already registered on the LIC web site go to this link:

http://www.licindia.in/NewUserRegistrati…

On successful registration, you will have access to information regarding status of policy/s, loan, revival, premium due/ policy calendar, maturity calendar etc.

Plan NAVs are available at http://www.licindia.in/plan_navs.htm. Just multiply the NAV times the number of shares in your plan.

If you still have a problem call the customer service help lines. The customer service contact numbers are listed here:

http://www.licindia.in/phone_helpline.ht…

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