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Jul 23, 2020 · Follow these steps to pay LIC Premium through Google Pay. Step 1: First, open Google Pay app on your device. Step 2: On the home page you need to tap on + New Payment to pay your LIC premium. Note: You can even find the Life Insurance Corporation services under the Business categories. Step 3: On the next page, tap Bill Payments option.
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LIC usually sends premium notices one month in advance to the due month of the premium. The due months of the premium are given in front page of the Policy bond. In case you have not paid the premium within the due date there is still time for you to make the payments without payment of interest on the premium.
Guaranteed 10% of Sum Assured every year for life after 3-6 years after premium payment term1; Guaranteed Additions every year during Premium Payment Term; Whole life insurance with limited premium payment term between 5 to 16 years; Know More
LIC’s. Jeevan Utsav. Guaranteed annual payout of 10% of Sum Assured starts 3-6 years after premium payment term, ensuring lifelong financial security. Guaranteed Additions during premium payment term, paired with whole life insurance having a limited premium payment term of 5-16 years, provide enduring benefits. Buy Online
Explore convenient alternate channels for LIC premium collection. Learn about online, offline, and mobile payment options for hassle-free LIC policy payments.
The LIC portal will be used to pay a premium payment to Senior Business Associate. For ULIP plans, premiums will be collected by authorized agents. Premiums can be paid in cash or by check to any of these three authorized agents: SBAs, retired LIC personnel, and premium point collecting agents.
