BEST PLAN IN LIC

How To LIC Merchant Login

LIC merchant login portal – LIC merchant:- LIC Merchant is the one-stop Destination for Partners and Life Insurance Agents of Life Insurance Corporation of India. Just Visit LIC Merchant Official Website, Login, and Access all Information about your Business with LIC INDIA. Being a LIC Merchant givers you a Successful Career path, Independence and Stronger Financial Stability than Any Other Insurance Agency.

What is LIC Merchant Portal

LIC Merchant is a widely used and very popular Website for Help Regarding LIC Merchants and Agents. Here you can find A to Z information about LIC Customers, Business of LIC and about People Who Runs It; LIC Merchant.

Official Website of LIC INDIA offers the Premium Payment and other Insurance related facilities. Here at LIC Merchant, We offer Every Single Piece of Information about Business of LIC Merchant, Revised Plans, Premium Calculators, Member Logins and Also Logins for LIC Merchants.

There are 2 ways to use LIC Merchant Login Portal.

  • Online Login Portal
  • Mobile APP Android

This process is useful for the merchants,

  • For this go to the website https://merchant.onlinelic.in/merchant/
  • Use their merchant ID along with Password to use this portal. The LIC Merchant Login ID together with the password is received from the central ID Department of LIC.
  • After successful login in into merchant account,
  • Use it for many options like cashier login, Generate premium through the collection invoice, furthermore generate a proposal deposit invoice.
  • Consequently, the next process is to create a cashier account, here the user needs to enter a cashier I’d along with the password. All the premium collections being well done on the cashier account.

The merchant account holder cannot collect more than 20 policies at a time.

The payments will be made on two options like cash or cheque as well as the merchant, senior business Associates along with the empowered agents can make their collection only through the Axis Bank including the LIC Branch office.

Mobile APP Android

Accordingly, this app size of the application will be reducing

Sincerely, the Premium calendar for members

Agent log

  • The LIC Policy status list of weekly premium for agents
  • Then the policy was being enrolled by listed after customer login.
  • Lic of India Policy Status » How to Check LIC Policy Status Online

LIC Policy Status check is necessary because it helps you know the next premium due date. For that, you no need to visit the nearest branch office. That means due to advanced technology, one can check their LIC of India policy status online now, with just a few clicks on your computer.So, go through the following sections to know your LIC Premium Status.

LIC of India Policy Status Enquiry helps you to know the status of your LIC policy. Tracking your own policy status is significant because it allows the policyholder to know the details of next premium due, accumulated bonus, loan status, claim status, revival quote etc.

In earlier days, the insured should visit the nearest branch office or approach an agent to View LIC India policy status. With time and advanced technology, LIC also has modernized. So, He/she can do LIC Policy Status enquiry online at www.licindia.in by registering on the official website. The Customers can also check the LIC status or LIC Premium payment status through SMS & Phone services without registration.

LIC Policy Status check is necessary because it helps you know the next premium due date. For that, you no need to visit the nearest branch office. That means due to advanced technology, one can check their LIC of India policy status online now, with just a few clicks on your computer. So, go through the following sections to know your LIC Premium Status.

1 LIC Policy Status Online

1.1 LIC of India Policy Status Enquiry

1.2 How to Check LIC Policy Status?

1.3 Procedure to check LIC Online Policy Status for New Users

1.4 LIC Policy Registration Online

1.5 Steps to Check LIC Login Policy Status for Registered Users

1.6 How to Check LIC Policy Status without Registration?

1.6.1 Check LIC India Policy Status by calling customer care

1.6.2 Process to check LIC Policy Online Status by SMS

1.6.3 Procedure to check LIC Premium Status by using Comments

1.7 Other Additional Services for LIC India Registered Users

1.7.1 LIC Policy Details

1.7.2 LIC Policy Premium Payment

LIC of India Policy Status Enquiry helps you to know the status of your LIC policy. Tracking your own policy status is significant because it allows the policyholder to know the details of next premium due, accumulated bonus, loan status, claim status, revival quote etc.

In earlier days, the insured should visit the nearest branch office or approach an agent to View LIC India policy status. With time and advanced technology, LIC also has modernized. So, He/she can do LIC Policy Status enquiry online at www.licindia.in by registering on the official website. The Customers can also check the LIC status or LIC Premium payment status through SMS & Phone services without registration.

In today’s busy life, it is too likely to miss out on premium payments and sometimes, even the grace period goes unnoticed. So to avoid these issues, one should perform a timely LIC Login Policy Status check and stay updated about upcoming premium payments. The Insured can verify the LIC Online policy status by using LIC login portal. Hence the customer can check LIC Policy status by policy number Online.

Here, on this web page, we have provided the LIC Login page to know the LIC Policy Online Status report. If you go to LIC branch office just for LIC status, it consumes your time and money. So make use of these Lic online services. That is just by using User ID, password and Policy Number you can know the LIC India Policy Status Online free.

Since the corporation has provided different methods for tracking the status of any policy, the policyholder can choose any of those methods as per their convenience. The different methods for checking the LIC India Policy status using Policy Number are

How these factors affect your rates of premium is dependent on the insurance company and the way they treat these factors and the combination of them. For example: having a history of cancer in your family and still being a smoker can affect your rate in more than one way or being obese and having a history of heart disease also affects your rates of premium. Every insurance policy is based on each individual and premiums are calculated on the insurance company's rules of rating.

The factors that affect your premium towards Life Insurance are:

  • Age: This is an obvious and not surprising factor that affects your Life Insurance premium, the age of the policyholder. If you’re young the rates will be lower in comparison to someone older. The possibility of a young individual contracting a life threatening disease or to pass away in their youth is very unlikely. The insurance companies believe that you’ll make many premium payments before they have to write a cheque for your family.
  • Gender: Insurance companies aren’t against gender equality, but they believe there is a different life expectancy for different genders. As per the studies and statistical findings, women are believed to live 5 years more than men at the minimum. Therefore affecting the premium they pay, making them pay the premium for a larger period of time but at lower rate which is a plus point for the women.
  • Smoking: Smoking puts the policyholders at higher risk of all ailments, so if you’re a smoker that that’s as good as raising a red flag to the insurance companies. Most smokers pay a premium twice as much as non - smoker does, thus affecting the premium to a huge extent.
  • Medical history: There’s isn’t much one can do with the gene pool they come from. If a policyholder has a medical history of serious illnesses like cancer, heart diseases, or any other, then that makes them susceptible to get these from a hereditary perspective. Which increases the individual’s premium by a larger margin than if their gene pool wasn’t.
  • Health records: You as the policyholder will also need to provide your own health records. These records will ensure that you don’t have any chronic diseases or potential health issues and keep your premium also in check instead of making a difference to it.

Cancelable

A contract of health insurance that may be cancelled during the policy term by the insurer or insured.

Coinsurance

  1. A provision under which an insured who carries less than the stipulated percentage of insurance to value, will receive a loss payment that is limited to the same ratio which the amount of insurance bears to the amount required;
  2. A policy provision frequently found in medical insurance, by which the insured person and the insurer share the covered losses under a policy in a specified ratio, i.e., 80 per cent by the insurer and 20 per cent by the insured.

Convertible Whole Life Policy

A mix of "whole life policy" and "endowment policy", it provides for very low insurance premiums with maximum risk cover while the life assured is just beginning his working career, and the possibility of converting the policy to an "endowment" policy after five years of commencement.

Coverage

The scope of protection provided under a contract of insurance; any of several risks covered by a policy.Using LIC Online service for already Registered Users and New users.

Facultative Reinsurance

A type of reinsurance in which the re-insurer can accept or reject any risk presented by an insurance company seeking reinsurance.

Family Insurance

A life insurance policy providing insurance on all or several family members in one contract, generally whole life insurance on the principal breadwinner and small amounts of term insurance on the other spouse and children, including those born after the policy is issued.

Fiduciary

A person who holds something in trust for another.

Fire Insurance

Coverage for losses caused by fire and lightning, plus resultant damage caused by smoke and water. Flood insurance Coverage against loss resulting from the flood peril, available at low cost under a programmed developed by the Central government.

Franchise Insurance

A form of insurance in which individual policies are issued to the employees of a common employer or the members of an association under an arrangement by which the employer or association agrees to collect the premium and remit them to the insurer.