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Can LIC be done without agent?

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Can LIC be done without agent?

Can I buy LIC without an agent? A. An agent’s commission is included in your premium in an insurance policy sold through an agent. At the same time, buying insurance from the LIC website directly, you can buy LIC policy online without an agent as well as without added commission of the agent.

Can LIC policy be bought online?

Now, you can buy LIC policies online in a few clicks and also enjoy special benefits on offer. The LIC official website explains: “For a customer who is comfortable using the internet and has some experience of having made an online purchase, buying life insurance online is an easy and a logical option.

Can third party pay LIC premium online?

As per LIC portal, Online premium payment should be made by the policyholder himself. No third party payment should be made using this mode of payment.

Is Jeevan Labh 936 a good policy?

LIC Jeevan Labh (Plan No: 936) is one of the effective life insurance plans offered by the Life Insurance Corporation of India. It also provides financial support to the family the needful in case of insured’s miserable demise. People from the age group of 8-59 years can take advantage of this plan.

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How can I make LIC agent?

How to Register on LIC Agent Portal

  1. Click ‘Agent’s Module Helpline’ under Online Services menu tab.
  2. A new page will open. Click ‘Click Here to Register’.
  3. Enter the relevant details and then click ‘Generate OTP’.
  4. An OTP will be sent to your registered email ID/mobile number.
  5. Enter the OTP and your registration is done.

How can I start my LIC policy online?

Visit www.licindia.in, click on the tab “new User”, select your own user-id and password and provide all the necessary information. Now you are a registered Portal user.

How can I check my LIC policy without registration?

The Life Insurance Corporation of India provides an SMS number. It can be used to verify the status of a policy without having to register. You need to SMS ASKLICSTAT to 56767877 from your registered phone number. Certain official and government procedures require proof of an individual’s existence.

Can I pay LIC premium through PhonePe?

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PhonePe as you know has become a famous UPI payment application all across India with more than millions of transactions occurring every day, and in order to enable the swift payment of LIC premium for all the LIC customers, has launched in the app payment section.

Is Jeevan Labh taxable?

Yes, the premiums paid towards LIC’s Jeevan Labh policy are exempted from income tax under Section 80C of the Income Tax Act, 1961. Besides, the maturity amount receivable is also tax free under Section 10(10D) of the Income Tax Act, 1961.

What is the difference between Jeevan Labh 836 and 936?

The initial version of the Jeevan Labh plan having plan number 836 was revised with effect from 1st February and was renamed as Jeevan Labh 936. LIC’s Jeevan Labh (T 936) is an endowment type of plan with a shorter or limited premium payment period.

How can I join LIC agency?

– Contact your nearest LIC branch office and meet the development officer there. – The Branch Manager will take an interview and if h/she thinks you are okay, then you will be sent to the Department/Agency Training Centre for training. – Training is of 25 hours. It covers all aspects of the life insurance business.

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Why should you buy LIC Jeevan Labh?

Have peace of mind once you buy plan. LIC Jeevan Labh offers peace of mind by offering to choose from 3 premium paying terms. You can choose to pay the premium for 10/15 or 16 years. Maturity in Jeevan Labh is given after a few years after premium payment stops. In 10 years premium paying policy, you get maturity returns at 15 years.

What is LIC Jeevan Labh plan 936?

Jeevan Labh (Plan No. 936) LIC’s Jeevan Labh is a limited premium paying, non-linked, with-profits endowment plan which offers a combination of protection and savings.

Does LIC’s Jeevan Labh override DND registration?

This may override DND registration. LIC’s Jeevan Labh is a limited premium paying, non-linked, with-profits endowment plan which offers a combination of protection and savings.

What is the Jeevan Labh plan?

LIC’s Jeevan Labh is a limited premium paying, non-linked, with-profits endowment plan which offers a combination of protection and savings. This plan provides financial support for the family in case of unfortunate death of the policyholder any time before maturity and a lump sum amount at the time of maturity for the surviving policyholder.