LIC Premium Payment Offers

Get LIC India Offers, Coupons & Voucher Codes | May 2026 - GrabOn

About LIC

With everything that's going around, it's more important than ever to ensure you and your family for a long-lasting and happy life. There are various insurance plans at LIC that you can buy. Medical insurance, health plans, pension plans, and more are available as per your needs. All the details of the plans are mentioned on the official website of LIC India. Read the pdf documents to understand the insurance structure, calculate the premium, and enroll right away. That's all that it takes to enjoy exclusive benefits from LIC India and secure your future. As a LIC user, you will also get opportunities to creative pension schemes, Cancer-specific insurance packages, and many more that will make your life easy. There are also investment opportunities that you can take advantage of.

LIC operates not just in India, but in other countries as well. People in the UK, Singapore, Sri Lanka, Bahrain, Mauritius etc. can take buy insurance plans from LIC.

About Life Insurance Corporation of India (LIC)

LIC was formed in 1956 and is owned by the government of India. It has a total life fund of over Rs. 28 trillion that increases every year. LIC has embraced technology overtime. Now it operates from 2048 fully computerized branches and satellite offices. Moreover, it has a huge network of individual agents and bank partners that carries out its operations from their regions.

Buy a premium online and secure your life with insurance packages form LIC India. Or if you want a place where you can not only buy insurance but also enroll in Mutual Funds and increase your savings over time, you could try Aditya Birla Capital. If you are especially interested in health insurance, you could also explore Star Health insurance where you get hospital cash benefit and free health check-ups. Anybody from the age of 18 to 65 years can apply. You must make it a priority to insure yourself and your family for a safe future with any insurance plan that works for you.

How to pay a premium?

When you enroll in an insurance plan with LIC, you get an option to pay the premium online with ease. All you need to do is have your policy number ready while making a payment. Or if you have a customer id, you can simply log in and select your policy from your own dashboard, and pay the premium. Payments can be made through net banking, Visa, Master, RuPay cards, UPI and wallets.

LIC works with many banks to extend its services to the consumers. Some of these banks include IDBI, Bank of Baroda etc. Many of these banks are also the authorised payment collection partners for LIC.

Online premium calculator

Before you sign in to any insurance plan, you can calculate the premium easily through the LIC's website. Knowing your premiums beforehand will also help you decide which policy to opt for. Other than that, you can compare policies and choose the best one online.

Cancellation of policies and Refunds

While it is crucial to have a secured insurance policy under your name or for the ones you love, it is also possible that you might need to cancel a policy at a given time. You can cancel a policy from LIC's website. Your refund will be made after applicable deductions. You can get in touch with LIC through the helpline number to know about its cancellation policy at 022 6827 6827. Moreover, you can also book an appointment with an outlet where you can get personalized attention and detailed information about a policy from an expert. Visit the contact page on the LIC website and select your city to find details about your nearest office.

How To Use LIC India Coupons On GrabOn?

• Services