LIC Policy Statement

LIC Policy Statement:

Even though there are many financial corporations in India, we always trust Life Insurance Corporation of India, also known as LIC for all our policy needs. LIC provides a variety of e-services in free of charge for its valuable customers. You do not need to pay any additional fee to avail the online services provided by them. One such useful e-service is LIC policy statement that contains details about the premium amounts you have paid for the policies.

LIC policy statement contains the information about the premiums paid. There are 2 different types of LIC policy statements. One is Consolidated Premium Paid statement and another one is Individual Policy Premium Statement.

What is Consolidated Premium statement and when do you need it?

Consolidated Premium statement contains the premium details for the selected financial year.

For example, the consolidated premium LIC policy statement for the financial year 2016-2017 contains the premiums paid in that financial year. If you have paid for multiple policies in that year, it will show all those details in a single LIC policy statement. This kind of LIC policy statement is mostly used for financial related submissions like proofs.

What is Individual Policy Premium statement and when do you need it?

Individual policy premium statement is a statement where you can see the premium paid for a particular policy in any given financial year. It is mostly used for personal reference and also can be used as proofs if demanded.

Let us now see in detail on how to view the LIC premium statement and LIC policy statement and how to download them in few steps. We have given our best effort to explain how to view and download the LIC policy statement online very easily.

LIC Policy Statement - What do you need to view LIC policy statement?

• LIC user id and password. If you do not have LIC user id and password, you have to register in case you have not registered.

How to view LIC policy statement online?

• Visit Life Insurance Corporation of India portal - http://www.licindia.in/Home/LIc-s-e-Services-(1).
• Click on 'Registered User' button.
• You will be redirected to a new page where you will be asked to enter your user id and password. You also need to read a question that is shown in the window below the password field and enter the answer in the text box given. If there is any error in your answer, a message saying 'Error : Pl Check your Answer..' will be displayed on the screen.
• Then click on 'Submit' button.

• After logging into the LIC online portal, in the left sidebar you can see two options - Consolidated Premium Paid statement and Individual Policy Premium Statement.

LIC Policy statement - Consolidated Premium Paid statement:

Click on the 'Consolidated Premium Paid statement' in the left side bar.

You will see a screen where you have to select the financial year. Also, you have to enter the text from the image.

Click on the 'Submit' button to view the LIC policy statement as a pdf in a new window.

In the consolidated LIC premium policy statement, you will see the following details of each policies for which you have paid premium in the selected financial year.

• Policy no
• Date of commencement
• Due from
• Due to
• Number of installments and payment mode
• Premium amount received
• Received date
• Collecting branch
• Servicing branch
• Email id of servicing branch

Also, you will see the total amount received towards premium for the policies for the selected financial year. 

How to download Consolidate LIC policy statement?

In the consolidated LIC policy statement, you will see a button called 'Print this Page' which can be used to download and save as PDF. You can also print this statement using a printer.

How to view and download the Individual Policy Premium Paid statement?

To view this individual statement, you need to know the policy number. You can enter the policy number and select the financial year. Then enter the text from the image and click on the Submit button.



LIC customer care service phone number:

For any of your policy/product queries, you can send the below SMS to the given numbers in the below format.

SMS “LICHELP ‹policy no›” and send the SMS to “9222492224” or “56767877”.

Hope the article on LIC Policy Statement is useful for you. If you have any queriers or doubts, feel free to leave it in the comment section.