Why is the LIC Premium Paid Statement Important?

• Income Tax Benefits: Use your premium paid statement to claim deductions under Section 80C of the Income Tax Act.

• Tracking Payments: Ensure timely payments and keep your policy active.

• Loans Against Policy: Required for financial institutions when applying for loans against LIC policies.

• Claims Settlement: Verify premium payments for smooth claim processing.

How to Generate LIC Premium Paid Statement Online?

Below is the step-by-step guide to generate the Premium Paid Statement of your LIC policy. Take a look:

Step 1: Visit LIC's Customer Portal
Go to the LIC Customer Portal and click on Login.

Step 2: Register or Log In
New Users: Click on New User or Sign Up and provide:

• Policy Number

• Instalment Premium (from the policy bond)

• Date of Birth

• Mobile Number

• Email ID

Registered Users: Log in with your credentials.

Step 3: Navigate to Policy Tools

After logging in, select Policy Status from the menu.

Step 4: Select Premium Paid Statement
Click on Premium Paid Statement and enter the required details (policy number, premium frequency).

Step 5: Generate Statement
After verifying the details, click Submit to generate your statement.

Step 6: Download or Print
Save the PDF file for future reference, or print a hard copy.

How to Generate LIC Premium Paid Statement Offline?

If you cannot access the internet or generate your LIC premium paid statement online, you can visit your nearest branch office and request a copy of your statement. The branch staff will be able to generate the statement for you and provide you with a hard copy.

How to Register for LIC Customer Portal?

Registration Process:

Step 1: Visit LIC's Customer Portal Login Page.

Step 2: Click on Sign Up.

Step 3: Fill in the details such as:

• Policy Number

• Instalment Premium (without tax)

• Date of Birth

• Mobile Number and Email ID

Step 4: Create a secure password following LIC's password guidelines.

Step 5: Confirm registration via email verification.

How To Register for LIC Premier Services?

For additional services like address changes or online loan requests:

Step 1: Log in to the Customer Portal.

Step 2: Go to Service Request > Premier Service Registration.

Step 3: Follow the steps:

• Fill and sign the registration form.

• Upload scanned copies of the form and KYC documents.

• Submit and track your request online.

Tips for generating LIC premium paid statement

• Keep Policy Details Handy: Make your policy details available before starting the process. This includes your policy number, premium amount, and premium payment frequency. Having this information at hand will speed up the process.

• Use a Secure Internet Connection: Ensure you have a secure and stable Internet connection while accessing the customer portal. This minimizes the chances of errors or disruptions during the process.

• Verify Information: Double-check entries to avoid discrepancies, especially for term insurance policies. Accuracy is essential, especially when using this document for income tax purposes.

• Save Regularly: When generating your LIC online payment statement, save the document regularly. This can be particularly helpful if you encounter any technical issues or disruptions.

Wrapping Up

Accessing your LIC premium paid statement has never been simpler. With user-friendly online and offline options, you can retrieve your statements quickly for tax filings, loans, or personal tracking. Stay proactive, keep your policy active, and keep your financial records up-to-date.

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