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Premium payment is the most essential thing to be done after buying a life insurance policy or health insurance policy from LIC of India. A hassle-free premium payment method is brought to the customers in the form of the LIC Merchant. The merchants are 100% authentic and trustworthy as appointed by the LIC of India.
For efficient and authentic functioning of premium collection, the LIC of India has provided a ’merchant portal’ where all the task needs to be performed online. The merchants need to login in to carry out the premium collection.
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Merchants are the individuals appointed and involved in premium collection. They act as a linkage between the policy buyers and the LIC of India. LIC Premium Collection portal is an online portal where the merchant’s login using their ID and password and follow the premium payment tasks.
The merchants can also view and update the details using merchant tools available on the portal other than premium collection.
We will be detailing how the portal functions and how one can log in to the account. But, to ’log in’ into the account, the foremost thing one needs is the ’Login ID’ and the password. There come times when one forgets the password of his/her account. In case one has forgotten the password then s/he need not worry because we have got a solution for the same:
In case of unavailability of password, the merchant can follow the below-mentioned steps:
After getting an email containing the new password all one can do is set a new password as per his/her convenience. To do the same one can follow further instructions.
For changing the password here are a few simple steps:
If one remembers the account ID and Password very well then s/he is free to login following the below-mentioned steps.
Here are the steps, one can follow to login easily:
OTP is an important detail while one is handling an account and if one has not updated the ’Email ID’ to get OTP then do not delay and follow these steps.
In case the LIC merchants face problems in login to the account then customer care assistance is always there to help them one can freely contact the customer care executive either on helpline number or through the mail. The details are as follows:
Call: 022-67090501/022-67090502
Email: agent_support@licindia.com / dev_support@licindia.com
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The LIC merchant portal is 100% safe and secure.
The password can be changed easily. The article contains all the steps that can guide you to change the password.
Yes, the email ID is a must for OTP and without OTP you can face a problem.
You can request a new password in case you have forgotten the password. The steps for the same have been explained above.
The LIC customer care representative can be contacted both through call and email. Call: 022-67090501/022-67090502 Email: agent_support@licindia.com / dev_support@licindia.com
Yes, the merchants work under the guidance of the LIC of India.
The email ID can be changed easily by following the steps mentioned in the article.
To reach out to the official site of LIC of India you can search by writing ’LIC of India’ or you can click on the link mentioned below: https://www.licindia.in/
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Naval Goel is the Founder and CEO of PolicyX.com (IRDA- Approved Insurance Comparison Website). He is a CFA charter holder (USA) and FRM (GARP). He holds an MBA from IIFT, Delhi, and is also an Associate from the Insurance Institute of India. Naval is an avid investor and entrepreneur who has a deep understanding of the Indian equity market and insurance sector. He has been investing for more than 10 years now and is a CFA charter holder.
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February 5, 2023
Asia/Kolkata
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