About Life Insurance Corporation of India

The Life Insurance Corporation of India (LIC) is an Indian public sector life insurance company headquartered in Mumbai. It is India's largest insurance company and its largest institutional investor with total assets under management worth Rs. 54.52 lakh crore (US$640 billion) as of March 2025. It is under the ownership of Government of India and administrative control of the Ministry of Finance.

LIC reported 290 million policyholders as of 2019, a total life fund of Rs. 28.3 lakh crore (US$401.87 billion). The company also reported having settled 26 million claims in 2018–19. It ranked 98th on the 2022 Fortune Global 500 list with a revenue of Rs. 7,75,283 crore (US$98.63 billion) and a profit of Rs. 4,415 crore (US$561.67 million). To know more visit their official website – Click here.

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Step-by-step guide to buy Life Insurance Corporation of India plans

  • Step 1

    Step 1

    Click here to open our online application form.

  • Step 2

    Step 2

    Enter the required details – amount you want to invest, name, date of birth, and contact number.

  • Step 3

    Step 3

    Choose your preferred plan from the list of products shown by clicking ‘Buy Now’.

  • Step 4

    Step 4

    Our representative will call you back and explain the products available for you to take an informed decision.

Documents required to buy a Life Insurance Corporation of India policy

Here's a list of documents required to buy a Life Insurance Corporation of India policy.

  • Age proof, such as birth certificate, passport, Aadhaar card etc.

    Age proof, such as birth certificate, passport, Aadhaar card etc.

  • Address proof, such as Aadhaar card, telephone bill, electricity bill, ration card

    Address proof, such as Aadhaar card, telephone bill, electricity bill, ration card

  • Identity proof, such as Voter's ID, passport, driving licence

    Identity proof, such as Voter's ID, passport, driving licence

  • Passport-sized photograph
  • Medical reports (as applicable)
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How to raise a claim with Life Insurance Corporation of India

Follow these steps to raise claim requests for Life Insurance Corporation of India.

  • Step 1 – Inform LIC

    Step 1 – Inform LIC

    Visit the servicing LIC branch where the policy is maintained or you can also contact your LIC agent.

    You may also call the LIC helpline: 022-6827-6827

  • Step 2 - Submit the required documents

    Step 2 - Submit the required documents

    Submit the necessary documents along with the duly filled claim form online or to the nearest branch of the insurer.

  • Step 3 - Claim assessment and settlement

    Step 3 - Claim assessment and settlement

    You can track claim status online at: https://licindia.in/Customer-Services

Documents required for raising a death claim

Here’s the list of documents you need to raise a death claim against your LIC policy

  • Original policy documents

    Original policy documents

  • Attested copy of death certificate issued by the local municipal authority

    Attested copy of death certificate issued by the local municipal authority

  • Death claim intimation form

    Death claim intimation form

  • NEFT mandate form attested by bank authorities or copy of cancelled cheque or bank account passbook

    NEFT mandate form attested by bank authorities or copy of cancelled cheque or bank account passbook

  • Nominee's photo identity and address proof such as a copy of Passport, Voter identity card, Aadhaar (UID) card, etc.

    Nominee's photo identity and address proof such as a copy of Passport, Voter identity card, Aadhaar (UID) card, etc.

  • FIR copy or post-mortem report in case of an accidental/unnatural death

    FIR copy or post-mortem report in case of an accidental/unnatural death

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Documents required for raising a critical illness claim

Here’s the list of documents to raise a critical illness claim against your LIC policy.

  • Attested copies of medical records/ indoor papers of the hospital

    Attested copies of medical records/ indoor papers of the hospital

  • Critical illness claim form

    Critical illness claim form

  • Hospital discharge summary

    Hospital discharge summary

  • Original policy document

    Original policy document

  • Hospital bills

    Hospital bills

  • NEFT mandate form attested by bank authorities or copy of cancelled cheque or bank account passbook

    NEFT mandate form attested by bank authorities or copy of cancelled cheque or bank account passbook

  • Claimant's photo identity & address proof such as a copy of Passport, Voter identity card, Aadhar (UID) card, etc.

    Claimant's photo identity & address proof such as a copy of Passport, Voter identity card, Aadhar (UID) card, etc.

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Documents required for raising a disability/hospitalisation claim

Here’s the list of documents to raise a disability/hospitalisation claim against your Life Insurance Corporation of India policies.

  • Attested copies of medical records/ indoor papers of the hospital

    Attested copies of medical records/ indoor papers of the hospital

  • Disability benefits claim form

    Disability benefits claim form

  • Hospital discharge summary

    Hospital discharge summary

  • Hospital bills

    Hospital bills

  • Original policy document

    Original policy document

  • NEFT mandate form attested by bank authorities or copy of cancelled cheque or bank account passbook

    NEFT mandate form attested by bank authorities or copy of cancelled cheque or bank account passbook

  • Claimant's photo identity and address proof such as a copy of Passport, Voter identity card, Aadhar (UID) card, etc.

    Claimant's photo identity and address proof such as a copy of Passport, Voter identity card, Aadhar (UID) card, etc.

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Contact Life Insurance Corporation of India

For queries related to the policy, claim settlement and other related information, you can contact the insurer in the following ways:

  • Write an email at: co_complaints@licindia.com
  • Call Life Insurance Corporation of India at: +91-22-68276827 or Whatsapp on +91-8976862090

Frequently asked questions

How can I check my LIC policy status?

You can check your LIC policy status by logging into the LIC e-Services portal or using the LIC mobile app. Simply register with your policy details to view premium due dates, maturity status, loan eligibility, and other updates online anytime, without visiting a branch.

What are the ways to pay LIC premiums online?

LIC makes premium payments simple with multiple digital options. You can pay through the LIC portal, mobile app, net banking, debit/credit cards, UPI, or authorised wallets. Online payments ensure instant confirmation and hassle-free transactions, helping you stay on track with your policy without missing deadlines.

What is the full form of LIC?

LIC stands for Life Insurance Corporation of India. Established in 1956, it is India’s largest life insurance company, trusted for its wide range of life insurance, pension, and investment products that provide financial protection and long-term savings solutions for millions of families across the country.

How can I get an LIC tax certificate online?

You can download your LIC tax certificate directly from the LIC e-Services portal or mobile app. After logging in, select “Tax Certificate” under policy options, choose the financial year, and download the document. This certificate helps you claim tax deductions under Section 80C while filing returns.

How do I download an LIC premium receipt?

To download a premium receipt, log in to the LIC online portal or use the LIC mobile app. Under “Policy Services”, select “Premium Paid Statement” or “Receipt Download”. You can then view and download receipts for paid premiums, which are valid for tax and record-keeping purposes.

Is LIC a government company?

Yes, the Life Insurance Corporation of India (LIC) is a government-owned entity. It was established by an Act of Parliament in 1956 and operates under the ownership of the Government of India. LIC remains one of the most trusted and reliable financial institutions in the country.Top of Form

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Disclaimer

T&C Apply - Bajaj Finance Limited (‘BFL’) is a registered corporate agent of third party insurance products of Bajaj Life Insurance Limited (Formerly known as Bajaj Allianz Life Insurance Company Limited), HDFC Life Insurance Company Limited, Life Insurance Corporation of India, Bajaj Allianz General Insurance Company Limited, SBI General Insurance Company Limited, ACKO General Insurance Limited, ICICI Lombard General Insurance Company Limited, HDFC ERGO General Insurance Company Limited, Tata AIG General Insurance Company Limited, The New India Assurance Company Limited, Cholamandalam MS General Insurance Company Limited, Niva Bupa Health Insurance Company Limited , Aditya Birla Health Insurance Company Limited, Manipal Cigna Health Insurance Company Limited and Care Health Insurance Company Limited under the IRDAI composite CA registration number CA0101. Please note that, BFL does not underwrite the risk or act as an insurer. Your purchase of an insurance product is purely on a voluntary basis after your exercise of an independent due diligence on the suitability, viability of any insurance product. Any decision to purchase insurance product is solely at your own risk and responsibility and BFL shall not be liable for any loss or damage that any person may suffer, whether directly or indirectly. Please refer insurer's website for Policy Wordings. For more details on risk factors, terms and conditions and exclusions please read the product sales brochure carefully before concluding a sale. Tax benefits applicable if any, will be as per the prevailing tax laws. Tax laws are subject to change. Tax laws are subject to change. BFL does NOT provide Tax/Investment advisory services. Please consult your advisors before proceeding to purchase an insurance product. Visitors are hereby informed that their information submitted on the website may also be shared with insurers. BFL is also a distributor of other third party products from Assistance Services providers such as CPP Assistance Services Pvt. Ltd., Bajaj Finserv Health Ltd. etc. All product information such as premium, benefits, exclusions, sum insured, value added services, etc. are authentic and solely based on the information received from the respective insurance company or the respective Assistance service provider company.

Note – While we have made all efforts and taken utmost care in gathering precise information about the products, features, benefits, etc. However, BFL cannot be held liable for any direct or indirect damage/loss. We request our customers to conduct their research about these products and refer to the respective product’s sales brochures before concluding their sale.

**Above illustration considering Male | Standard Life | Premium Amount ₹834| Premium Payment mode – Monthly mode | Age 18 years | Sum assured is 10 times of Annualized premium. | Policy term 15 years| Premium payment term 7 years| Sum Assured on Death (at inception of the Policy) ₹1,00,000 | Premium shown above is exclusive of any extra Premium, rider Premium, Goods & Service tax/any other applicable tax levied, subject to changes in tax laws if any | Assuming the policy holder survived till end of policy term.

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The Guaranteed benefits are dependent on policy term, premium payment term availed along with other variable factors. For more details please refer to sales brochure.

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As per LIC report FY 2024-25