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LIC gives relief to policyholders, know- which month will get more time to deposit premium

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According to LIC, the policyholders of the company can also collect the premium of the policy with the help of net banking, debit card, credit card and payment apps like Paytm, PhonePe, Google Pay, Bhima, and UPI.

In view of the Corona crisis and the lockdown in the country, the Life Insurance Corporation of India (LIC) has given great relief to its customers. In view of the lockdown, the insurance company has announced a 30-day extension for the premium to be deposited in March and April 2020. LIC has given this information by issuing a statement.

On behalf of LIC it has been said that the grace period given for depositing the premium of February was ending on 22 March. This period has ben extended to 15 April.

The insurance company has said that policy holders can also pay their premiums through the insurance company’s digital payment options. For this, they will not have to pay any kind of service charge.

The company has also given the option to pay the premium through the app. The company has said that premiums can also b paid by downloading LIC Pay Direct Mobile App.

According to LIC

According to LIC, the policyholders of the company can also collect the premium of the. Policy with the help of net banking, debit card, credit card. And payment apps like Paytm, PhonePe, Google Pay, Bheem and UPI.

Policyholders can also pay the premium in all branches of IDBI and Axis Bank. Apart from this, insurance premiums can also b paid through common service centers working at the block level.

The insurance company has assured its policy holders about the claim. The company has said that the claim filed after the death due to. Covid-19 will b settled on an urgent basis.

Explain that during the last financial year, LIC had settled more than 7.5 lakh claims related to death.

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