13 Jun

How to Transfer LIC policy online | LIC Policy Transfer Online

To transfer your LIC (Life Insurance Corporation of India) policy online, you can follow these general steps:

Visit the official LIC website: Go to the LIC India website at licindia dot in

Register/Login: If you haven’t registered on the website before, create an account by clicking on the “New User” or “Register” option. If you already have an account, log in using your credentials.

Policy Transfer Option: Once logged in, navigate to the policy services section or look for an option related to policy transfers. The exact location may vary on the website’s layout, so you may need to explore different menus or use the search function.

Fill out the Transfer Form: Locate and fill out the policy transfer form. You will need to provide details such as policy number, policyholder’s information, transferee’s information, and any additional required information. Double-check all the entered details for accuracy.

Attach Required Documents: The policy transfer process typically requires supporting documents, such as an identity proof of the transferee, an endorsement form, and other necessary documents. Make sure you have scanned copies of these documents ready to upload.

Submit the Application: After filling out the transfer form and attaching the required documents, submit the application through the online portal. Take note of any acknowledgment or reference number provided after submission.

Verification and Approval: The LIC authorities will review your application and documents. They may contact you for any additional information or verification purposes. The processing time may vary, so it’s important to be patient during this stage.

Policy Transfer Confirmation: Once the policy transfer request is approved, you will receive a confirmation notification through email or SMS. The transferred policy will now be under the name of the new policyholder.

It’s important to note that the specific steps and requirements for transferring LIC policies online may vary depending on the policies and procedures implemented by LIC. If you encounter any difficulties or have specific questions regarding your policy transfer, it’s recommended to contact LIC customer support or visit your nearest LIC branch for assistance.