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lic merchant


lic merchant

LIC merchants are agents who are affiliated with the IC and sell their policies to policy buyers. Once a policy buyer makes a purchase through an LIC merchant, they can access the system of the LIC and pay cash invoices

LIC merchants work for LIC, a public company that is ranked fifth in the world by life insurance gross written premium. The company has offices in twenty-four states across India and overseas, including Fiji, Mauritius, Bangladesh, Singapore, and Sri Lanka. LIC has over 2048 branches and 1,554 satellite offices and operates in more than 120 countries.


LIC merchants collect premiums from their customers through various methods. You can pay your premium in cash at LIC agents or pay through their customer portal. To login to the portal, you need your LIC user ID and password, your date of birth, and the preferred method of payment. Make sure that you are paying premiums for a valid policy. Premiums for policies under the Salary Savings Scheme cannot be paid online.