Policyholders of LIC
- Enquire with your agent about new innovative plans devised by LIC.
- Intimate LIC of India your E-mail address, Telephone number, Mobile number, and Fax number for faster communication on matters relating not only to your policy services like premium reminders, and claim alerts but also to update you on new plans/ services being offered by LIC.
- Maturity proceeds can be reinvested in attractive products of LIC viz. investment-oriented products like LIC’s Market Plus, Profit Plus, LIC’s Bima Nivesh, Bima Bachat, or Pension Schemes like New Jeevan Suraksha, LIC’s Jeevan Akshay, etc.
- In case of any complaint, the full policy details with the name of the servicing branch may be provided for quick disposal of the complaint.
- LIC has launched an Enterprise Portal where policyholders can register and get information about their policy as well as the products of LIC on the portal itself.
- Make use of various services available with the help of Information Technology initiatives elaborated.
- Check the nomination status under the policy and intimate changes, if any, for speedy settlement of claims.
- Pay the premiums in time (wherever possible, using the facility of Metro/ Wide Area Network/ Internet/ Online Payment/ATMs of Corporation Bank and Axis Bank and ECS).
- Revive the policy in case it has lapsed, so that the valuable insurance cover is kept intact.
- Review periodically the insurance needs of self and the family so that adequate insurance protection is ensured.
How LIC policyholders can apply for an IPO
If you are a policyholder of the Life Insurance Corporation of India (LIC) and you want to apply for an initial public offering (IPO), you will need to follow the steps outlined below:
- Check if the IPO is open for subscription: Before you apply for an IPO, you should check if the IPO is open for subscription. You can check this information on the website of the company issuing the IPO or through a broker.
- Choose a broker: You will need to choose a broker to apply for the IPO. A broker is a person or firm that acts as an intermediary between buyers and sellers of securities. You can choose a broker based on the services they offer, the fees they charge, and their reputation.
- Open a Demat account: To apply for an IPO, you will need to have a Demat account. A Demat account is an account that holds your securities, such as stocks, in electronic form. You can open a Demat account with a depository participant (DP), such as a bank or a broker.
- Fill out the IPO application form: Once you have chosen a broker and opened a Demat account, you will need to fill out the IPO application form. The form will ask for your personal and financial details, as well as the details of the IPO you want to apply for.
- Submit the IPO application form: After you have filled out the IPO application form, you will need to submit it to your broker. You may also need to submit a cheque or other form of payment to cover the cost of the IPO shares you are applying for.
- Wait for the allotment: After the IPO closes, the company issuing the IPO will allot the shares to the applicants. You will receive a confirmation of the allotment from your broker. If you are allotted the shares, they will be credited to your Demat account. If you are not allotted the shares, your payment will be refunded.
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