CLAIM REPORTS

Posted on September 22, 2022Categories blog   Leave a comment on CLAIM REPORTS

The claim settlement ratio of private insurers was 97.02% in 2020-21 as compared with 97.18% in 2019-20. Data from Insurance Regulatory and Development Authority of India annual report for the year 2020-21 show that for individual life insurance, insurers paid death claims to 10.84 lakh policies as against 11.01 lakh claims. The number of claims repudiated — a claim that has been processed and is found unpayable — was 9,527 for an amount of Rs 865 crore and the number … Continue reading “CLAIM REPORTS”

LIC Login New User:

Posted on May 30, 2021May 31, 2021Categories blog, knowledge   Leave a comment on LIC Login New User:

New users will have to register on the LIC portal if they wish to log in. The procedure to register is as follows: Visit the LIC website (www.licindia.in) Locate the ‘Online Services’ box on the left hand side of the page and click on ‘Customer Portal’. You will be re-directed to the ‘LIC e-Services’ page where you will have to click on ‘Registration for e-Services’ under the ‘Functionalities Offered’ section. There will be two blocks – one which says ‘Registered … Continue reading “LIC Login New User:”

LIC Login Procedure

Posted on May 30, 2021May 30, 2021Categories blog   Leave a comment on LIC Login Procedure

LIC e-Services is a portal to access on demand services with a few clicks. Policyholders can register for free on this platform and access online many of the functionalities that were only available at branches earlier. Individuals can only register for the policies that are in their own name or in the name of their minor children. Once the children turn 18, unique user IDs will have to be created if they wish to continue availing the e-services for the … Continue reading “LIC Login Procedure”