LIC Premium Payment Registration Form Instructions
This document provides essential details for filling out the LIC Premium Payment Registration Form. It includes instructions for primary cardholders and outlines important fields. Ensure accurate information to facilitate premium payment authorization.
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How do I fill this out?
To fill out the LIC Premium Payment Registration Form, start by entering the personal details of the primary cardholder. Next, input the policyholder's information, including policy number and premium amount. Finally, review your entries for accuracy before submission.
How to fill out the LIC Premium Payment Registration Form Instructions?
1
Gather necessary personal information.
2
Fill in the policy details and premium amount.
3
Review the information for accuracy.
4
Sign the declaration section.
5
Submit the completed form as instructed.
Who needs the LIC Premium Payment Registration Form Instructions?
1
Individuals applying for LIC credit card.
2
Policyholders who wish to automate premium payments.
3
New clients of LIC seeking to register their cards.
4
Beneficiaries managing policyholder's premium payments.
5
Financial advisors helping clients with LIC services.
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What are the instructions for submitting this form?
To submit the completed LIC Premium Payment Registration Form, send it to LIC Cards Support at Axis Bank Ltd, 5th Floor, Solaris C-Wing, Opp. L&T Gate No. 6, Saki Vihar Road, Andheri (E), Mumbai - 400072. For immediate assistance, contact LIC Cards Customer Care at 18002331100. Ensure that all fields are filled accurately to avoid any processing delays.
What are the important dates for this form in 2024 and 2025?
Important dates for this form include policy renewal dates, premium payment due dates, and submission deadlines. Make sure to check specific dates for 2024 and 2025 to avoid lapses in your premium payments. Keeping track of these dates is crucial for maintaining your LIC policy benefits.
What is the purpose of this form?
The purpose of the LIC Premium Payment Registration Form is to facilitate the automated payment of premiums through the LIC credit card. By filling out this form, cardholders authorize LIC and Axis Bank to remit payments on their behalf, ensuring timely premium payments. This streamlines the payment process and helps prevent any lapses in coverage due to delayed payments.
Tell me about this form and its components and fields line-by-line.
- 1. Primary Cardholder Name: Enter the complete name of the primary cardholder.
- 2. LIC Card Number: Provide the unique number associated with the LIC credit card.
- 3. Mobile: Input a valid mobile number for communication.
- 4. E-mail ID: Enter the email address for correspondence.
- 5. Policy Number: State the policy number linked to the payments.
- 6. Premium Amount: Detail the premium amount to be remitted.
- 7. Declaration: Sign the declaration to authorize actions.
What happens if I fail to submit this form?
If you fail to submit this form, the auto-payment for your LIC policy will not be activated. This may lead to delays in premium payments and could result in a lapse of policy coverage. It is essential to ensure timely submission of this form.
- Delayed Premium Payment: Failure to submit can result in late payments affecting coverage.
- Loss of Coverage: Authorities may terminate coverage if premiums are not paid timely.
- Inconvenience: Not submitting may lead to manual payment efforts, increasing hassle.
How do I know when to use this form?
- 1. Automating Premium Payments: Set automatic payments using the LIC credit card.
- 2. Registering a New Policy: New policyholders need to complete this form for activation.
- 3. Updating Payment Information: Use this when changing bank or card details.
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What information is required to fill out this document?
You will need the primary cardholder's personal details and the policy information.
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Yes, our support team is available to assist you with any questions you may have.
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