Need A Financial Product Forums Insurance When can someone pay the insurance premiums? When-can-someone-pay-the-insurance-premiums_REPLY

#47681
samkapoor77
Keymaster

On confirmation of the registration, LIC will regularly send the bills/invoices mentioning the due dates, premium amount, late fees, validity date, to the service provider/bank and when premium becomes payable under the registered policy, LIC sends the bills to the bank/service provider further for which the information will be displayed by the bank/service provider in your net-banking account page. After getting the information of the above, anyone can easily get to know when they are supposed to be paying premiums.