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So, what do you mean by LIC Merchant portal? Have you ever thought of paying a LIC premium through the LIC Merchant portal? Read on to know all about it in this post.
LIC Merchant is a trustworthy and reliable source to pay LIC premiums as these merchants are appointed by LIC of India. Further, to make it an efficient and hassle-free premium payment, LIC of India has developed a ‘Merchant Portal’ where every task related to premium collection is carried on through online mode. The merchants collecting the LIC premiums can login to the merchant portal to carry on functioning smoothly.
An LIC merchant is a person who is registered with LIC or the Life Insurance Corporation of India. They are appointed as trustworthy and licensed professionals of the corporation and are given the responsibility to improve the customer service of the company in their role as LIC merchants. These merchants are expected to enhance the experience of customers while selecting and buying LIC policies as well as making payments of LIC premiums.
The best thing is that these merchants are trained by LIC and they work through the LIC Merchant Portal to make things hassle-free for the customers. These professionals shoulder the responsibility of collecting premiums from customers on behalf of the corporation with the help of the portal. They also update other details related to policies via various LIC merchant tools.
As mentioned above, LIC merchants, who work on behalf of the Life Insurance Corporation (LIC) of India, work closely with the LIC customers with the help of the LIC Merchant Portals. The LIC merchant portal is a digital platform used by the LIC merchants to collect LIC premiums from customers.
A unique ID and password is given to each LIC merchant. The credentials are used by the merchant to log in to the portal to get registered. This portal allows a LIC merchant to access every detail related to LIC policies including policy details, nominees, surrender value, loans, etc., of their customers and LIC policies.
Read on to learn the steps to log in to the LIC merchant portal to perform various policy-related tasks.
LIC Merchant Portal, also known as LIC Agent Portal, performs several functions. The key function among others is to lower the burden or hassle of LIC customers. The portal aims to allow customers to stay abreast of the different LIC systems. The corporation keeps the portal updated with the recent updates about LIC policies and other details. The portal also allows customers to know about the latest LIC products on offer. Hence, the portal eases the tasks of LIC merchants and enhances their LIC policy selling experience.
Here are some functions performed by the LIC Merchant portal:
LIC Merchants are people who are appointed by Life Insurance Corporation of India. These merchants are supposed to collect LIC premiums for life insurance and health insurance offered by LIC. Hence, these merchants serve as a connection between the LIC policyholders and the company.
The LIC Merchant Portal is a premium collection portal where LIC merchants can login to carry on the premium payment tasks. To login to the portal, a user can use his/her User ID and Password.
Besides collecting premiums, the portal is also used by merchants to view and modify details using various tools available there.
The post contains details on the way the portal runs and how one can login to the merchant account. However, a user would require a login ID and password to login to the merchant account. If you have created and forgot the password of your account, you can follow the steps below to recover the password and login
LIC is a trusted name in India and LIC merchants are trusted by customers to resolve their issues and help them buy the best LIC policies. Being an LIC merchant allows individuals to earn a good income by selling policies. However, there are certain criteria to qualify to become a LIC merchant as mentioned below:
Here are the steps to recover the password of your LIC Merchant Portal:
The password of the LIC Merchant Portal needs to be updated regularly for security reasons. If you want to know the steps to generate a new password for your Merchant portal, here are the steps:
If the merchant forgets his/her password, the person can recover it by following the below steps:
You can use your account ID and password to login to the merchant portal freely as mentioned below.
Below are the steps to login to the LIC Merchant portal easily:
To make premium payments through Merchant portal, a user requires an OTP that is sent to your email ID. Hence, OTP and email ID are absolute necessary details that are required to handle a LIC Merchant portal account. If you don’t have an email ID or you haven’t updated it, you may not receive the OTP.
Here are the steps to follow to update Email ID and to get OPT for easy handling of LIC Merchant portal:
If LIC customers have any issues and wish to complain against the corporation, they can do so by writing the concern to the ‘Complaints Section’ of the LIC Merchant portal. Here are the steps to do so:
If LIC merchants face any issues entering the Merchant Portal, they can get in touch with the customer care that deals with the LIC merchants.
Here is the information:
Email ID:
Toll-free Number
To conclude
LIC Merchant login Portal is an easy way to pay premiums and enjoy the benefits of LIC Life and Health plans in India. If you have any query related to the same or need any clarification, you can call or send an email to the customer care to get a clear idea.
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Yes, the LIC merchant premium collection portal is a guaranteed secure gateway for making merchant LIC premium payments.
Yes, you can easily change the password by following the steps mentioned in the post above.
Yes, it is necessary to have an email ID as you receive an OTP in your email without which it will be difficult to make payment through the LIC Merchant Portal login.
If you forget your password you can request for a new one by following the steps mentioned above. Alternatively, you can also call at 022-67090501/ 022- 67090502 or email at agent_support@licindia.com/ dev_support@licindia.com
Yes, you can call at 022-67090501/ 022- 67090502 or email at agent_support@licindia.com/ dev_support@licindia.com
You can reach the official portal by visiting http://www.licindia.in/
Yes, LIC merchants are officially appointed by the LIC of India.
Yes, it is important to change the password of the Merchant Portal regularly for security reasons.
They can contact the customer care of LIC of India which especially deals with LIC merchants. You can email them at agent_support@licindia.com and dev_support@licindia.com, or call them on the toll-free number 022-67090501, 022-67090502.
PayBima Team
PayBima is an Indian insurance aggregator on a mission to make insurance simple for people. PayBima is the Digital arm of the already established and trusted Mahindra Insurance Brokers Ltd., a reputed name in the insurance broking industry with 17 years of experience. PayBima promises you the easy-to-access online platform to buy insurance policies, and also extend their unrelented assistance with all your policy related queries and services.
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