Lic Change Of Address Online: Fill & Download for Free

Premium is lower in PLI and bonus is higher in PLI as compared to LIC. Just ask one question why PLI has not swamped the market despite this advantage. Something serious is amiss.First, it I not their bread and butter. So it is not a priority area for post offices. Had post offices changed with time, we would not shifted to couriers. They did change, but it is too late and too little. And to top it, just see the attitude of postal staff sitting in post office. They accept registered letters as if obliging you. Secondly, post office provides better rates of return, still we don't run to them for opening of our savings account no? Why?Now, they allows you to pay premium at any post office. Good. This post office will prepare a list of such premia received at month end and send it to their higher office. Till some time back all this operation was manual. Even today it may be manually done in most of the post offices. As usual prepare list in duplicate by putting a carbon etc. So, one mistake in on digit and you are doomed. You may have receipt, but till this money reaches higher office and is apportioned to your policy, it will be treated as unpaid. After 5 years you may realise that you have all the receipts still nothing much is being reflected in your policy.For any service like change of address, change of nominee etc, only their higher office can do anything. Lower post offices are literally post offices only.Hence if you are staying in Metro or Tier 1 cities, hopefully, PLI premium accounting services might have been computerised. Check carefully. If yes, go ahead and buy PLI. Pay premium at the same higher office. Don't pay premium at any other post office. Don't get your policy transferred to any other place for service.Compared to it, LIC’s whole system is online. It has huge network of office. LIC is accessible.During Kerala floods, LIC visited hospitals/Govt agencies to collect details of deaths. Ran it on their system to find out if person was insured. Agents pitched in with their list of customers. Then they reached out to nominees and paid claims cheque smoothly and swiftly. I read it in news papers. We never hear similar news about PLI.PLI is a typical example of a good product, missing out in market. It did not change with time in time . Just like Bata.Customer profile has changed long back. If you don’t change, well, customer has choices.

There are no benefits of getting an LIC policy without an agent.We Insurance Agents can save some premium by purchasing the policy under our own agency but we buy through other agents. It is because if we are admitted or no more, who would help our nominees/ parents to get the claim?The role of an Agents is to help the policyholder from filling the application form to getting him the maturity.Agent’s help is inevitable, helps increating awareness for life cover,getting all details of the said plan,taking care of paperwork,giving regular reminders,helping for change of nominee,Change of address,mode of payment change,Everyone thinks that these works are regular and the polic holder can take care but one cannot play the role of all. Doctor is charging separately other than medicines, Car mechanic is charging your other than car accessories.If policyholder is having enough awareness and their nominees are also capable of taking care of all procedures in the absence of their loved ones, online portals can be tired.Why LIC of India is still successful?It is because its agents go door to door in rural and urban areas and create trust before selling any plans. LIC of India also maintained its position due to its services and commitment.You can buy online but there no guarantee for quality.

To change a LIC BRANCH for your LIC POLICY is very easy.You have to write a request letter to LIC mentioning your 9 digits LIC policy number and better attach the photocopy of your policy(ies) you wants to transfer. This request should be sent to the current LIC branch.This will take around 15 to 45 days, depending upon case to case to transfer policy from one branch to another.There is no specific format for it. Simply write a letter in language you are comfortable to the branch manager of the current branch regarding to change the branch. Note: Do give the details of the new branch like branch no. and addressORYou can go directly go to the nearest LIC branch with the application and photocopy of the LIC policy.ORYou can also send a mail to the branch manager of old branch regarding the change of branch for your policy.The first method to know about the nearest office branch of LIC is to visit its official website. Once you visit its official web portal, you just simply need to enter your city name in an appropriate given space. After submitting the city name, you will get a list of LIC branch offices.After selecting an appropriate office branch of LIC, you need to search code list.Once you find the code of nearest LIC branch office, you need to enter the code in given space.Having submitted the code, you will get the complete information about the nearest LIC branch office in your locality.However, there is another offline method to know the branch code list. You can visit the nearest LIC office branch where you will be given an appropriate code list of all branches in the city.)Example: If the branch code is 115 then the branch mail will be [email protected] will I get to know that my policy has been transfered or not?For that you have to check out its status. Please check online and it will show which is your present servicing branch.ORYou can see on the premium receipt of your policy, there is SERVICE BRANCH IS MENTIONED on the top, that is your home branch now.