One can invest in a life insurance policy at any point of time in life, however, purchasing one early is advisable. Life insurance policies offer multiple benefits such as long-term care riders, premium waivers, loans, and so on. With the advancement of the digital media, it has become quite simple to purchase a life insurance policy online, without the help of agents or brokers.
Moreover, one can also compare the premiums and features of multiple life insurance policies on the online portal of LIC before investing in one. Not only restricted to purchasing, the online feature provided by LIC helps individuals accomplish a number of tasks in no time. One of these tasks is locating the policy number of the policy, in case it has been forgotten or cannot be located.
There are a number of reasons why a policyholder might forget his/her policy number. However, relocating the accurate policy number is not a hassle, owing to the availability of plenty of retrieval options. It is imperative for the policyholder to use the correct name (that was provided during the purchase of the policy) while attempting to retrieve the policy number. The format used during the purchase of the policy also must remain the same along with the birthdate of the policyholder.
Retrieval Through the LIC Portal:
While creating an account on the website of LIC, the policyholder is required to provide his/her own credentials. The same (credentials) can be used to locate one’s policy number. Simply log into the LIC portal using the accurate credentials, and your policy number will be displayed on your account webpage.
Retrieval Through LIC Agent:
This step is considered to be the simplest and most efficient of all. By logging in on the agent’s portal on LIC, an agent can easily recover a policyholder’s policy number in no time. The policyholder will only be required to provide the agent with his/her full name and birthdate.
Retrieval Through the Home Branch:
In case the policyholder does not have a digital profile on the LIC portal, he/she can recover the policy number by visiting the LIC branch from where the policy was bought in the first place. LIC officials will commence the process by first verifying the nature of the request. Once the verification has been completed, they provide the requested policy number to the policyholder. An important factor here is that since the policyholder’s data is confidential and he/she has no online presence, LIC will not be able to recover the information through the online mode. They (LIC officials) will be liable to manually check the policyholder’s policy number and intimate them accordingly.
Retrieval Through Any LIC Branch:
In case the policyholder is unable to visit his/her home branch, he/she can visit any LIC branch and request for the policy number by providing his/her full name and birthdate.
Tips to Refrain from Such Complex Situations:
- The policyholder must keep a record of all the details and information related to his/her LIC policy.
- The policyholder must keep his/her family updated with the insurance related information.
- The policyholder must make an active effort to keep his/her contact information updated in all LIC policies.
- The policyholder must track the existing policies on a regular basis to stay updated.
Keeping a policy document safe and secure must be the top priority of all policyholders.