Change of mode of payment

To change the premium payment mode of your policy, the simple thing to do is to write a letter to the LIC branch manager from where you have got your LIC policy. This is how it usually works but currently, it is not possible for you to change the premium payment mode online.

What you should do?

You can either post a letter with your identity proof addressing to the branch manager or you can submit the documents to the branch in person.

Things to Take Care:

1– Please note that this will be done once in year just before making the payment due at the time of the anniversary of the policy.
2– As a rule, no alterations are entertained during the first policy anniversary.

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