Insurance – Lichelpline https://lichelpline.com Just another WordPress site Thu, 24 Aug 2023 17:02:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 LIC E Nach https://lichelpline.com/lic-e-nach/ https://lichelpline.com/lic-e-nach/#respond Sun, 23 Jul 2023 08:24:01 +0000 https://lichelpline.com/?p=5280 LIC E Nach

In LIC policies when a customer opt for monthly mode, he has to connect his bank to LIC so that his policy premium can be directly debited from the bank.  To link his bank with his LIC policy he need to complete the process of Nach or E-Nach. Nach is physical process where one has to fill the NACH form and along with bank proof ( A cancel cheque with a name on it or passbook or bank statement should be attached alongwith it) and Id proof (any one of Pan/adhaar/DL/Voter Id/Passport etc.) he has to submit it in the home branch. Note that Nach form should be taken from the branch, copy, printout etc will not be considered. The process of filling the nach form is given below.

Physical Nach form filling instructions
Physical Nach form filling instructions

 

Whereas LIC E Nach is an online process with which LIC policyholder can connect his bank account to his policy. The LIC E Nach process and other resources are available here.

 

Clicnk on the following link and it will take you to the LIC official site where all the formalities are need to be completed. Click ->  LIC E Nach Link for the official website

Before starting the process of E Nach one has to ensure the following things.

  1. His bank should be in the list of the live API banks which offer E Nach  facility for LIC policies. The list can be downloaded by clicking on the following link  -> List of live banks for E Nach.
  2. The LIC policyhoder who want to connect his LIC  policy to his bank through E Nach should have Debit card or Interenet banking to verify the bank account.
  3. The LIC policyholder should also keep the premium receipt alongwith him handy so that all the relevent information regarding his LIC policy number, LIC premium without GST etc should be ready with him.
  4.  LIC E nach will be processed only if all the previous premium dues should be paid and next premium due should not be within 16days. Then only E Nach can be process for an exisiting policy.

If all the above details and points are followed then one can register his existing policy with LIC.

 

For new LIC policy, LIC E Nach can also be opted at the time of taking LIC policy. With the proposal form the LIC prospect should provide the bank proof ( A cancel cheque with a name on it or passbook or bank statement showing Bank name, account number IFSC code or MICR code) and should sign the E Nach mandate form lying with LIC agent.  Click here to download the LIC E Nach Mandate form.

LIC E NACH
LIC E NACH

In the new policy also the agent and the prospect should ensure that the bank of the customer should be in the list of live API banks so that E Nach can be successful. Once the policy is issued then a message from LIC is recieved by the customer on mobile and email id and he has to verify his bank details by providing all the relevent information. Once this process is done, the LIC policy will be connnected to the customer bank and future premium will be debited from the bank at the due date automatically.

The point here to be noted that at the time of taking a new LIC policy, the agent should take two monthly premium initially from the LIC prospect. So that in case there is delay in process of E Nach, his policy remain inforced and should not lapse. Because in monthly mode policy, the policy lapses after 15days if the preium is not paid timely.

 

 

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Be an LIC ADVISOR : Join LIC as an Advisor https://lichelpline.com/be-an-lic-advisor-join-lic-as-an-advisor/ https://lichelpline.com/be-an-lic-advisor-join-lic-as-an-advisor/#comments Tue, 08 May 2012 02:26:21 +0000 http://lichelpline.com/blog/?p=229

Join LIC as an Advisor

LIC is the biggest Life Insurance Company in India. As per the current figures more than 14,00,000 people are associated with LIC as an agent ( or advisor).  People from well known families have joined LIC as an advisor. Ritu Nanda ( D/O Raj Kapur), Ragini Yadav (D/O Lalu Yadav), Abhishek Bachan are few names who have joined LIC as an agent.

Click here to Join LIC as LIC advisor

Why people join LIC as an advisor?

This is the profession where one can have lot of freedom & earning. It is said about LIC advisor that they can write their own cheque.

Attractive Remuneration We offer one of the best remuneration systems in the industry that not only takes care of your current earnings, but also guarantees an earning for the future. What’s more, you can set your own income targets with a potential to earn as much as you want for the rest of your life. Income Remuneration and Growth – In case you wish to have a long term association with the Corporation, the career as an agent provides you with income which grows in high proportions. Growth in income may go up to 50% per year depending upon volume of business secured by you.

Sky is the limit for your income. This apart, the career has a provision of benefits* or payments like (1) Gratuity (2) Terms Assurance (3) Hereditary commission payable to the heirs (*Conditions apply).

Click here to Join LIC as LIC advisor

Independence As an Agent, you will be a true entrepreneur. You have the freedom to be your own boss: work for yourself, choose your own clients and make your own money. All of this, without your having to make any initial capital investment.

Rewarding Career You will help people realise their dreams by fulfilling their financial goals. The difference you make to their lives is more rewarding and satisfying than you could ever imagine.

Working Hours: Part time /Full time (Decide your own working Hours)

Click here to Join LIC as LIC advisor

Full Range Of Products And Services You can offer your customers over 50 product combinations of our unique Products and Riders, to help them meet all their financial goals.

No investment A one in a million opportunity!

Who Can Work with LIC as LIC Agent: College Boys/Girls, Businessmen, Chartered Accountants (C.A.s), C.S, Housewives, Retired persons, Software Professionals, Bankers, Call Center Employees, Teachers, Consultants, Marketing and sales persons etc.

Eligibility for LIC Agent: Minimum Educational Qualification: HSC (12th Pass for Urban Area) Minimum Age: 18 Years (No Upper Age Limit)

Document Required: 6 colour passport size photo. Photocopy of Age proof Photo copies of educational certificates. Address Proof. Photocopy of Pan Card.

Click here to Join LIC as LIC advisor

Procedure to become an LIC agent LIC Agent Training: 50 hours training covers all aspects of Life Insurance Business. After successful completion of training you will have to sit for Pre-Licensing examination conducted by the Insurance Regulatory and Development Authority (IRDA). After successful completion of the examination you will awarded a License by the IRDA to work as an insurance agent. You will be appointed as an agent by the Our Branch Office and you will be a part of the team under Development Officer.

Click here to Join LIC as LIC advisor

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