Questions

How long does it take to get LIC maturity amount?

How long does it take to get LIC maturity amount?

When a life insurance policy is about to mature, the service branch of LIC of India will send an advance maturity claim intimation letter to the policyholder usually before two months.

What happens if LIC maturity is not credited?

If LIC policy holder has not got any information or intimation about their maturity amount due or not received, then they must reach to their nearest servicing Branch, and If your are sure about meeting your Maturity date, then you can even go through Life Insurance Corporation of India Online to claim your maturity …

Can one claim maturity of LIC policy any time after the maturity date is passed?

In a life insurance policy with maturity benefits, the insured will be entitled to claim maturity benefits if he or she outlives the term of the policy. The insured is entitled to claim the maturity benefits only when the policy is in force and all premiums have been paid duly.

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When can we claim LIC maturity amount online?

LIC policyholders can submit maturity claim documents online till June 30, 2020. In case of Maturity Claim, the sum assured of the policy shall be upto 5 lakh.

How can I claim my LIC policy maturity?

Maturity Claims:

  1. It is our endeavour to settle your maturity claim on or before the due date.
  2. Please submit your Discharged Receipt in Form No.3825 with original policy document atleast one month before the due date so that the payment is received before the due date of maturity claim.

How do I claim a matured policy?

Maturity Claims: The servicing Branch usually sends maturity claim intimations two months in advance. Please submit your Discharged Receipt in Form No.3825 with original policy document atleast one month before the due date so that the payment is received before the due date of maturity claim.

How can I withdraw my LIC policy after maturity?

Mandatory Documents for Policy Surrender:

  1. Policy bond – the original copy.
  2. Printout of LIC policy surrender form No.
  3. A cancelled cheque from the policyholder’s bank.
  4. Policyholder will be required to utilise the LIC NEFT form, if above-mentioned form No.
  5. Proof of identification like Aadhaar card needs to be carried along.