How to Buy LIC Policy Online Without an Agent – A Complete Guide
Looking to secure your future without depending on a middleman? Buying a Life Insurance Corporation (LIC) policy online is simple, secure, and smart. Whether you want a term plan, ULIP, or pension policy, LIC’s digital platform makes the entire process seamless.
This guide will walk you through each step, help you choose the right policy, and show how to complete everything online—without an agent.
Save time. Avoid paperwork. No commission cuts. 100% Genuine Policies.
Why Buy LIC Policy Online?
LIC is India’s most trusted life insurance brand, and now you don’t even need to visit a branch or deal with an agent. With just a few clicks, you can:
- Explore all available LIC plans
- Use premium calculators
- Upload documents digitally
- Make online payments
- Get policy instantly in your email
Policies You Can Buy Online Without an Agent
Not all LIC policies are available for direct online purchase, but many popular ones are. Here are some examples:
Plan Type | Policy Name | Ideal For | Available Online |
---|---|---|---|
Term Plan | LIC Tech Term | Working individuals | Yes |
ULIP | LIC Nivesh Plus | Investors | Yes |
Endowment | LIC New Jeevan Anand | Long-term savers | No |
Pension | LIC Saral Pension | Retirement planners | Yes |
Child Plan | LIC SIIP | Parents | Yes |
Step-by-Step Guide to Buy LIC Policy Online Without an Agent
Step 1: Visit the Official LIC Website
- Go to www.licindia.in
- Click on the “Buy Policy Online” tab in the menu
Step 2: Explore and Choose a Plan
- Select from Term Insurance, ULIP, or Pension
- Use the premium calculator to estimate monthly/annual payments
- Compare key features like sum assured, return options, lock-in periods
Step 3: Start Online Application
Click on “Buy Online” under your selected plan, and you’ll be redirected to the application form.
Step 4: Fill Personal Details
You’ll be asked to provide:
- Full name, gender, date of birth
- Mobile number and email
- PAN, Aadhaar, and address details
Step 5: Upload Required Documents
Prepare scanned copies of:
- Aadhaar card
- PAN card
- Income proof (for higher cover amounts)
- Photograph
Tip: Keep all documents under 200 KB for smoother upload.
Step 6: Make Premium Payment
- Choose your payment mode: Net Banking, UPI, Credit/Debit Card
- Once payment is done, you’ll receive a confirmation
Step 7: Policy Issuance
- After verification, you’ll receive your e-policy via email
- You can also access it anytime from LIC’s e-services portal
Frequently Asked Questions (FAQs)
Is it safe to buy LIC policy online?
Yes. LIC’s official website is secure and follows all IRDAI guidelines.
Can I still talk to someone if I need help?
Absolutely. LIC has a helpline and chat support. Or better, consult an authorized agent if you’re confused about what to buy.
What if I make a mistake in the application?
LIC allows you to correct minor details before the policy is issued. You can also cancel during the free-look period (15 days).
Quick Tips for Buying Online
- Use only the official website to avoid scams.
- Always download the brochure and read terms carefully.
- Check if the plan offers riders (accident, critical illness).
- For tax saving, download 80C premium receipt after purchase.
When Should You Buy Which Policy?
If you’re confused between term, ULIP, and pension, here’s a simple table:
Age Range | Must Buy | Optional Buy |
---|---|---|
18 – 25 | Term Insurance | ULIP (for savings) |
26 – 35 | Term + ULIP | Pension (early start) |
36 – 45 | Term + Pension | ULIP |
46 – 55 | Pension + ULIP | Term (if no cover) |
55+ | Pension Only | – |
Final Word
Buying a LIC policy online without an agent gives you full control, saves you money, and is 100% secure. Whether you’re 25 or 55, there’s always a plan for your needs and stage of life.
Need help choosing the best policy for you?
I’m a trusted LIC advisor based in Gurgaon.
Contact me for free personalized advice or help with claim/paperwork.