Members of the Life Insurance Corporation of India can avail of services to enjoy long-term benefits. LIC is the largest insurer in India, offering many facilities like term insurance plans, endowment plans, pension plans, etc. Now you can link Aadhaar to LIC policy to accrue additional benefits.
Therefore, in this article, we have discussed the various benefits of linking Aadhaar with LIC and the procedure of doing so in a detailed format.
Hence, keep reading to know more about linking the Aadhaar card to LIC!
The biggest advantage of linking Aadhaar to LIC policies is accumulating all the policy details in one place that enables easy access. Further, the organisation will be able to identify the policyholders with their unique Aadhaar numbers.
As per the government’s rules, one should possess an Aadhaar card as it is a valid way of identifying an individual during financial transactions. Similarly, with the help of Aadhaar, one can buy policies as well.
Owing to that, it is vital to know everything about the procedure of linking Aadhaar with LIC policy online and offline.
Before learning about the online linking procedure, one should be aware of certain points. These points are as follows:
Now that you have considered the above factors, let us delve deeper into the linking procedure. Here is a step-by-step guide that will help you to accrue the benefits of linking Aadhaar with LIC:
Another way of updating Aadhaar details in your LIC account is by logging into your account and clicking on ‘Registered User’ to update Aadhaar card details.
In case you are not registered to avail of online services from your LIC account, you may follow the steps given below:
Other than this, you can also link your LIC policy with your Aadhaar card in offline mode.
If you do not possess a PAN and are wondering how to get the benefits of linking Aadhaar with LIC, you can visit your nearest LIC branches and follow these steps:
In addition to this, you can link your Aadhaar with lapsed policies in case of defaults in payments. In case you opt for an offline linking procedure, mention your policy number in the Aadhaar mandate form.
Further, if you wish to link multiple policies with your Aadhaar, you can do so by applying for the link all at once. This is convenient for both online and offline linking procedures as you need not fill out multiple forms and save time in the process.
Now let us know about the advantages of linking LIC with your Aadhaar.
Although linking Aadhaar with LIC is not mandatory, it offers a range of benefits as follows:
Therefore, it is evident that the benefits of linking Aadhaar with LIC can enhance a policyholder’s financial condition by reducing the chances of unethical activities.
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