How can I pay premium of my policy?
A] At Cash Counter of LIC (International) branch office
Premium can be paid at Cash Counter of LIC (International) branch office by cash (in local currency or USD) / by Cheque. Cheque should be drawn in favour of LIC (International) only.
B] Transfer directly to bank accounts of LIC (International)
Premium amounts can also be transferred directly to bank account of LIC (International) in the respective country through Telex Transfer. The Policy Number, Mobile Number and Purpose of Remittance has to be mentioned on transfer advice and the scanned copy of transfer advice has to be sent to email-id of the respective branch for tracking and adjustment of remittance towards the policy. Please ensure that total required amount is credited to the bank account of LIC (International).
Details of bank account of LIC (International) for effecting Telex Transfers:
- BAHRAIN
| Account Name: Life Insurance Corporation (International) B S C (C) | ||
| Currency | Bank Account Details | |
|
Bahraini Dinars (BHD) (Conversion rate from USD to BHD is 0.378) |
1 | National Bank of Bahrain, Account Number: 99024810
IBAN: BH23 NBOB00000099024810, SWIFT Code: NBOBBHBM |
| 2 | Bank of Bahrain and Kuwait, Account Number: 100000294868
IBAN: BH64BBKU00100000294868, SWIFT Code: BBKUBHBM |
|
|
US Dollars (USD)
|
1 | State Bank of India, Bahrain,Account Number: 02660026620001
IBAN: BH04SBIN02660026620001, SWIFT Code: SBINBHBM |
| 2 | National Bank of Bahrain, Account Number: 48523402
IBAN: BH18NBOB00000048523402, SWIFT Code: NBOBBHBM |
|
| 3 | Bank of Bahrain and Kuwait, Account Number: 100000294871
IBAN: BH80BBKU00100000294871, SWIFT Code: BBKUBHBM |
|
| After transferring the amount, kindly email the fund transfer receipt to: accts.bah-fin@licinternational.com or WhatsApp to 00973-38000788 along with policy number, mobile number for tracking and adjusting the remittance. |
- KUWAIT
| Account Name: Life Insurance Corporation (International) | |
| Currency | Bank Account Details |
|
Kuwaiti Dinars (KD) |
BURGAN BANK
KD Account No.: 023164106770014402000 IBAN Number : KW81 BRGN 0000 0000 0000 3160 0003 76 SWIFT : BRGNKWKW |
|
US Dollars (USD)
|
BURGAN BANK
USD ACCOUNT No: 023164106770024402000 IBAN Number : KW86 BRGN 0000 0000 0000 3101 0000 36 SWIFT : BRGNKWKW |
After transferring the amount, kindly email the fund transfer receipt to: rm.kuwait@licinternational.com or WhatsApp to 00965-99315881, alongwith policy number, mobile number for tracking and adjusting the remittance.
- OMAN
| Account Name: Life Insurance Corporation (International) | |
| Currency | Bank Account Details |
|
OMANI RIALS (OMR) |
BANK MUSCAT
ACCOUNT NO. : 0424-01520655-0012 |
After transferring the amount, kindly email the fund transfer receipt to: licoman@omantel.net.om or WhatsApp to 00968- 99266786, along with policy number, mobile number for tracking and adjusting the remittance.
- DUBAI & ABU DHABI (UAE)
| Account Name: Life Insurance Corporation (International) | |
| Currency | Bank Account Details |
|
United Arab Emirates Dinar (AED) (Conversion rate from USD to AED is 3.68) |
EMIRATES NBD (AED ACCOUNT)
ACCOUNT NO. : 1014150544101 IBAN NO : AE410260001014150544101 SWIFT CODE : EBILAEAD |
| US Dollars (USD) | EMIRATES NBD ( USD ACCOUNT)
ACCOUNT NO. : 1024150544102 IBAN NO : AE490260001024150544102 SWIFT CODE : EBILAEAD |
After transferring the amount, kindly email the fund transfer receipt to: mail@licinternationaluae.com or WhatsApp to 00971-505498401, alongwith policy number, mobile number for tracking and adjusting the remittance.
How do I know that insurance premiums are due?
LIC (International) sends premium notice by post and also sends premium alert messages mentioning the due dates, premium amount, late fees etc. to the registered mobile number / email-id of policyholder.
Alternatively, to know more details about your policies, kindly log on to our Customer portal at www.licinternational.com or download “LIC Intl” Mobile App (from Google Play/App Store) and register yourself by providing Policy Number, Date of Birth and Premium Amount in USD of any one of your policies. On successful registration, you will receive log in credentials on your registered mobile number wherein the first 2 characters “PO” in Policyholder Code are alpha and not numeric.
How the Premium Receipt will be issued?
When premium amount is paid at Cash Counter of LIC (International) branch, the premium receipts will be generated and handed over to the payee immediately. In case of Telex Transfers / remittance at Bank counters, the premium receipts are sent by post to the registered address mentioned in the policy records.