What Is The Ideal Time To Renew My Life Insurance Policy?

The ideal time to renew a life insurance policy is before the expiry. Once the policy expires there would be no coverage to the insured, to prevent this life insurance policy should be renewed before expiry. In case you are not able to renew your life insurance policy before the expiry date, it is advisable to renew during the grace period which is provided by your insurance company. If the payment is not made for renewal during the grace period, then your life insurance policy will be lapsed.

How to Check Fund Value of LIC Life Insurance Policy Online?

To check the fund value of your LIC (Life Insurance Corporation of India) life insurance policy online, follow these steps:

  • Go to the official website of LIC.
  • If you have already registered on LIC’s portal, log in using your username and password. If you haven't registered yet, you may need to create an account.
  • Once you are logged in, navigate to the section that provides your policy details.
  • After accessing your policy details, there should be an option to view the fund value of your policy.
  • Additionally, you might be able to see the allocation of funds across different investment options if your policy offers multiple investment choices.

How to Download Life Insurance Policy Statement?

To download a life insurance policy statement, you typically need to follow the below steps.

  • Visit the official website of your insurance company.
  • Log into your account by providing your username and password.
  • If you haven't registered for an online account, you may need to create an account.
  • Once logged in, find the option to download or view your policy statement.
  • Verify that the document includes details such as policy coverage, beneficiaries, premiums, and any other relevant information.
  • Then click on the relevant button to download the policy statement.
  • If you encounter any issues, consider reaching out to your insurance company's customer support. They may be able to assist you in obtaining the necessary statements.

Can I Cancel My Tata AIA Life Insurance Policy within 15 Days?

Tata AIA Life Insurance Company offers a free-look period during which the policyholder can cancel the policy if they are not satisfied with the terms and conditions and receive a refund of premiums paid. The free-look period is usually 15 days to 30 days from the date of receiving the policy document.

Can I Cancel My Star Union Dai-Ichi Life Insurance Policy within 15 Days?

Star Union Dai-Ichi Life Insurance Company offers a free-look period during which the policyholder can cancel the policy if they are not satisfied with the terms and conditions and receive a refund of premiums paid. The free-look period is usually 15 days to 30 days from the date of receiving the policy document.

Can I Cancel My Shriram Life Insurance Policy within 15 Days?

Shriram Life Insurance Company offers a free-look period during which the policyholder can cancel the policy if they are not satisfied with the terms and conditions and receive a refund of premiums paid. The free-look period is usually 15 days to 30 days from the date of receiving the policy document.

Start Saving Money on Insurance Policy

Compare Life, Health, Car and Two wheeler Insurance rates from top Insurance companies for free.

1,000+ Reviews
Been Here Before?
Get Back to My Quotes

Please wait while your request is being processed.