How to Check No Claim Bonus and Accrued Bonus on LIC Policy Online

Managing and keeping track of your insurance and policy bonuses is crucial for making informed decisions and maximizing benefits. In this guide, we’ll walk you through the process of checking your No Claim Bonus (NCB) online and how to view the accrued bonus on your Life Insurance Corporation (LIC) policy.

How to Check No Claim Bonus Online

A No Claim Bonus (NCB) is a discount given by insurance companies for not making any claims during the policy year. Here’s how you can check your NCB online:

1. Log In to Your Insurer’s Website:
   • Visit the official website of your insurance provider.
   • Use your credentials to log in to your account. If you do not have an account, you may need to register.
2. Navigate to Your Policy Details:
   • Once logged in, locate the section where your policies are listed. This may be under “My Policies,” “Policy Details,” or a similar category.
3. Find the NCB Section:
   • Look for information related to the No Claim Bonus. This section might be labeled as “No Claim Discount” or simply “NCB.”
4. View NCB Details:
   • Check the NCB details displayed. This should include the percentage of your discount and any applicable conditions.
5. Download or Request an NCB Certificate:
   • If needed, you can download or request an official NCB certificate from your insurer’s website. This certificate can be useful for renewing your policy.

Tips:

• Check your NCB status before renewing your policy to ensure you get the correct discount.
• Contact your insurance provider’s customer support if you have trouble finding the NCB details.

How to Check Accrued Bonus on LIC Policy Online

The accrued bonus on your LIC policy represents the bonus amount accumulated over the term of your policy. Here’s how to check it online:

1. Visit the LIC Website:
   • Go to the Life Insurance Corporation of India’s official website: www.licindia.in.
2. Log In to Your LIC Account:
   • Use your User ID and password to log in. If you do not have an account, you will need to register for one.
3. Go to the Policy Status Section:
   • After logging in, navigate to the “Policy Status” section from the main menu.
4. Select Your Policy:
   • Choose the specific LIC policy for which you want to check the accrued bonus.
5. View Accrued Bonus Information:
   • Under the policy details, look for the section related to “Bonus” or “Accrued Bonus.” This will display the amount of bonus accumulated.
6. Download or Print Policy Details:
   • If needed, you can download or print the policy details for your records.

Tips:

• Regularly check your accrued bonus to keep track of your policy benefits and future payouts.
• If you encounter any issues or need clarification, contact LIC’s customer support for assistance.

Conclusion

Understanding and managing your insurance and policy bonuses online can help you make the most of your benefits. By following the steps outlined in this guide, you can easily check your No Claim Bonus and accrued bonus on your LIC policy. Always ensure you review the details carefully and contact your insurance provider for any additional support or clarification.