LIC WhatsApp Premium Payment Service for Policyholders
Why in the news
Life Insurance Corporation of India began accepting premium payments through WhatsApp, a step in its digital drive.
Key facts
- Eligibility: all registered LIC customers.
- Services: check policy status and due dates, then pay by UPI, net banking or cards.
- Launched by: Chairman and MD Siddhartha Mohanty with senior officials.
- Reach: 2.2 crore+ registered policyholders; 3 lakh+ daily logins.
About LIC
- Founded 1 September 1956; headquartered in Mumbai.
Exam angle
- New channel: WhatsApp; HQ Mumbai.