When the policy is surrendered, the company pays the surrender value and the coverage is terminated. You can also check your LIC policy status by sending sms to 56767877 If you have clicked “yes” for the question “Do you have any LIC policies?” you will be presented with an online policy enrolment form after you click the … Apart from policy status, you can also check next premium due, loan, surrender … In this Term Insurance Plan, the life insurance company promises to pay a specified amount (sum insured or death benefit ), if the insured dies during the duration of the plan. One of the easiest ways is to check your LIC policy status periodically to keep a track of the policies you own, when you need to make the premium payment, renew the policy, etc. Thanks to technology, due to which we are able to perform work in just a few clicks. Sometimes due to work, we forget to pay the amount of our policy. Surrendering of a LIC policy means giving up the policy before the term of the policy is over. Get hassle-free policy updates on your phone! By various LIC status check, it keeps in alert to grab the bonuses as soon as they declared with the generous benefits. Step 3: Policy status online. Send SMS to Check LIC Policy Status: Check your policy in two easy steps. An auto-responder mail would be sent to the policy holder as confirmation of successful registration. LIC Policy Status Check. You can track your LIC policy by visiting the LIC branch to get details about your policies or visit the LIC website and login to check the details. A policy holder can any time inquire about the current status of his or her policy online, over the phone or by visiting a LIC of India branch office.It is very simple and fast to know check the status with just your policy number. LIC Term Insurance Plan is the most basic LIC (Life Insurance Corporation of India) policy.It is the simplest form of insurance plan offered by the life insurance Corporation. The policyholder can opt to surrender the policy any time that he/she wants to. List of LIC Term Insurance Plans. Enrol Policy. After branch validates your policy, you can check your LIC policy status online anytime. Check LIC Policy Status: If you have a policy, you might want to check your LIC policy status, due premium, loan on policy and so on.The good news is that now, you can check all the information on your mobile phone by SMS. To check LIC policy status,there are two options available for the users -New User and Registered User.If you are already a registered user, you can login by filling in the following details-User Id/ Email ID/ Mobile Number,Password and Date of Birth. It is ultimately the LIC holder’s responsibility to check the status of their premium and about the policy. 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