How to Track the Details of Your Existing Endowment Plans?

Insurer offers the option of keeping track of your policy status and policy information online to keep you informed about payments and other related events. An Endowment policy protects against unforeseen events, therefore, it is the responsibility of the policyholder to check and update the policy for the best results. There are several ways to check the status of your LIC policy. In this article, we have listed various ways offered by different companies to help the policyholder in obtaining policy-related information.

How To Track The Details of Your Existing Endowment Plans?

Here is how you can check the details of your existing endowment plan to keep it functional: 

• Contacting Your Insurer

This service is offered by all companies and is the most standard way of obtaining your policy details. The policyholder simply has to pay a visit to the insurer's office and submit the policy number to obtain all details about the current status of the policy.

• Registering on E-Portal of The Company

The majority of insurers allow you to register online. It only requires you to register once online, and you can visit the insurer's official website to check the status of your endowment insurance policy. It displays all your policy details and even allows you to update premiums, when necessary.

• Contacting Customer Care

Every company offers a customer care service to cater to the needs of the policyholders and investors. To know details about your policy, you can contact the insurance company's customer service department and inquire about your current life insurance policy status by providing the policy number and credentials to the executive.

• Check Status Via SMS

To make the process of obtaining policy details easier, companies provide a number that can be used to check the status of the endowment policy by simply sending a text. 

This process requires you to submit an SMS to the insurer from your registered mobile number, and insurance details will be sent to your phone.

This method is extremely convenient and can be used to know different policy details.

For example, to access details about the instalment premium, LIC requires you to send ASKLIC <Policy Number> PREMIUM to the number provided by them.

Endnotes

Endowment plans, like other insurance plans,  yield the best results when kept updated. From checking the premium instalment to updating the nomination details, the above-mentioned ways will assist you in accessing information about your policy and keep you well-versed with any policy-related developments.

Also Read: 

Why Should I Buy Endowment Insurance Plans Online?

Endowment Plans Vs Term Plans - A Comparison

Disclaimer: This article is issued in the general public interest and is meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive and should research further or consult an expert in this regard.