Introduction
In the digital era, online platforms are essential, especially in finance and insurance. The Life Insurance Corporation (LIC) of India has launched the LIC Merchant Portal to streamline premium collection processes for life and health insurance. Designed for LIC merchants, this portal aims to integrate technology into operations, enhancing service and customer satisfaction.
The LIC Merchant Portal ensures timely premium payments, integral to any insurance policy's success, benefiting both policyholders and merchants by simplifying otherwise cumbersome manual processes.
The platform provides tools for merchants to manage policy information, ensuring data accuracy and transparency, thus fostering trust among policyholders.
Merchants enjoy a user-friendly interface for login, processing payments, and managing details efficiently, with additional features like password recovery and email updates for OTPs prioritizing security.

Lic Merchant Premium Collection Portal Overview
The LIC Merchant Portal simplifies premium payments for life and health policies, offering tools to view and update policy details, thereby maintaining accurate policyholder data.

• Login Instructions
  Navigating the portal involves:
  • Visit the official LIC website.
  • Select 'Merchant Portal' from 'Online Services'.
  • Log in with Username and Password.
  • Submit to access the account.
• Password Recovery
  To reset a forgotten password:
  • Visit LIC's official website.
  • Select 'Merchant Portal' & 'Forgot Password'.
  • Enter user ID/email and click 'Mail New Password'.
  • Access the new password via registered email.
• Password Change
  To change the password:
  • Access the 'Merchant Portal'.
  • Login and choose 'Change Password'.
  • Input current and new passwords to reset.
• Email ID Update for OTP
  To update the email ID:
  • Log into the 'Merchant Portal'.
  • Select 'Update email ID to get OTP'.
  • Enter User ID, Password, New Email ID, and update.

Customer Care
For assistance, merchants can call 022-67090501 or 022-67090502 or email agent_support@licindia.com for agent queries, and dev_support@licindia.com for development queries, highlighting LIC's commitment to technology and efficiency.

Conclusion
The LIC Merchant Portal revolutionizes insurance premium collection and management by empowering merchants with tools for efficient service, fostering a more interactive and transparent ecosystem.
The portal exemplifies LIC's tech-driven foresight, being a catalyst for service improvement, and significantly reduces errors while enhancing policy management reliability.
Ultimately, the LIC Merchant Portal is more than a premium collection tool; it is a transformative digital innovation aligning LIC with global trends, positioning it as a forward-thinking entity, thereby enhancing insurance accessibility and transparency.