There are no charges for using the LIC Merchant Portal or paying for Premium collection. However, there may be charges for certain transactions, such as payments made using a credit or debit card. LIC Merchant PortalAgent vs Merchant Login Capabilities LIC portal has two types of access: Agent Login Capabilities: Agents use the portal for policy sales, client servicing and general customer support. They have access to policy details, premium calculation tools and data to advise clients on new products or renewals. Agents can see their sales, commissions and view reports to manage their workflow and client interactions. Merchant Login Capabilities: Merchants (larger entities or payment ... Who is a LIC Merchant and How Do They Use the Merchant Portal? LIC Merchants are individuals or businesses authorized by the Life Insurance Corporation of India (LIC) to collect premiums on behalf of the company. They act as intermediaries between LIC and policyholders, simplifying the premium payment process. LIC's portal for merchants to manage policies, transactions and more.
