In many families in Sundar Nagar, someone works outside India, maybe in the Gulf, Europe or elsewhere, while parents and relatives stay in Goregaon. Managing LIC policies from abroad can be tricky. If you are looking for an LIC Agent in Sundar Nagar Goregaon who can help the family here keep things on track, I can assist.
Parents and relatives of people working abroad can meet me, S. Kulkarni, at the Shivanand office on S.V. Road near Samrat Talkies. The person abroad can join on a WhatsApp call.
LIC Agent Sundar Nagar Goregaon: help for families with members abroad
Common situations I see:
- A policy was bought before the person moved abroad, and now premium dates are being missed
- The contact number and address on LIC records are outdated
- Parents in Goregaon hold the policy bond but cannot make changes
- The person abroad wants to buy a new policy and is not sure if that is allowed
Keeping mobile number, email and bank details updated with LIC is the first step. Then premiums can be paid online and notices will reach the right person.
It also helps if one family member in Goregaon has a copy of every policy document and knows the premium dates. A shared list on the phone lets both the person abroad and the parents here see what is due.
Can NRIs buy LIC policies?
Non-resident Indians can buy certain LIC policies, subject to LIC’s rules for NRIs. These may include conditions on where the proposal is completed, medical requirements and the mode of premium payment. The rules can change, so I will check the current requirements for your situation before we go ahead.
Planning areas
Keeping existing policies running
If premiums are missed while you are abroad, the policy can lapse. Setting up online payment or a standing instruction avoids this. I can guide the family here through the steps.
Cover for parents’ future
Some people abroad want to set up income for their parents. Annuity plans like New Jeevan Shanti can be discussed, with the parent as the annuitant.
Savings in India
Some NRIs like to keep part of their savings in Indian insurance plans. We will look at the premium, term and currency of payment before deciding.
Returning to India
When someone moves back to India after working abroad, their residential status changes. It is a good time to review existing policies, update contact details and see if the cover still matches the family’s needs.
Paperwork on behalf of the family
For maturity or claims, documents are needed from the policyholder or nominee. I can explain what is required so the family can arrange it in time.
Other families nearby, including in Mahesh Nagar and Prakash Nagar, deal with the same questions.
Frequently asked questions
My son lives abroad. Can I pay his LIC premium from here?
Yes, premiums can be paid by the family through LIC’s accepted payment channels. Any changes to the policy still need the policyholder’s request.
Can the policyholder update details from abroad?
Many updates can be requested with the right documents. I will tell you what LIC needs for each change.
Can an NRI buy a new LIC policy?
Yes, NRIs can buy certain LIC policies subject to conditions. I will check the current rules with you.
Contact S. Kulkarni
S. Kulkarni
LIC Insurance Advisor / Agent
Address:
Shivanand, Swami Vivekanand Road,
Near Samrat Talkies, Goregaon West,
Mumbai, Maharashtra 400104
Mobile / WhatsApp: 9920431205
Call or WhatsApp S. Kulkarni to discuss your LIC insurance requirement.
Read more on the main LIC agent Goregaon page.
