ALIP is a process prescribed under the LIC Act 1938, where in the policy holder (assignor) can transfer his / her financial rights on the policy to the assignee for a valuable consideration. The assignee thereafter becomes responsible for future premium payments and also rightfully receives all the benefits accruing from the policy.
Updated on
Apr 15, 2025
Finance
Data safety
arrow_forward
Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
Learn more about how developers declare collection
Data is encrypted in transit
See details
What’s new
We’re excited to launch the public release of our mobile app for both policy holders and insurance agents. This version is packed with essential features to make insurance services more accessible, faster, and more efficient.
Key Features: - Secure login with OTP-based authentication - View and manage insurance policies - Upload documents/photos as proof during customer visits - Auto logout after inactivity for security