LIC policy holders can pay premium at any branch by 2011

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The Life Insurance Corporation has decided to operationalise a system within two years that will allow policy holders to claim benefits and pay premium at any of its over 2,100 branches.

'Premium payment can be done from anywhere in India.That's what we have done it. Now claim payment we would like to take it to any office. That's next major issue,' LIC Chairman T S Vijayan told PTI.

'Once all documents are available on the net then any office can do it. As I said it depends on the completion of EDMS (Enterprise Document Management System) project which we plan to complete by 2011,' he said.

It will enable LIC to extend 'anywhere

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