Know Your Customer (KYC) is basically all you need for any LIC policy. In fact KYC is all you need to avail any govt. Benefit or apply in any scheme, open bank account etc.
KYC Documents Required for LIC Policy:
- Self Attested Photograph
- Age Proof: (school certificate, passport, PAN card, driving license)
- Residence proof (ration card, election card, electricity bill, water bill, telephone bill, credit card bill, bank passbook, driving license, rent agreement, passport etc)
- Photo I D proof (PAN card, D/L, passport, election card, Ration card & bank pass book with the proposers photograph on it)
- Income proof (salary slip, form 16, Income tax returns, pension pass book etc) (If total Premium Exceeds one lakh)
Update: Aadhaar or PAN card is officially the most important document for any financial transaction/policy.