There are various options for paying the premium of the policy then we would like to inform you that you can pay premium at the cash counter at the LIC office. You can make payment via cheque, Demand Draft or cash. Besides this, premium for ULIP policies can also be paid in any of the branches of the LIC. There are other alternatives for making payment for the premium which includes online payment option or pay cash to the LIC agent. If you need more details then call at the LIC Customer Care Number and catch the required solutions instantly.