EPFO lets you pay LIC premiums straight from your EPF

Business Jan 05, 2026

EPFO allows you to pay your LIC insurance premium directly from your EPF account.
This facility is designed to help if you're ever low on cash but want to keep your insurance active, letting you dip into your EPF savings so your policy doesn't lapse.

How it works and who can use it

To use this, you need an active EPF account with at least two months' salary in it, and the LIC policy must be in your own name.
Just fill out Form-14 online on the EPFO website (no office visits needed), and make sure your Aadhaar and PAN are up to date.
You can do this once a year, withdrawing only what's needed for the premium—perfect for keeping long-term policies going even when money's tight.