The Life Insurance Corporation of India (LIC) is India's largest life insurance company and a state-owned organisation. Established in 1956, LIC has been providing insurance coverage to millions of individuals and families across the country for over six decades. With a wide range of insurance products and services, LIC has become a trusted name in the insurance industry in India.
Read moreTo make Life Insurance accessible for all, the Parliament of India passed the Life Insurance Corporation Act on the 19th of June 1956, and after that the Life Insurance Corporation of India was established on September 1, 1956.
As per the IRDAI Annual Report of 2021-22, the Life Insurance Corporation of India holds 61.80 per cent market share in the Indian insurance market.
The company has a solvency ratio of 1.75 in the financial year 2021-22. The solvency ratio helps the prospective policyholder assess the ability of a company to meet its financial obligations.
LIC is one of the largest insurance companies with more than 25 Crore clients and offers a comprehensive range of life insurance plans. LIC offers term plans with affordable premiums and high coverages, irrespective of one’s occupation. There are other reasons also to choose LIC as a life insurance company. Let’s discuss them in detail:
Over 66 Years of Trust: As per IRDAI annual report 2020-21, LIC has successfully paid over 98% of the LIC policy claims filed by nominees. With its customer-centric approach, LIC has become one of the top Life Insurers in India, and 5th largest in the world.
Strong Global Presence: According to Brand Finance-2021, LIC is the 3rd strongest global brand. As of September 2022, the company had around 13.35 lakh agents and has sold 27.80 crore policies.
Backing of the Central Government: All policy buyers want to invest their hard-earned money in a safe place. As per section 37 of the LIC Act, 1956, all the LIC policies are guaranteed by the Central Government. This gives LIC policy buyers a sense of security.
Going Abroad: LIC operates in Bahrain, Kuwait, UAE (Dubai and Abu Dhabi),Sri Lanka, Nepal, Singapore and Oman. The company has their Foreign branches in Fiji, Mauritius and the United Kingdom.
PAN India Network: For the policyholder’s convenience, LIC operates with 1381 satellite offices and 2048 computerized branch offices, 113 divisional offices and 8 zonal offices. With such a widespread network, LIC ensures to cater to all your insurance related queries.
A comprehensive range of products: The company offers a wide range of products in the life insurance market. The plans are quite affordable and offer high coverage at low premium rates. Apart from a vast range of insurance and investment products, LIC India caters to the diverse consumer needs by offering LIC savings plans, ULIPs, and endowment plans to pension plans.
Introducing new innovations in the industry: In every quarter, LIC introduces new products which are specifically designed for the well-being of society. It is the first to introduce micro-insurance plans in India, helping those individuals who are living below the poverty line to get insurance at a low cost.
Use of Updated Technology: The company uses technology like LAN, WAN, IVRS, and EDMS, which helps customers to opt for paperless documentation.
High Claim Settlement Ratio: CSR is the number of claims that are paid to customers by the insurer to the total number of claims received by the insurer. The CSR of LIC is 98.74% for FY 2021-22, indicating fast settlement of claims.
Simple Policy Purchase: Whether you purchase a LIC policy online or offline, the process is simple. If you choose to buy a LIC policy online, you also get special discounts and other benefits.
24X7 Customer Support: LIC of India has unparalleled customer support. For helping their customers, the customer support of LIC is available 24X7.
Tax Benefits of LIC Policy: With every LIC policy, you also get tax benefits under the following sections of the Income Tax Act:
Section 80C
Section 80CCC
Section 80D
Section 80DD
Section 10(10D)
The LIC of India offers an array of insurance and investment products to cater to the needs of a diverse range of customers. Let us take a look at the various types of plans offered by LIC:
These plans allow customers to invest in the equity market to grow their wealth through market-linked returns. A part of the premiums paid towards the policy goes towards this investment and the remaining is used to secure a life cover that protects the financial future of dependents.
Unit-linked insurance plans (ULIP) offered by LIC are –
LIC ULIP Name | Minimum Premium | |
LIC's SIIP | Annually - Rs.40,000 | |
LIC’s Nivesh Plus | One-time premium - Rs.1 Lakh | |
LIC’s New Endowment Plus | Annually - Rs.20,000 |
Everyone should save enough to live a financially protected retirement life. LIC of India offers several pension plans to guarantee financial stability in old age. One of the Latest LIC Pension Plan is the LIC New Pension Plus Plan, which offers market-linked returns and a regular pension source.
These are the four other pension plans that LIC of India offers:
LIC Pension Plan Name | Plan Type | Minimum Purchase Price | |
LIC New Pension Plus Plan | ULIP (Deferred/Immediate) | For Regular Premium Payment: Rs. 3,000 monthly For Single Premium Payment: Rs. 1,00,000 |
|
LIC New Jeevan Shanti | Deferred Annuity Option | Rs 1.5 Lakhs | |
LIC Jeevan Akshay –VII | Individual Immediate Annuity Plan | Rs 1 Lakhs | |
LIC Saral Pension | Individual Immediate Annuity Plan | NA | |
Pradhan Mantri Vaya Vandana Yojana | Pension Scheme | Rs. 1,56,658/- annually |
The LIC of India endowment plans promises a life cover for the insured and increased savings opportunities. These plans offer a guaranteed maturity benefit on surviving the whole policy term, and therefore, can be used to save for the future.
These are the endowment plans that LIC of India offers:
LIC Endowment Plan Name | Minimum Sum Assured | |
LIC Bima Jyoti | Rs. 1,00,000 | |
LIC New Endowment Plan | Rs. 1,00,000 | |
LIC Single Premium Endowment Plan | Rs. 50,000 | |
LIC New Jeevan Anand | Rs. 1,00,000 | |
LIC Jeevan Labh | Rs. 2,00,000 | |
LIC Aadhaar Shila | Rs. 75,000 | |
LIC Jeevan Lakshya | Rs. 1,00,000 | |
LIC Aadhaar Stambh | Rs. 75,000 | |
LIC Dhan Sanchay | Rs. 2.5 Lakhs | |
LIC Bima Ratna | Rs. 5,00,000 |
LIC of India also offers a whole life plan that offers insurance coverage throughout the lifetime of the insured.
The following whole life insurance plan is offered by LIC of India:
LIC Whole Life Plan Name | Minimum Sum Assured | |
LIC Jeevan Umang | Rs.2,00,000 |
Money-Back Plans are life insurance policies that provide life cover during the policy term. Such LIC plans offer a fixed percentage of the sum assured on maturity on surviving certain policy years. These are called survival benefits in LIC.
LIC Money Back Plan Name | Minimum Sum Assured | |
LIC Jeevan Shiromani | Rs. 1,00,00,000 | |
LIC Jeevan Tarun | Rs. 75,000 | |
LIC New Money Back Plan- 20 years | Rs. 1,00,000 | |
LIC New Children’s Money Back Plan | Rs. 1,00,000 | |
LIC New Money Back Plan- 25 years | Rs. 1,00,000 | |
LIC Bima Shree | Rs. 10,00,000 | |
LIC Dhan Rekha | Rs. 2,00,000 | |
LIC New Bima Bachat | For 9 years: Rs. 35,000 For 12 years: Rs. 50,000 For 15 years: Rs. 70,000 |
LIC term insurance plans protect the family of the insured against his/her death at affordable costs. These LIC insurance plans assure financial benefit on the death of the policyholder during the policy term. The LIC of India usually does not pay maturity value under term plans if the individual survives until the end of the policy tenure.
The term plans offered by the Life Insurance Corporation of India are as under:
LIC Term Plan Name | Policy Term | Sum Assured | |
LIC Tech Term | 10 to 40 years | Rs.50,00,000 | |
LIC Jeevan Amar | 10 to 40 years | Rs.25,00,000 | |
LIC Saral Jeevan Bima | 5-40 years | Rs.5,00,000 | |
LIC Bhagya Lakshmi | Premium Paying Term +2 years | Rs.50,000 |
Disclaimer: Policybazaar does not endorse, rate, or recommend any particular insurer or insurance product offered by an insurer.
Riders or add-on benefits are optional or sometimes in-built additional protections that you can attach to your base LIC policy to enhance its coverage. You have to pay an additional premium to purchase a rider on top of your base LIC policy.
Here is the list of riders that LIC offers with its insurance policies:
To purchase a suitable LIC policy, you need to keep the following factors in mind:
Choose the insurance coverage amount (sum assured) wisely by taking into account your current income, savings, number of dependents, future goals, etc. You should keep in mind the requirements of your family as well as your earnings and expenditure.
Based on your future goals, pick a type of plan that can help you fulfill them. For instance, if your goal is retirement planning, look at LIC pension schemes for senior citizens. Alternatively, explore ULIPs if you want to grow your wealth.
Broadly we can divide LIC products into five different categories (as mentioned above). These categories are:
LIC Unit-Linked Plans
Endowment Plans
Pension Plans
Whole Life Insurance Plans
Money-Back Plans
Term Insurance Plans
Now that you have a type, shortlist plans from that category that fall on your budget. Look for additional features that can increase your savings. These may include guaranteed additions, profit participation, loan benefits, loyalty additions, premium waiver, etc.
There are LIC maturity and premium calculators available online. You can use this tool to get to know the premium that you have to pay on regular basis as well as the maturity amount that you will get. Getting to know about these two values will let you decide and choose a suitable LIC insurance policy.
LIC e-services enable users to carry out insurance-related activities from the comfort of their homes through its official website or mobile application. From policy registration to checking claim status, everything can be done in a few clicks.
Here is the range of services that customers and policyholders can access on LIC’s online platform.
Compare plans
Premium calculator and Benefit Illustration
Online premium payment
Review policy status
Loan application
Check claim status
Check policy revival price
Access to forms for various services
Grievance registration
Here is the range of services that customers and policyholders can access on LIC’s online platform.
Customers have to register on LIC’s online customer platform to be able to use the services mentioned above. Here are the steps to do so.
Visit the Customer Portal on LIC's website and click on New User.
Choose User ID and password. Click on Submit.
Login to your account and choose Basic Services to add your policy.
To access LIC’s premier online services, fill up the Registration form and print it.
Sign this form; then scan it along with the PAN card or passport.
Upload the scanned images and click on Submit Request.
Once the details are verified by a Customer Zone Official, you will receive an acknowledgment by email or SMS.
LIC India has several mobile applications to make insurance purchases convenient and less time-consuming. Find below the list of LIC applications that offers access to all its products, features, and services.
My LIC - This is the LIC app store that provides links to its other applications. Users can download whichever app they need through My LIC.
LIC Customer - This app offers detailed information about LIC's products and services. From the online premium payment, checking the policy status, etc. to benefit illustration and plan brochures, you will find everything on this mobile application.
LIC PayDirect - This application allows policyholders to repay loan amounts and to pay renewal premiums and the interest on the loan. You can use this app to make payments even without registering for LIC’s online portal.
LIC Quick Quotes - This LIC app allows users to calculate premiums before actually purchasing a plan. This helps them understand how affordable a plan is. They can also see the death and maturity amount applicable under a plan. This information can be used for better financial planning.
Here is a step-by-step guide on how to purchase a LIC policy through its online portals.
Visit the website of LIC.
Under Buy Online Policies, go to the Click Here option.
Choose the policy you want from the list.
Go to Click to Buy Online.
You will be asked to provide COVID-19-related information.
Click on Proceed to fill in your Contact Details
You will be offered an Access ID. Insert the OTP that you will receive on your phone.
Fill in policy-related details such as policy term, sum assured premium payment criteria, etc.
Click on Calculate Premium.
If everything is in order, proceed to the premium payment.
You will receive a confirmation in your mail or SMS once the transaction is successful.
To find the LIC policy number, all you have to do is visit the LIC customer portal on LIC’s website.
Click on the ‘Registered User’ option.
Login to your account using the user ID and password that you had set when you registered for its services.
This will display the policy numbers of all your active LIC policies that were enrolled by you on the portal.
You can check the LIC policy status online through its website or mobile application.
If you are a new user, you will have to register for its e-services.
You can then proceed to add your policies to your account.
Once the registration is successful, you can log in to view the status of your LIC policy.
If you are an already registered user, simply log in to your account for the same.
You can use LIC’s SMS service to check LIC policy status without registration. All you have to do is -
SMS ASKLIC<policy number>STAT to 56767877 from your registered phone number. Other types of queries for which you can use the SMS service are:
Revival Sum - ASKLIC(Policy Number)REVIVAL
Bonus Additions - ASKLIC(Policy Number)BONUS
Installment premium - ASKLIC(Policy Number)PREMIUM
Status of Added Nominations - ASKLIC(Policy Number)NOM
Loan Sum Available - ASKLIC(Policy Number)LOAN
Another option is to reach out to LIC through its integrated voice response system (IVRS) at 022 6827 6827. Policyholders can also request to have this information faxed to them should they need it.
LIC premium payment online can be done either through the mobile app LIC PayDirect or simply through its official website. The mobile application allows you to pay premiums without having to register to its e-services portal.
Here are step-by-step guides on how to pay LIC premiums online through both mediums.
Through LIC Website
Register to LIC’s customer portal and enroll in your policies.
Login to your account using the user ID and password.
Click on Pay Premium Online.
You will see the list of policies for which premiums are due. Proceed to select one.
You will see different options to make the payment such as net banking, UPI, debit, and credit cards. Use a suitable one for you.
You will be directed to the payment gateway for the option chosen.
Following a successful transaction, you will receive confirmation through an e-receipt.
Through LIC PayDirect
Install the application on your phone.
Click on Proceed.
Under the Pay Direct option, select Advance Premium Payment.
Click on Done.
Fill out the form with information on the policy number, installment premium amount without tax, your DOB, and contact details.
Click on Submit.
Enter the premium particulars in the next step.
Proceed to make the payment using a suitable gateway from the options presented.
Points to Note While Making LIC Premium Payment Online
To use the net banking facility, you need to have a registered bank account with LIC’s listed bank affiliations.
Provide the correct details and valid contact number along with your email address.
The payment receipt will always be mailed to the email address provided.
It should be done by the policyholder only and should not involve a third party.
If the amount has been debited from your account but the screen displays an error, do not attempt to make a payment again. You should receive a confirmation receipt in your mail within 3 working days. You can also report such an incident to bo_eps1@licindia[dot]com.
The online portal accepts only domestic bank-issued cards. Any international cards will not be accepted.
If you want to keep a check on the LIC maturity amount after purchase, all you have to do is create an account on the LIC customer portal. This will give you access to all its online services.
Once you are registered, log in to your account using the newly created User ID and password.
Go to Policy Status. This will display all the enrolled policies under your account.
Click on the policy for which you want to check the LIC maturity amount.
This will display all the information related to the policy including the maturity amount.
If you haven’t bought an insurance policy yet, checking the maturity amount can help you plan your finances better. You can do this using the LIC maturity calculator which offers a detailed illustration of the benefits you will be entitled to. Here is a guide on how to do so.
Visit the LIC website or its application LIC Quick Quotes.
Scroll down to the tab of LIC Premium Calculator.
This will take you to an external page for LIC e-services.
Enter your details such as age, gender, DOB, and contact details.
Click on Next.
You can choose Quick Quotes or Compare Quotes.
Select the policy for which you want to calculate the maturity benefit amount.
Fill the form with desired policy-related details such as the sum that you want to assure, the policy term, premium payment term, and premium paying frequency.
The next page will offer you premium quotes.
You will also see the option for benefit illustration with it.
A key advantage of the LIC maturity calculator is that it takes into account the unique needs of each user. This helps customers make the best insurance decision for themselves.
LIC customer care service includes a range of networks (both online and offline) to facilitate a wider reach. You can contact the LIC call center to use its customer services for information on the following:
Claim settlement
Updating contact details
Unclaimed amounts of policyholders
Policy guidelines and benefits
Policy purchase and premiums
Tax benefit
Bonus information
NRI Insurance
Change of address
Life certificate for pension policies
Application forms
Registration to LIC Customer Portal
The settlement of claims is one of the most important aspects of the services to the policyholders. Therefore, the LIC of India has emphasized greatly the settlement of both maturity and death claims.
Let us understand the procedure for settling the LIC maturity and death claims listed below:
The branch office that serves the policy will send a letter that will inform the date on which the policy money is payable to the policyholder two months before the payment due date.
The policyholder is then requested to return a discharge form that is duly completed with the document of the policy.
With the receipt of the two documents, a post-dated cheque is sent by post in the name of the policyholder before the due date.
With plans like a money-back plan, LIC will provide periodical payments to the policyholders only if the due premium within the policy is paid up to the due anniversary for the survival benefit.
In such cases, wherein the sum payable is less than Rs. 60,000, cheques are most likely released without calling for a policy document in the discharge receipt. In case the amount is high, then these two requirements will be insisted upon.
Whenever the intimation of the life assured’s demise is received, the branch office calls for the listed below requirements:
The Claim Form A- It is essentially the statement of the claimant, which gives the information of the claimant and the life assured.
Certified extract from the death register.
In case the age is not admitted then evidence to substantiate the same.
Proof of title to the deceased's estate in case the policy isn't assigned, nominated or issued within the MWP act.
The original papers of the policy document.
Documents such as the copy of the FIR, and report of the post-mortem are mostly insisted upon in case of death by accident.
Other forms may be requested if the demise occurs less than three years from the date of reinstatement/revival.
Claim Form B: A certificate of the medical attendant that is completed by the deceased’s medical attendant during the last illness.
Claim Form B1: In case the treatment in the hospital was received by the life assured.
Claim Form B2: This should be duly completed by the deceased life assured's a medical attendant who treated him/her before their last illness.
Claim Form C: A certificate of identity and cremation or burial that is completed and signed by the person who is a known character or responsible.
Claim Form E: The employment certificate if the life assured was an employed individual.
The copies of the post-mortem report, first information report, and the investigation report of police in case the demise was due to an unnatural cause or an accident.
Step 1: Visit LIC of India
Step 2: Fill in the form with your name and contact number, and click on View Plans.
Step 3: After this, on the next page fill in your age and current city
Step 4: Once done, you can check the plans available and customize the amount and tenure for your investments
Step 5: Choose the plan, and pay your premiums online.
Note: Policybazaar also provides door-to-door advisors to resolve your queries.
LIC Related Queries | Description |
LIC Login | With LIC Online Login facility, you can easily get all your policy related information at your fingertips. |
LIC Online Payment | Now make LIC Premium payment online from the comforts of your home with multitude of online payment options available. |
LIC Policy Status | Check the status of your policy online without registration. Enter your policy number and contact details, and get all your policy-related details in a couple of minutes. |
LIC Customer Portal | Avail the benefit of online E-services offered by LIC at free of cost. Be it premium payment, or checking the claim status, you can use an online portal for your every policy related requirement. |
LIC Premium Payment | LIC of India offers several online and offline methods of paying timely premiums. |
LIC Policy Details | Keep track of your LIC status and all the other policy-related details with the e-Service Portal offered by LIC. |
Below are the best LIC plans to buy in 2023:
You can easily buy and compare LIC plans from Policybazaar at affordable premium rates. To buy LIC from Policybazaar, you can follow the below-mentioned steps:
The best LIC policy will depend on the individual needs of buyers. Look for schemes that offer guaranteed additions on top of the assured death and maturity benefits, such as LIC Bima Jyoti. Or, you can also look at ULIPs such as LIC SIIP to enjoy market-linked returns from the equity market. Whichever policy you pick, it should align with your future goals.
Disclaimer: Policybazaar does not endorse, rate, or recommend any particular insurer or insurance product offered by an insurer.
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Start Your New Year by investing in LIC Jeevan Labh
03 January 2023
By investing Rs. 573 per day in LIC Jeevan Labh, one can avail the benefits up to 1 Crore. The plan comes with the dual benefit of Life protection and savings and ensures to provide you and your loved ones with financial security.
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Secure your daughter’s future by investing Rs. 4,258 in LIC Kanyadan Policy
29 December 2022
LIC Jeevan Lakhya’s customized version of LIC Kanyadan policy is an ideal way of securing the future of your daughter. If you are a 30-year-old, then by investing Rs. 4,258 per month for 22 years, you will get the guaranteed benefit
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Avail Comprehensive Financial Protection with LIC Jeevan Labh
27 December 2022
LIC Jeevan Labh is a traditional life insurance plan that offers the dual benefit of life protection and savings. The plan offers death benefits to the nominee in case the policyholder dies during the maturity period.
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Checkout the 4 LIC Schemes that offer the Highest Returns to the customers
21 December 2022
LIC of India provides a vast range of insurance products catering to every individual’s insurance needs. Along with life protection, LIC Plans also offer high returns. Take a look at the below 4 LIC Plans below that are designed to offer comprehensive coverage with high returns.
Secure your daughter’s future by investing Rs. 4,258 in LIC Kanyadan Policy
15 December 2022
LIC Jeevan Lakhya’s customized version of LIC Kanyadan policy is an ideal way of securing the future of your daughter. If you are a 30-year-old, then by investing Rs. 4,258 per month for 22 years, you will get the guaranteed benefit
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Get a threefold maturity benefit by investing in LIC SIIP Plan
13 December 2022
LIC SIIP is a unit-linked wherein you can invest your hard money and get guaranteed returns on maturity. Suppose you are a 20-year-old male wishing to create a financial corpus for your future
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Earn good returns with full security with LIC New Jeevan Anand Policy
12 December 2022
LIC New Jeevan Anand is a plan designed to offer the combined benefit of savings and protection. With the plan, you can avail guaranteed full payout at the time of maturity and continued life coverage till the time you die.
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With LIC Saral Pension Yojna, both husband-wife can receive regular income with one-time premium payment.
06 December 2022
The non-linked, single premium, individual, immediate annuity LIC Saral Pension Plan provides both single and combination benefits. The plan allows husband and wife to invest together.
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LIC launched its Whatsapp Services for policyholders to get policy updates on the go
05 December 2022
LIC recently launched its WhatsApp services for the first time, where you can get access to their listed policy services from the comfort of your homes. All you need to do is text ‘Hi’ on the phone number 8976862090.
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LIC Jeevan Labh: Secure over Rs. 37 Lacs by paying a daily premium of Rs. 252
02 December 2022
LIC Jeevan Labh is one of LIC’s most popular plans that can be purchased by anyone within the age range of 8 to 59 years. With this plan, you only have to pay premiums for a limited period and can get policy benefits for a longer term.
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LIC Jeevan Akshay VII: Get over Rs. 5,000 monthly income for life by investing just Rs. 10 Lacs
01 December 2022
LIC Jeevan Akshay VII is a pension plan that allows you to secure your retirement and maintain your current lifestyle even after the loss of monthly income. Any individual within the age range of 30 to 85 years can purchase the plan.
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Secure your retirement with LIC Saral Pension Yojna and receive Rs.14,038 every month for the rest of your life
30 November 2022
LIC Saral Pension Yojna is a recently launched pension plan that offers immediate annuity along with the return of purchase price to the nominee after the policyholder’s death. Through this plan, a 42-year-old male purchasing the policy for Rs. 30 Lacs can receive Rs. 14,038 monthly as his regular pension.
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Invest Rs. 71 every day in LIC New Endowment Plan to receive Maturity Benefits worth Rs. 24.9 Lacs
28 November 2022
LIC New Endowment Plan is a plan that provides financial support to the policyholder’s family in case of his/her unfortunate death and offers attractive maturity benefits on outliving the policy term.
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LIC Jeevan Umang: Invest Rs. 42 every day to receive Rs. 40,000 every year for your whole life
25 November 2022
LIC Jeevan Umang is a whole-life policy wherein you only have to pay the premium for a limited period and receive life cover benefits for a lifetime. If suppose an 18-year-old purchases this plan for a sum assured of
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LIC recently relaunched its most popular term assurance plans: New Jeevan Amar and New Tech Term
24 November 2022
Life Insurance Corporation of India withdrew its original Tech Term and Jeevan Amar plans and recently relaunched them. Both of these plans are pure-risk,
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LIC New Endowment Plan: Pay Rs. 56,000 annually and get up to 52,29,000 on maturity
23 November 2022
LIC New Endowment policy offers life coverage to the policyholder and offers several additional bonuses at the time of maturity.
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LIC Jeevan Tarun: Invest Rs. 150 every day to get over Rs. 5 Lacs as a maturity benefit
22 November 2022
If you are looking for a child plan that combines the benefits of savings and protection, then LIC’s Jeevan Tarun is the plan for you. With this plan, you only have to pay premiums until the child turns 20 and the policy coverage continues until 25.
Get a lifetime monthly pension of Rs.34,213 with LIC Jeevan Akshay Plan
21 November 2022
LIC Jeevan Akshay lets you enjoy your post-retirement days with attractive pension options. The plan comes with 10 annuity options wherein a policyholder can enjoy a life cover, a guaranteed pension for life, and security for their spouse or other dependents.
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LIC Adhaar Shila Policy: Get maturity of over Rs. 4 Lacs by investing just Rs. 42 daily
18 November 2022
LIC Adhaar Shila is a plan specially designed for women. Through this plan, you can get a maturity benefit worth Lacs and be eligible to receive loyalty additions after the completion of the 5th policy year.
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Get a monthly pension of Rs. 6,375 with LIC’s Jeevan Akshay Policy
17 November 2022
LIC Jeevan Akshay VII is a plan that offers regular income to individuals looking to secure their financial independence even after retirement.
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With LIC Jeevan Labh, Earn up to Rs. 17 Lakhs by paying only Rs 216 per day
16 November 2022
LIC Jeevan Labh is the perfect plan for savings and protection that comes with Accidental Death and Disability optional benefits. By only investing Rs. 216 per day for 16 years, policyholders can earn up to Rs. 17,00,000.
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Pay Rs. 58,000 per month for 16 years and become a Crorepati with LIC Shiromani
15 November 2022
LIC Shiromani is an attractive savings and protection plan with an inbuilt critical illness benefit. Through this plan you can receive a minimum sum assured of 1 Crore by paying monthly premiums for 10-16 years.
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Get over 39,000 per month for a lifetime with LIC Jeevan Akshay VII’s ‘Immediate Annuity for life’ option
14 November 2022
LIC Jeevan Akshay offers attractive pension options to anyone looking to secure retirement. If a 45-year-old male purchases the plan for Rs. 70 Lacs, then he would receive Rs. 39,696 monthly under the plan’s ‘Immediate annuity for life’ option.
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LIC Dhan Varsha: Invest Rs. 10 Lacs and Receive Rs. 1 Crore in Return.
07 November 2022
If you are looking for a plan that offers protection, savings, as well as high returns without the market risks, LIC Dhan Varsha is the one-stop solution for you. LIC Dhan Varsha provides financial support to your family in case of your unfortunate death within the policy term.
LIC Jeevan Umang Policy: Get Rs. 36,000 every month by investing just Rs. 42 per day
03 November 2022
LIC Jeevan Umang is a whole life insurance policy that covers you for your entire lifetime. The policy offers two main benefits: it offers financial protection to your family in case of your untimely death and, provides guaranteed monthly income after the end of the 30th policy year.
LIC Dhan Rekha Plan 863 – Invest 6.7 lakhs and get back 23 lakhs! Check policy benefits, maturity calculator and other details.
02 November 2022
Want to make some quick and easy money? Then look no further than the LIC Dhan Rekha Plan 863! With this incredible investment plan, you can earn a huge return of Rs 23 lakh by investing just Rs 6.7 lakh.
Don't wait any longer, invest in LIC Jeevan Umang today!
12 October 2022
Looking for an investment plan that offers you guaranteed returns? Look no further than LIC Jeevan Umang! With a minimum sum assured of Rs 2 lakhs and a policy term
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Buy LIC Jeevan Labh Now And Save For Your Daughter’s Bright Future
11 October 2022
LIC of India offers the LIC Jeevan Labh policy with a view to help parents save regularly for their daughter's future goals such as marriage, education etc.
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Protect your little girl's future with LIC Jeevan Tarun!
07 October 2022
This special policy was created to help cover the costs of your child's education and other future needs. With a minimum sum assured of Rs. 75,000 and no maximum amount
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LIC Jeevan Labh Secures Your Family With Comprehensive Financial Protection
03 October 2022
LIC's Jeevan Labh Policy is a great way for sole earning members to save for their family's future. By investing just Rs 253 per day, policyholders can earn up to Rs 54.50 lakh upon maturity.
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With LIC Bima Ratna, Enjoy Guaranteed Additions With Maturity And Death Benefits
29 September 2022
LIC Bima Ratna is a great way to save for the future and create a financial safety net for your family. It also offers guaranteed additions up to Rs 60 per Rs 1000 of basic sum assured.
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Enjoy Low Premiums On Desired Coverage With LIC Dhan Rekha
28 September 2022
LIC Dhan Rekha offers great coverage for women, making it an ideal option for those who want to protect their families from financial hardship. The LIC premium for this policy is very affordable as well.
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With Only 6 Months Left, Get Your Hands On The LIC PMVVY Pension Scheme Now!
27 September 2022
The Government pension scheme, Pradhan Mantri Vaya Vandana Yojana is only available for sale till Mar 31, 2023. Sold exclusively by LIC, the plan promises a lot of benefits for senior citizens who have retired or are planning to retire.
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LIC Endowment Plan: Pay Rs. 86 daily to receive maturity returns more than Rs. 21 Lacs
26 September 2022
LIC Endowment Plan offers attractive returns on your investments. This plan is available for a minimum and maximum policy term of 12 and 35 years respectively.
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Here’s How You Can Get A Lump Sum Payout On Maturity With LIC Dhan Rekha
22 September 2022
LIC Dhan Rekha is a life insurance policy that caters to children and adults alike. There is absolutely no limit to the maximum amount that one can assure with this LIC policy.
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Secure A Monthly Pension Of Rs 20,000 Or More With LIC Jeevan Akshay VII
21 September 2022
LIC Jeevan Akshay offers 10 plan options to choose from. You get to enjoy a life cover, a guaranteed pension for life, and security for your spouse or other dependents.
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Invest today for a secure future tomorrow with LIC Jeevan Labh!
20 September 2022
If you're looking for a tax-saving investment option that can also provide you with a tidy sum of money upon maturity, look no further than the LIC Jeevan Labh policy offered by the LIC of India.
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Get Your 2-Year-Old Child Insured With LIC’s Dhan Sanchay Plan & Secure An Income For Them
16 September 2022
Save as low as Rs 86 every day and secure a guaranteed maturity benefit of Rs 5,76,834 after 15 years. Moreover, get a guaranteed income of Rs 49,500 every year from the 16th year till the 30th year.
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LIC Saral Pension Can Get You Rs 52,000 Every Year With Just A One-Time Premium Payment
15 September 2022
The plan not only offers you a lifetime annuity but also a 100% return of the purchase price on the death of the pensioner.
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LIC Jeevan Tarun Can Help You Fund Your Child’s Dream Education
13 September 2022
You can set up a decent fund for your child with the help of LIC Jeevan Tarun. As soon as your child reaches the age of 20, funds will start flowing in annually for the next 5 years.
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Secure a lifetime pension and also get guaranteed additions with LIC’s New Pension Plus
12 September 2022
It is a new unit-linked pension policy by the LIC of India. In addition to a life cover and a pension, the plan also adds an extra amount through guaranteed additions.
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Enjoy 25% More Than The Assured Sum On Death With LIC Bima Jyoti
09 September 2022
You can now secure a big corpus for your family to survive on after your demise with LIC’s Bima Jyoti Policy. Nominees can claim 125% of the original sum assured along with extra guaranteed additions that accrue every year.
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Invest Just Rs 4000 A Month In LIC SIIP And Get Double The Invested Amount At Maturity
08 September 2022
If you are a 26-year-old female looking for financial independence in the long term, you should start investing in LIC SIIP. A monthly investment of Rs 4000 for 20 years can get you up to Rs 18 Lakhs at maturity
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LIC of India Introduces a New Unit-linked Pension Plan That Offers a Regular Income To Retirees
07 September 2022
LIC’s New Pension Plus is a unit-linked pension plan wherein you can invest a small amount on a regular basis. Your investments will go towards the equity market
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You Can Now Check Your LIC Policy Status Without Registration! Here’s how
06 September 2022
For people who don’t have access to the internet, you can now check your policy status offline by sending an SMS. All you have to do is type ASKLIC Policy Number STAT and send it to 56767877.
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A One Time Deposit Gets You A Lifetime Pension with LIC’s Jeevan Akshay Annuity Plan
05 September 2022
This LIC pension plan can earn you a minimum annual pension of Rs 12,000 for life. There is no limit to the maximum pension amount, which allows you to design
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With LIC Bima Ratna, Your Family Gets 25% More Than The Sum Assured On Your Death
01 September 2022
LIC Bima Ratna offers a life insurance cover on your life in addition to savings opportunities. If you were to die within the policy term, LIC will pay your family the promised sum assured plus 25% more.
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Pay Once & Enjoy Risk-Free Life Cover For 10 Years with LIC’s Single Premium Endowment Plan
30 August 2022
Protect your family against your death with the financial benefits offered under the LIC Single Premium Endowment Plan. Invest in this LIC plan a one-time premium
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Investing in LIC Jeevan Shanti Can Put an End to Your Money Woes After Retirement
29 August 2022
LIC Jeevan Shanti can help you secure a lifetime pension after retirement along with a life cover on top. If you have a few years
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Secure Your Child With An Annual Income Worth Rs 8 Lakhs For 15 Years
26 August 2022
If you start investing Rs 8 Lakhs per annum in Jeevan Umang for the next 15 years, LIC will offer a guaranteed risk cover worth Rs 1 Crore.
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Secure Up To Rs 2 Lakhs For Your Family By Investing a Small Amount Every Month
25 August 2022
LIC Bhagya Lakshmi is a small term life insurance plan that offers financial help to your family on your unfortunate demise.
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LIC Micro Bachat: A Small Savings of Rs 48 Every Day Gets You Over Rs 2 Lakhs on Maturity
24 August 2022
LIC Micro Bachat (Plan No. 951) is a small savings & insurance scheme by LIC specifically for people on a budget. As a 30-year-old male, all you would need is a daily amount of Rs 48, amounting to Rs 16,387 in a year.
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Get Rs 1 Lakh Pension Every Year Plus 100% Money Back At Maturity With LIC PMVVY
23 August 2022
LIC Pradhan Mantri Vaya Vandana Yojana (PMVVY) is up for sale only till 31st March 2023. With the end date coming soon, senior citizens aged 60 and above should invest
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LIC Aadhaar Shila Brings To You Rs 3 Lakhs & More At Just Rs 45 Per Day
22 August 2022
Specially designed for women aged 8 to 55 years, LIC Aadhaar Shila is a mix of insurance and savings product that promises up to Rs 3 lakhs on maturity.
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LIC’s Special Policy Revival Campaign Offers Up To 30% Concession on Late Fee Payment
19 August 2022
If your policy hasn’t matured yet and it’s been less than 5 years since the last unpaid premium, revive it now to enjoy a reduced late fee. In these uncertain and trying
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LIC Jeevan Umang: Save Only Rs 150 Daily & Secure A Lifetime Pension of Rs 80,000
18 August 2022
On top of a risk cover, LIC Jeevan Umang offers an annual survival benefit equal to 8% of the Basic Sum Assured till the date of maturity.
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Get Guaranteed Rs 1 Crore After Just 10 Years of Investing in LIC Jeevan Shiromani
16 August 2022
LIC Jeevan Shiromani guarantees a minimum of Rs 1 Crore in the form of survival benefits and a maturity benefit.
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Double your wealth now by investing as low as Rs 6,666 monthly in LIC SIIP Plan
12 August 2022
LIC SIIP is a unit-linked insurance plan that offers a risk cover and opportunities to invest in the equity market to generate high returns.
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With LIC Bima Jyoti, Pay Premiums for Rs.1 Crore & Get Back Rs.2 Crores on Maturity
10 August 2022
LIC Bima Jyoti offers guaranteed additions at a rate of Rs.50 per 1000 sum assured. This accrues every year until the date of maturity or death.
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Secure Rs.50/- Lakhs on Maturity with LIC Jeevan Labh: Invest only Rs.623/- per day
09 August 2022
LIC Jeevan Labh is a combination scheme that offers a risk cover on the life of the insured and a lump sum maturity benefit on survival.
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31 May 2023
Buying a LIC policy for your wife can provide several benefits30 May 2023
LIC New Children's Money Back Policy is a life insurance plan29 May 2023
LIC Jeevan Tarun Calculator is an online tool provided by LIC29 May 2023
The LIC New Bima Gold Calculator is an online tool introduced by22 May 2023
LIC Nivesh Plus Return Calculator is an online tool that helpsInsurance
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