LIC Policy Gives You Maximum Benefits at Lower Premiums; Check Out Details
2 years, 8 months ago

LIC Policy Gives You Maximum Benefits at Lower Premiums; Check Out Details

News 18  

LIC Policy Jeevan Amar Plan: The Life Insurance Corporation, or LIC, of India is one of the go-to options for Indians when it comes to buy insurance policies. LIC Jeevan Amar Policy LIC’s Jeevan Amar plan is a Non-Linked, Without Profit, pure protection plan. The LIC Jeevan Amar plan provides financial protection to the insured’s family in case of his/her unfortunate death during the policy term. LIC Jeevan Amar Policy Benefits If you are a 30-year-old who wants to invest in the LIC Jeevan Amar plan, then you have to pay a monthly premium of Rs 3,000 to get the minimum sum assured of Rs 2.5 lakh in a time of 10 years.

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History of this topic

LIC traditional plans get dearer, terms & conditions get restrictive
1 week ago

LIC traditional plans get dearer, terms & conditions get restrictive

Deccan Chronicle  

Mumbai: The country’s largest life insurer-Life Insurance Corporation of India has raised premium rates and made a host of changes to its traditional participating life insurance plans. According to industry sources, premium rates have been revised upwards by approximately 4-9 per cent on money back plans, endowment plans, whole life plans and children plans including LIC’s most popular policies such …

LIC to enter health insurance? ‘Done some internal groundwork’, exploring acquisition opportunities
6 months, 3 weeks ago

LIC to enter health insurance? ‘Done some internal groundwork’, exploring acquisition opportunities

Hindustan Times  

State-run Life Insurance Corporation may enter the health insurance segment and is reportedly exploring acquisition opportunities. At present, life companies can only offer long-term benefit covers under health insurance and for them to provide hospitalisation and indemnity cover, an amendment to the Insurance Act would be needed. LIC quarterly results The public sector insurer posted a net profit of ₹13,781.59 …

LIC introduces a new plan named Jeevan Utsav; all you need to know
1 year ago

LIC introduces a new plan named Jeevan Utsav; all you need to know

Live Mint  

Life Insurance Corporation of India has introduced a novel plan encompassing individual savings and whole life insurance. At the conclusion of each policy year in which the premium is paid, guaranteed additions of ₹ 40 per thousand basic sum assured will accumulate throughout the premium paying term. 40 per thousand basic sum assured will accumulate throughout the premium paying term. …

LIC targeting double digit growth, plans to launch 3-4 new products for FY24: Chairman
1 year, 1 month ago

LIC targeting double digit growth, plans to launch 3-4 new products for FY24: Chairman

Live Mint  

Insurance behemoth Life Insurance Corporation is set to unveil 3-4 new products in the upcoming months, aiming a double-digit increase in new business premiums during the current fiscal year. Mohanty further added that 2-3 additional policies will be introduced throughout the year to attain a double-digit growth in new business premiums. In the initial half of the ongoing financial year, …

For 18-Year LIC Jeevan Azad Policy, Pay Premium Only For 10 Years
1 year, 10 months ago

For 18-Year LIC Jeevan Azad Policy, Pay Premium Only For 10 Years

News 18  

Life Insurance Corporation of India has introduced LIC Jeevan Azad Policy. A guaranteed lump sum payment to policyholders of the savings-based life insurance plan Jeevan Azad upon maturity is what makes it unique. A person choosing 18-year insurance will only be required to make premium payments for 10 years because the policy’s payment period is equal to the policy term …

LIC Jeevan Labh: Get maturity and death benefit with this policy; details here
2 years ago

LIC Jeevan Labh: Get maturity and death benefit with this policy; details here

Firstpost  

The policyholder receives ‘Sum Assured on Maturity’ as lump sum when the policy matures. Here are some of the benefits you get under this plan: Maturity benefit The policyholder earns “Sum Assured on Maturity” as a lump sum when the policy matures. The sum assured is equal to the “Basic Sum Assured” plus vested “Simple Reversionary Bonuses” along with “Final …

LIC Brings New Pension Plus Plan; Premium, Funds, Terms; Details Here
2 years, 3 months ago

LIC Brings New Pension Plus Plan; Premium, Funds, Terms; Details Here

News 18  

Life Insurance Corporation has introduced a new non-participating, unit-linked, individual pension plan, New Pension Plus, effective 5 September. The policyholder can also choose the amount of premium and the policy term depending upon minimum and maximum limits of premium, policy term and vesting age. The guaranteed addition on regular premium ranges from 5.0-15.5 per cent and on single premium payable …

LIC Policy Returns All Your Premiums After Maturity: Check Features, Benefits, Eligibility
2 years, 5 months ago

LIC Policy Returns All Your Premiums After Maturity: Check Features, Benefits, Eligibility

News 18  

LIC Jeevan Mangal Policy: The Life Insurance Corporation, or LIC, of India is one of the go-to options for Indians when it comes to buy insurance policies. The minimum sum assured under the LIC Jeevan Mangal policy is Rs `10,000 while the maximum sum assured is Rs 50,000. To avail the LIC Jeevan Mangal policy, one has to be minimum …

New LIC Policy Gives You Benefits Worth Rs 22 Lakh After Maturity; Check Details
2 years, 5 months ago

New LIC Policy Gives You Benefits Worth Rs 22 Lakh After Maturity; Check Details

News 18  

LIC Dhan Sanchay Policy: The Life Insurance Corporation, or LIC, of India is one of the go-to options for Indians when it comes to buy insurance policies. The LIC Dhan Sanchay policy gives guaranteed income benefit during the pay-out period from the date of maturity and guaranteed terminal benefit. You can choose the Annualized Premium / Single Premium in multiples …

LIC Policy: Invest in This Plan for Just 4 Years, Get Rs 1 Crore at Maturity; Know How
2 years, 5 months ago

LIC Policy: Invest in This Plan for Just 4 Years, Get Rs 1 Crore at Maturity; Know How

News 18  

LIC Jeevan Shiromani Plan: The Life Insurance Corporation, or LIC, is one of the go-to options for Indians when it comes to buying insurance policies. The Jeevan Shiromani Policy provides a basic sum assured of Rs 1 crore and the policyholder needs to invest in this policy for four years only, after which he or she will get the returns. …

LIC Policy: Get Rs 36,000 Return Each Year Until Age of 100 if You Deposit Rs 45 Everyday
2 years, 6 months ago

LIC Policy: Get Rs 36,000 Return Each Year Until Age of 100 if You Deposit Rs 45 Everyday

News 18  

LIC Policy Jeevan Umang Policy: The Life Insurance Corporation, or LIC, of India is one of the go-to options for Indians when it comes to buy insurance policies. Pay Rs 45 Daily, Get Rs 36,000 Each Year After Maturity If you sign up for LIC Jeevan Umag Policy at the age of 26 for an insurance cover of Rs 4.5 …

LIC Policies to be Available on Policybazaar from Now. Know Details
2 years, 10 months ago

LIC Policies to be Available on Policybazaar from Now. Know Details

News 18  

The Life Insurance Corporation of India has announced a tie up with insurance aggregator Policybazaar.com. “LIC, the country’s pioneer in life insurance and Policybazaar.com have joined hands to offer a wide range of term and investment products to consumers. “LIC has been the pioneer and a dominant player in the life insurance segment ensuring financial protection for India’s masses. LIC …

LIC launches campaign for policyholders to revive lapsed policies
3 years, 4 months ago

LIC launches campaign for policyholders to revive lapsed policies

India TV News  

To provide continued risk cover to its policyholders, state-run insurer Life Insurance Corporation of India on Monday launched a special campaign for the revival of lapsed individual policies. "The campaign is launched for the benefit of those policyholders whose policies lapsed as they were not able to pay premiums on time due to unavoidable circumstances,” the release said. For receivable …

LIC Policy Can Give You Rs 28 Lakh Return, Rs 15,000 Additional Pension Benefits
3 years, 4 months ago

LIC Policy Can Give You Rs 28 Lakh Return, Rs 15,000 Additional Pension Benefits

News 18  

Life Insurance Corporation provides a slew of investment options that offer impressive safe returns on investment. In the Jeevan Pragati scheme, a person has to invest only Rs 200 a day and after 20 years, they will get a return of Rs 28 lakh. LIC Jeevan Pragati Plan: Details — The risk cover in this policy increases after every five …

LIC Kanyadaan policy: Raise Rs 27 lakh with an investment of Rs 130 daily – Details
3 years, 8 months ago

LIC Kanyadaan policy: Raise Rs 27 lakh with an investment of Rs 130 daily – Details

India TV News  

The Life Insurance Corporation has designed a policy dedicated for daughters. The minimum age of an investor for enrollment in the LIC Kanyadaan policy is 30 years and the minimum age of investor’s daughter should be 1 year. The premium amount approximately Rs 11 lakh will be paid to the policy holder’s daughter after attaining the age of 21 years. …

LIC Bima Jyoti: Key features, benefits, and all you need to know
3 years, 10 months ago

LIC Bima Jyoti: Key features, benefits, and all you need to know

India Today  

Life Insurance Corporation of India has launched a non-linked, non-participating, individual savings plan called Bima Jyoti. LIC Bima Jyoti key features: LIC Bima Jyoti is a Non-linked, Non-participating, Individual, Limited Premium Payment, Life Insurance Savings Plan. Under this plan, Guaranteed Additions shall accrue at the rate of Rs.50 per thousand Basic Sum Assured at the end of each policy year …

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