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 up to 5 per cent on the completion of a certain policy year. With the current market cap of Rs 5,53,721.92 lakh crore, Life Insurance Corporation became the fifth-largest company in terms of valuation on the market listing day in May.

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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 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, …

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: 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 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 …

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 Saral Pension Plan: Earn minimum Rs 12,000 pension yearly; Details
3 years, 5 months ago

LIC launches Saral Pension Plan: Earn minimum Rs 12,000 pension yearly; Details

India TV News  

The Life Insurance Corporation has launched a new annuity plan. The new scheme is called -- LIC Saral Pension plan. Under this pension plan, the LIC is offering two annuity options of a lump sum amount -- life annuity with a return of 100 per cent of the purchase price and joint life last survivor annuity with return of 100 …

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